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Baltimore City Wire

Saturday, October 5, 2024

Average cost of college went up for students in Baltimore city in 2022-23 school year

College tuition fees rose 2% in Baltimore city in the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.

Data shows that students paid $30,676 on average to attend higher education courses at the time, $603 more than the previous school year.

Among the 12 institutions providing full disclosure in the county, Johns Hopkins University stood out with the highest tuition fees, reaching an average of $60,480. Maryland Institute College of Art followed with an average of $53,815 per year. Baltimore City Community College students were offered the lowest annual tuition fees at $3,373.

At the time, at least $137.2 million in grants or scholarships were awarded to full-time undergraduates who started at the Baltimore city universities in the 2022-23 school year. Additionally, federal student loans reached more than $24.1 million.

Currently there are 13 higher education institutions in Baltimore city, including All-State Career-Baltimore, Maryland Institute College of Art, and Johns Hopkins University.

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 13 institutions in Baltimore city, University of Maryland, Baltimore did not provide detailed data on tuition fees.

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

Total Student Aid in Baltimore city 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
Johns Hopkins University840$49,103,140$58,456170$1,801,938$10,600
Holistic Massage Training Institute------------
University of Baltimore25$220,821$8,83311$62,546$5,686
University of Maryland, Baltimore------------
Coppin State University296$4,493,643$15,181135$724,496$5,367
All-State Career-Baltimore381$1,859,995$4,882325$2,182,460$6,715
Loyola University Maryland1,259$50,074,813$39,773757$6,701,869$8,853
Notre Dame of Maryland University56$2,118,969$37,83955$389,463$7,081
Maryland Institute College of Art227$6,454,778$28,435134$1,142,520$8,526
Baltimore Studio of Hair Design11$47,000$4,27312$61,200$5,100
Morgan State University2,119$20,663,096$9,7511,588$10,986,829$6,919
Baltimore City Community College168$1,710,877$10,1840$0$0
Women's Institute of Torah Seminary and College30$443,098$14,7700$0$0

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