According to the latest report, tuition for studies at Mercer County Technical Education Center surged by 201.2% during the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.
Students paid $5,162 to attend the two-year public institution this year, which is $238 less than the $5,400 tuition charged in the 2021-22 academic year.
Approximately 94% of the school’s undergraduate students are residents of West Virginia, while about 4% come from other states.
Data indicates that 88% of full-time undergraduates who enrolled at Mercer County Technical Education Center in 2022-23 received some form of student financial aid. A total of 28 students were awarded grants or scholarships amounting to $147,060.
Across the entire undergraduate population, 88 students benefited from grants or scholarships totaling $372,253.
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.
The following data includes only full-time students who began an undergraduate program at the Mercer County Technical Education Center in the 2022-23 school year.
| Type of Aid | Number of students awarded aid | Percent awarded aid | Total amount of aid awarded | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 20 | 63% | $118,650 | $5,933 |
| State / local grant or scholarship | 9 | 28% | $28,410 | $3,157 |
| Institutional grants or scholarships | 0 | 0% | $0 | $0 |
| Grant or scholarship aid total | 28 | 88% | $147,060 | $5,252 |
| Federal student loans | 0 | 0% | $0 | $0 |
| Other student loans | 0 | 0% | $0 | $0 |
| Student loan aid | 0 | 0% | $0 | $0 |
| Total student aid | 28 | 88% | $147,060 | $5,252 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
