Scott M. Shaw Chief Executive Officer and President | Lincoln College of Technology-Columbia
Scott M. Shaw Chief Executive Officer and President | Lincoln College of Technology-Columbia
Data shows that students paid $9,601 on average to attend higher education courses at the time, $366 more than the previous school year.
Among the three institutions in the county, Lincoln College of Technology-Columbia stood out with the highest tuition fees, reaching an average of $32,046. Paul Mitchell the School-Jessup followed with an average of $17,800 per year. Howard Community College students were offered the lowest annual tuition fees at $6,880.
At the time, a total of $4.1 million in grants or scholarships were awarded to full-time undergraduates who started at the Howard County universities in the 2022-23 school year. Additionally, federal student loans reached $4 million.
Currently there are three higher education institutions in Howard County, including Lincoln College of Technology-Columbia, Paul Mitchell the School-Jessup, and Howard Community College.
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 |
|---|---|---|---|---|---|---|
| Paul Mitchell the School-Jessup | 81 | $341,414 | $4,215 | 101 | $567,586 | $5,620 |
| Lincoln College of Technology-Columbia | 511 | $2,002,421 | $3,919 | 422 | $3,193,795 | $7,568 |
| Howard Community College | 373 | $1,771,524 | $4,749 | 48 | $249,686 | $5,202 |
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