Cost of education increases for all Las Vegas College students in 2022-23 school year

Howard Zucker, CDC Deputy Director for Global Health
Howard Zucker, CDC Deputy Director for Global Health
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Tuition at Las Vegas College rose by 6.6% for the 2022-23 school year, based on the most recent information released, according to the latest disclosure from the National Center for Education Statistics.

Students enrolled at the four-year private for-profit institution paid $16,695 this year, an increase of $1,032 compared to the $15,663 charged during the 2021-22 academic year.

Approximately 97% of the undergraduate student body at the school are residents of Nevada, while around 3% come from other states.

Data indicates that 96% of full-time undergraduates who began studies at Las Vegas College in 2022-23 received some form of student financial aid. A total of 53 students were awarded grants or scholarships amounting to $281,339, and 73 students took out loans exceeding $991,227.

Among all undergraduates, 308 students received grants or scholarships totaling $1.4 million. Additionally, 409 students borrowed a combined $3.8 million in federal student loans.

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.

Undergraduate Financial Aid

The following data includes only full-time students who began an undergraduate program at the Las Vegas College in the 2022-23 school year.

Type of Aid Number of students awarded aid Percent awarded aid Total amount of aid awarded Average amount of aid per student
Federal grants 53 70% $281,339 $5,308
State / local grant or scholarship 0 0% $0 $0
Institutional grants or scholarships 0 0% $0 $0
Grant or scholarship aid total 53 70% $281,339 $5,308
Federal student loans 69 91% $492,905 $7,144
Other student loans 44 58% $498,322 $11,326
Student loan aid 73 96% $991,227 $13,578
Total student aid 73 96% $1.3 million $17,432

Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.



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