Dr. Thomas Mitzel President | Kentucky Wesleyan College
Dr. Thomas Mitzel President | Kentucky Wesleyan College
Data shows that students paid $10,711 on average to attend higher education courses at the time, $375 more than the previous school year.
Among the four institutions in the county, Kentucky Wesleyan College stood out with the highest tuition fees, reaching an average of $31,300. Brescia University followed with an average of $27,950 per year. Owensboro Community and Technical College students were offered the lowest annual tuition fees at $4,997.
At the time, a total of $10.7 million in grants or scholarships were awarded to full-time undergraduates who started at the Daviess County universities in the 2022-23 school year. Additionally, federal student loans reached $1.4 million.
Currently there are four higher education institutions in Daviess County, including Owensboro Community and Technical College, Ross Medical Education Center-Owensboro, and Brescia University.
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 |
---|---|---|---|---|---|---|
Ross Medical Education Center-Owensboro | 14 | $79,739 | $5,696 | 18 | $209,062 | $11,615 |
Owensboro Community and Technical College | 471 | $3,020,436 | $6,413 | 50 | $254,959 | $5,099 |
Brescia University | 99 | $2,629,281 | $26,558 | 47 | $271,133 | $5,769 |
Kentucky Wesleyan College | 222 | $5,008,537 | $22,561 | 121 | $703,282 | $5,812 |