Cindy Marten, Deputy Secretary of Education | https://upload.wikimedia.org/wikipedia/commons/a/a0/Cindy_Marten%2C_Deputy_Secretary_of_Education_2.jpg
Cindy Marten, Deputy Secretary of Education | https://upload.wikimedia.org/wikipedia/commons/a/a0/Cindy_Marten%2C_Deputy_Secretary_of_Education_2.jpg
Data shows that students paid $15,840 on average to attend higher education courses at the time, $458 more than the previous school year.
Among the three institutions in the county, Anderson University stood out with the highest tuition fees, reaching an average of $31,720. Arclabs followed with an average of $17,900 per year. Tri-County Technical College students were offered the lowest annual tuition fees at $6,524.
At the time, a total of $36.6 million in grants or scholarships were awarded to full-time undergraduates who started at the Anderson County universities in the 2022-23 school year. Additionally, federal student loans reached $8.2 million.
Currently there are three higher education institutions in Anderson County, including Tri-County Technical College, Anderson University, and Arclabs.
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 |
|---|---|---|---|---|---|---|
| Arclabs | 236 | $1,322,807 | $5,605 | 257 | $2,046,235 | $7,962 |
| Anderson University | 786 | $20,110,386 | $25,586 | 383 | $3,201,824 | $8,360 |
| Tri-County Technical College | 1,666 | $15,134,807 | $9,085 | 378 | $2,991,702 | $7,915 |
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