William S. Wainwright, Ph.D. President | Southeastern Louisiana University
William S. Wainwright, Ph.D. President | Southeastern Louisiana University
Data shows that students paid $8,703 on average to attend higher education courses at the time, $74 more than the previous school year.
Among the two institutions in the county, Compass Career College stood out with the highest tuition fees, reaching an average of $15,258. Southeastern Louisiana University followed with an average of $8,628 per year.
At the time, a total of $14.2 million in grants or scholarships were awarded to full-time undergraduates who started at the Tangipahoa Parish universities in the 2022-23 school year. Additionally, federal student loans reached $3.2 million.
Undergraduate education costs have seen a significant increase over the past few decades. Data shows a 169% rise in the average total cost, including tuition, fees, room, and board, between 1980 and 2020.
According to a 2023 College Board report, in-state students at public universities paid an average of $11,260, while out-of-state students paid $29,150 in the 2023-24 academic year.
Meanwhile, student loan debt has steadily increased over the last 30 years, reaching $1.75 trillion in 2024, averaging a total of $28,950 per borrower. Federal loans make up 92% of the debt, with over half of students at both public and private four-year colleges graduating with student loans.
Available data sometimes exceeds 100% due to rounding and administrative calculations.
Institution | Number of Students Receiving Grants | Total Amount of Grants Received | Average Amount of Grant Per Student | Number of Students Receiving Loans | Total Amount of Loans Received | Average Amount of Loans Per Student |
---|---|---|---|---|---|---|
Southeastern Louisiana University | 1,337 | $13,967,954 | $10,447 | 542 | $2,934,388 | $5,414 |
Compass Career College | 47 | $275,128 | $5,854 | 45 | $286,920 | $6,376 |