Dr. Miguel Cardona, Secretary of Education | https://www2.ed.gov/news/staff/bios/cardona.html#:~:text=Miguel%20A.,in%20the%20mainland%20United%20States.
Dr. Miguel Cardona, Secretary of Education | https://www2.ed.gov/news/staff/bios/cardona.html#:~:text=Miguel%20A.,in%20the%20mainland%20United%20States.
Data shows that students paid $9,826 on average to attend higher education courses at the time, $185 more than the previous school year.
Among the nine institutions in the county, Calumet College of Saint Joseph stood out with the highest tuition fees, reaching an average of $21,650. Don Roberts School of Hair Design followed with an average of $20,000 per year. Indiana University-Northwest students were offered the lowest annual tuition fees at $8,211.
At the time, a total of $11.4 million in grants or scholarships were awarded to full-time undergraduates who started at the Lake County universities in the 2022-23 school year. Additionally, federal student loans reached $4.9 million.
Currently there are nine higher education institutions in Lake County, including Indiana University-Northwest, Denmark College, and Purdue University Northwest.
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 |
|---|---|---|---|---|---|---|
| Denmark College | 65 | $387,555 | $5,962 | 67 | $307,201 | $4,585 |
| Purdue University Northwest | 1,051 | $6,747,138 | $6,420 | 435 | $2,287,554 | $5,259 |
| Lil Lou's Beauty and Barber College | 10 | $75,179 | $7,518 | 10 | $91,671 | $9,167 |
| Lil Lou's Beauty and Barber College-Hammond | 7 | $41,423 | $5,918 | 7 | $43,000 | $6,143 |
| Indiana University-Northwest | 258 | $2,103,458 | $8,153 | 138 | $643,829 | $4,665 |
| Don Roberts School of Hair Design | 20 | $89,758 | $4,488 | 21 | $153,532 | $7,311 |
| Tricoci University of Beauty Culture-Highland | 65 | $392,730 | $6,042 | 80 | $631,561 | $7,895 |
| Paul Mitchell the School-Merrillville | 6 | $25,573 | $4,262 | 10 | $73,981 | $7,398 |
| Calumet College of Saint Joseph | 105 | $1,505,975 | $14,343 | 86 | $711,271 | $8,271 |
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