Dr. Miguel Cardona, Secretary of Education | Official website
Dr. Miguel Cardona, Secretary of Education | Official website
Data shows that students paid $26,055 on average to attend higher education courses at the time, $255 more than the previous school year.
Among the three institutions in the county, Olivet Nazarene University stood out with the highest tuition fees, reaching an average of $37,940. Paul Mitchell the School-Tinley Park followed with an average of $22,400 per year. Kankakee Community College students were offered the lowest annual tuition fees at $13,582.
At the time, a total of $20.2 million in grants or scholarships were awarded to full-time undergraduates who started at the Kankakee County universities in the 2022-23 school year. Additionally, federal student loans reached $3.7 million.
Currently there are three higher education institutions in Kankakee County, including Kankakee Community College, Olivet Nazarene University, and Paul Mitchell the School-Tinley Park.
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-Tinley Park | 22 | $111,053 | $5,048 | 25 | $184,919 | $7,397 |
Olivet Nazarene University | 681 | $18,999,390 | $27,899 | 475 | $3,396,908 | $7,151 |
Kankakee Community College | 163 | $1,067,264 | $6,548 | 19 | $92,828 | $4,886 |