Adam S. Weinberg, President | Adam S. Weinberg
Adam S. Weinberg, President | Adam S. Weinberg
Data shows that students paid $23,972 on average to attend higher education courses at the time, $966 more than the previous school year.
Among the five institutions in the county, Denison University stood out with the highest tuition fees, reaching an average of $60,000. Ohio State School of Cosmetology-Heath followed with an average of $24,550 per year. Career and Technology Education Centers of Licking County students were offered the lowest annual tuition fees at $797.
At the time, a total of $29 million in grants or scholarships were awarded to full-time undergraduates who started at the Licking County universities in the 2022-23 school year. Additionally, federal student loans reached $6 million.
Currently there are five higher education institutions in Licking County, including Ohio State School of Cosmetology-Heath, Ohio State University-Newark Campus, and Denison University.
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 |
|---|---|---|---|---|---|---|
| Ohio State University-Newark Campus | 703 | $4,807,471 | $6,839 | 453 | $2,593,495 | $5,725 |
| Denison University | 672 | $23,333,631 | $34,723 | 405 | $2,926,945 | $7,227 |
| Ohio State School of Cosmetology-Heath | 47 | $228,325 | $4,858 | 46 | $209,655 | $4,558 |
| Career and Technology Education Centers of Licking County | 34 | $170,171 | $5,005 | 28 | $128,432 | $4,587 |
| Central Ohio Technical College | 89 | $441,563 | $4,961 | 38 | $179,879 | $4,734 |
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