Tracy Morris President | Illinois Valley Community College
Tracy Morris President | Illinois Valley Community College
Data shows that students paid $13,235 on average to attend higher education courses at the time, $220 more than the previous school year.
Among the two institutions in the county, Educators of Beauty College of Cosmetology-Peru stood out with the highest tuition fees, reaching an average of $18,857. Illinois Valley Community College followed with an average of $13,169 per year.
At the time, a total of $2.3 million in grants or scholarships were awarded to full-time undergraduates who started at the LaSalle County universities in the 2022-23 school year. Additionally, federal student loans reached $240,445.
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 |
|---|---|---|---|---|---|---|
| Educators of Beauty College of Cosmetology-Peru | 26 | $119,045 | $4,579 | 26 | $160,212 | $6,162 |
| Illinois Valley Community College | 463 | $2,185,601 | $4,721 | 15 | $80,233 | $5,349 |
Alerts Sign-up