Jennifer N. Schuller President of Lake Erie College | lec.edu
Jennifer N. Schuller President of Lake Erie College | lec.edu
Data shows that students paid $8,983 on average to attend higher education courses at the time, $249 more than the previous school year.
Among the five institutions in the county, Lake Erie College stood out with the highest tuition fees, reaching an average of $35,024. Brown Aveda Institute-Mentor followed with an average of $19,275 per year. Lakeland Community College students were offered the lowest annual tuition fees at $4,523.
At the time, a total of $7.3 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 $2.3 million.
Currently there are five higher education institutions in Lake County, including Lake Erie College, Rabbinical College Telshe, and Auburn Career Center.
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 |
---|---|---|---|---|---|---|
Auburn Career Center | 68 | $250,846 | $3,689 | 47 | $139,985 | $2,978 |
Lake Erie College | 225 | $5,914,984 | $26,289 | 203 | $1,432,995 | $7,059 |
Lakeland Community College | 165 | $710,881 | $4,308 | 67 | $299,289 | $4,467 |
Brown Aveda Institute-Mentor | 48 | $262,998 | $5,479 | 64 | $399,952 | $6,249 |
Rabbinical College Telshe | 20 | $209,941 | $10,497 | 0 | $0 | $0 |