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Thursday, November 21, 2024

Average cost of college education in Wyoming rises for students in 2022-23 school year

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Average tuition fees rose 1.1% for college students in Wyoming in the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.

Data shows that students paid $8,736 on average to attend higher education courses at the time, $95 more than the previous school year.

Among the 10 institutions in the state, WyoTech stood out with the highest tuition fees, reaching an average of $29,000. The Cheeks Beauty Academy followed with an average of $17,300 per year. Casper College students were offered the lowest annual tuition fees at $4,263.

At the time, a total of $28.5 million in grants or scholarships were awarded to full-time undergraduates who started college in Wyoming. Additionally, federal student loans reached $14.5 million.

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.

Average Tuition Fees in Wyoming Universities in 2022-23 School Year

InstitutionAverage Tuition FeesTotal Enrollment
WyoTech$29,000993
Cheeks Beauty Academy$17,30045
University of Wyoming$12,9348,518
Eastern Wyoming College$6,9321,421
Northwest College$6,9111,423
Central Wyoming College$6,2211,923
Laramie County Community College$6,0133,770
Northern Wyoming Community College District$5,8383,596
Western Wyoming Community College$4,3062,391
Casper College$4,2633,354

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