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Thursday, November 7, 2024

Average cost of college education in Chautauqua County rises for students in 2022-23 school year

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David Conklin, President | Jamestown Business College

David Conklin, President | Jamestown Business College

College tuition fees rose 0.7% in Chautauqua County in the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.

Data shows that students paid $8,241 on average to attend higher education courses at the time, $60 more than the previous school year.

Among the three institutions in the county, Jamestown Business College stood out with the highest tuition fees, reaching an average of $12,945. SUNY at Fredonia followed with an average of $9,263 per year. Jamestown Community College students were offered the lowest annual tuition fees at $7,008.

At the time, a total of $10.5 million in grants or scholarships were awarded to full-time undergraduates who started at the Chautauqua County universities in the 2022-23 school year. Additionally, federal student loans reached $4.2 million.

Currently there are three higher education institutions in Chautauqua County, including SUNY at Fredonia, Jamestown Business College, and Jamestown Community College.

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.

Total Student Aid in Chautauqua County Universities in 2022-23 School Year

InstitutionNumber of Students Receiving GrantsTotal Amount of Grants ReceivedAverage Amount of Grant Per StudentNumber of Students Receiving LoansTotal Amount of Loans ReceivedAverage Amount of Loans Per Student
Jamestown Business College92$1,104,508$12,0060$0$0
SUNY at Fredonia679$6,385,085$9,404522$3,619,031$6,933
Jamestown Community College436$3,027,442$6,944130$603,971$4,646

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