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Saturday, September 28, 2024

Average cost of college education in New York County rises for students in 2022-23 school year

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Derek Mazique, MD Chief Medical Officer for MSBI and New York Eye and Ear Infirmary of Mount Sinai (NYEE) | Phillips School of Nursing at Mount Sinai Beth Israel

Derek Mazique, MD Chief Medical Officer for MSBI and New York Eye and Ear Infirmary of Mount Sinai (NYEE) | Phillips School of Nursing at Mount Sinai Beth Israel

College tuition fees rose 2.8% in New York County in the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.

Data shows that students paid $28,222 on average to attend higher education courses at the time, $764 more than the previous school year.

Among the 54 institutions providing full disclosure in the county, Jewish Theological Seminary of America stood out with the highest tuition fees, reaching an average of $68,365. Columbia University in the City of New York followed with an average of $66,139 per year. CUNY Borough of Manhattan Community College students were offered the lowest annual tuition fees at $5,170.

At the time, at least $478.9 million in grants or scholarships were awarded to full-time undergraduates who started at the New York County universities in the 2022-23 school year. Additionally, federal student loans reached more than $73.1 million.

Currently there are 58 higher education institutions in New York County, including CUNY Borough of Manhattan Community College, Neighborhood Playhouse School of the Theater, and The Ailey School.

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.

Of the 58 institutions in New York County, four did not provide detailed data on tuition fees, including Institute of Culinary Education, Memorial Hospital School of Radiation Therapy Technology, and Mount Sinai Phillips School of Nursing.

Available data sometimes exceeds 100% due to rounding and administrative calculations.

Total Student Aid in New York County Universities in 2022-23 School Year

InstitutionNumber of Students Receiving GrantsTotal Amount of Grants ReceivedAverage Amount of Grant Per StudentNumber of Students Receiving LoansTotal Amount of Loans ReceivedAverage Amount of Loans Per Student
Empire Beauty School-Manhattan178$969,188$5,445167$1,340,133$8,025
CUNY Borough of Manhattan Community College2,891$19,994,555$6,91692$510,181$5,545
Arrojo Cosmetology School37$160,930$4,34934$239,658$7,049
Fashion Institute of Technology592$4,700,475$7,940518$4,966,290$9,587
Circle in the Square Theatre School0$0$00$0$0
Mount Sinai Phillips School of Nursing------------
Digital Film Academy18$87,938$4,88514$125,387$8,956
Relay Graduate School of Education------------
CUNY Graduate School and University Center------------
Mildred Elley-New York Campus203$1,671,452$8,234193$2,101,286$10,887
Christine Valmy International School for Esthetics, Skin Care & Makeup17$74,081$4,35818$77,860$4,326
The Juilliard School101$3,903,578$38,64932$177,447$5,545
Touro University390$4,364,257$11,190103$638,110$6,195
The Cooper Union for the Advancement of Science and Art195$7,641,408$39,18758$444,078$7,657
New York University2,509$121,106,400$48,2691,385$13,641,161$9,849
Lia Schorr Institute of Cosmetic Skin Care Training52$207,299$3,98749$223,034$4,552
Berkeley College-New York62$713,286$11,50532$181,250$5,664
Columbia University in the City of New York777$50,639,512$65,173109$1,606,282$14,737
The Ailey School8$60,330$7,5415$27,500$5,500
New York Conservatory for Dramatic Arts160$2,569,588$16,060125$1,548,030$12,384
American Academy of Dramatic Arts-New York108$1,313,740$12,16461$965,440$15,827
School of Visual Arts424$7,065,330$16,664197$2,645,553$13,429
Neighborhood Playhouse School of the Theater0$0$00$0$0
American Musical and Dramatic Academy470$8,284,473$17,627337$4,011,476$11,903
LIM College234$2,643,054$11,295156$1,871,980$12,000
New York School of Interior Design8$50,602$6,3258$93,250$11,656
Metropolitan College of New York25$164,113$6,56512$86,500$7,208
The New School1,302$26,696,031$20,504437$4,878,710$11,164
Barnard College334$18,767,496$56,190408$3,174,703$7,781
Ace Institute of Technology177$1,264,825$7,146130$829,276$6,379
Boricua College46$424,866$9,2360$0$0
Mesivtha Tifereth Jerusalem of America0$0$00$0$0
CUNY City College2,226$20,558,452$9,236125$772,733$6,182
Manhattan School of Music131$2,995,695$22,86844$332,496$7,557
Memorial Hospital School of Radiation Therapy Technology------------
CUNY Stella and Charles Guttman Community College329$2,014,655$6,1248$35,575$4,447
Helene Fuld College of Nursing0$0$00$0$0
Yeshiva University581$18,042,940$31,055160$1,002,696$6,267
Swedish Institute a College of Health Sciences321$1,997,455$6,223402$1,852,400$4,608
CUNY John Jay College of Criminal Justice1,617$15,011,733$9,284126$1,376,836$10,927
Alliance Computing Solutions8$47,800$5,9750$0$0
American Academy McAllister Institute of Funeral Service0$0$06$40,600$6,767
Institute of Culinary Education------------
Jewish Theological Seminary of America27$701,762$25,9910$0$0
Pacific College of Health and Science0$0$08$35,381$4,423
CUNY Hunter College2,689$25,877,826$9,624120$909,149$7,576
Atelier Esthetique Institute of Esthetics59$211,192$3,58051$255,471$5,009
Marymount Manhattan College402$10,229,246$25,446361$2,712,540$7,514
New Age Training515$2,359,912$4,582488$2,598,879$5,326
Gemological Institute of America-New York14$129,056$9,2187$73,231$10,462
Focus Personal Training Institute7$26,624$3,8030$0$0
DeVry College of New York0$0$00$0$0
CUNY Bernard M Baruch College2,175$21,461,464$9,867237$1,279,506$5,399
Aveda Arts & Sciences Institute-New York30$95,072$3,16929$323,980$11,172
Mandl School-The College of Allied Health54$452,706$8,38349$471,577$9,624
Culinary Tech Center40$399,905$9,99829$159,500$5,500
Studio Jewelers0$0$05$38,178$7,636
Pace University2,072$70,755,149$34,1481,185$12,424,713$10,485

ORGANIZATIONS IN THIS STORY

American Academy McAllister Institute of Funeral ServiceMesivtha Tifereth Jerusalem of AmericaInstitute of Culinary EducationCuny Graduate School And University CenterManhattan School of MusicCuny John Jay College of Criminal JusticeMemorial Hospital School of Radiation Therapy TechnologyPacific College of Oriental Medicine-New YorkCulinary Tech CenterAlliance Computing SolutionsFocus Personal Training InstituteMandl School-The College of Allied HealthLia Schorr Institute of Cosmetic Skin Care TrainingNew York School of Interior DesignThe New SchoolBoricua CollegeEmpire Beauty School-ManhattanDevry College of New YorkCircle In The Square Theatre SchoolHelene Fuld College of NursingArrojo Cosmetology SchoolAmerican Academy of Dramatic Arts-New YorkAtelier Esthetique Institute of EstheticsNew York Conservatory for Dramatic ArtsCooper Union for the Advancement of Science and ArtNeighborhood Playhouse School of the TheaterMildred Elley-New York CampusNew York UniversityThe Juilliard SchoolJewish Theological Seminary of AmericaSwedish Institute A College of Health SciencesMetropolitan College of New YorkFashion Institute of TechnologyTouro CollegeCuny Bernard M Baruch CollegeNew Age TrainingAce Institute of TechnologyPhillips School of Nursing at Mount Sinai Beth IsraelBerkeley College-New YorkMarymount Manhattan CollegeLim CollegeGemological Institute of America New YorkChristine Valmy International School for Esthetics, Skin Care & MakeupRelay Graduate School of EducationStella And Charles Guttman Community CollegeSchool of Visual ArtsDigital Film AcademyBarnard CollegePace UniversityThe Ailey SchoolCuny Hunter CollegeCuny City CollegeBorough Of Manhattan Community CollegeAveda Institute-New YorkYeshiva UniversityStudio JewelersAmerican Musical And Dramatic Academy

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