Dr. Miguel Cardona (left), Secretary of Education and Cindy Marten, Deputy Secretary | https://www2.ed.gov/news/staff/bios/index.html
Dr. Miguel Cardona (left), Secretary of Education and Cindy Marten, Deputy Secretary | https://www2.ed.gov/news/staff/bios/index.html
Data shows that students paid $14,222 on average to attend higher education courses at the time, $88 more than the previous school year.
Among the six institutions in the county, Wagner College stood out with the highest tuition fees, reaching an average of $51,260. St Paul's School of Nursing-Staten Island followed with an average of $17,300 per year. Career School of NY students were offered the lowest annual tuition fees at $4,385.
At the time, a total of $27 million in grants or scholarships were awarded to full-time undergraduates who started at the Richmond County universities in the 2022-23 school year. Additionally, federal student loans reached $4.5 million.
Currently there are six higher education institutions in Richmond County, including Career School of NY, Torah Temimah Talmudical Seminary, and College of Staten Island CUNY.
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 |
---|---|---|---|---|---|---|
Wagner College | 407 | $14,375,952 | $35,322 | 235 | $2,310,126 | $9,830 |
Paul Mitchell the School-NYC | 12 | $78,940 | $6,578 | 23 | $154,054 | $6,698 |
College of Staten Island CUNY | 1,474 | $12,048,245 | $8,174 | 206 | $1,394,697 | $6,770 |
Career School of NY | 31 | $187,150 | $6,037 | 81 | $332,500 | $4,105 |
Torah Temimah Talmudical Seminary | 9 | $75,651 | $8,406 | 0 | $0 | $0 |
St Paul's School of Nursing-Staten Island | 31 | $266,575 | $8,599 | 34 | $304,849 | $8,966 |