David Vice President and CEO | LinkedIn
David Vice President and CEO | LinkedIn
Data shows that students paid $12,756 on average to attend higher education courses at the time, $591 more than the previous school year.
Among the two institutions in the county, Intellitec College-Grand Junction stood out with the highest tuition fees, reaching an average of $22,509. Colorado Mesa University followed with an average of $11,515 per year.
At the time, a total of $13.3 million in grants or scholarships were awarded to full-time undergraduates who started at the Mesa County universities in the 2022-23 school year. Additionally, federal student loans reached $9.4 million.
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 |
---|---|---|---|---|---|---|
Intellitec College-Grand Junction | 638 | $3,106,322 | $4,869 | 648 | $5,218,395 | $8,053 |
Colorado Mesa University | 1,329 | $10,231,222 | $7,698 | 706 | $4,179,582 | $5,920 |