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 $17,204 on average to attend higher education courses at the time, $10 more than the previous school year.
Among the eight institutions in the county, The University of Tennessee-Knoxville stood out with the highest tuition fees, reaching an average of $21,617. Johnson University followed with an average of $19,274 per year. Pellissippi State Community College students were offered the lowest annual tuition fees at $4,585.
At the time, a total of $86.8 million in grants or scholarships were awarded to full-time undergraduates who started at the Knox County universities in the 2022-23 school year. Additionally, federal student loans reached $26.1 million.
Currently there are eight higher education institutions in Knox County, including The University of Tennessee-Knoxville, Johnson University, and Paul Mitchell the School-Knoxville.
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 |
---|---|---|---|---|---|---|
The University of Tennessee-Knoxville | 5,777 | $66,381,343 | $11,491 | 2,153 | $21,818,536 | $10,134 |
Johnson University | 145 | $1,420,575 | $9,797 | 83 | $640,286 | $7,714 |
Pellissippi State Community College | 1,780 | $10,832,516 | $6,086 | 51 | $238,723 | $4,681 |
Tennessee School of Beauty of Knoxville Inc | 101 | $638,592 | $6,323 | 121 | $756,818 | $6,255 |
Ross Medical Education Center-Knoxville | 50 | $280,290 | $5,606 | 54 | $556,710 | $10,309 |
South College | 425 | $5,821,862 | $13,698 | 212 | $1,787,406 | $8,431 |
Paul Mitchell the School-Knoxville | 26 | $169,025 | $6,501 | 32 | $271,593 | $8,487 |
Tennessee College of Applied Technology-Knoxville | 328 | $1,227,617 | $3,743 | 0 | $0 | $0 |