Dr. Susan Schultz Huxman, President | Eastern Mennonite University
Dr. Susan Schultz Huxman, President | Eastern Mennonite University
Data shows that students paid $18,556 on average to attend higher education courses at the time, $511 more than the previous school year.
Among the two institutions in the county, Eastern Mennonite University stood out with the highest tuition fees, reaching an average of $40,990. James Madison University followed with an average of $17,572 per year.
At the time, a total of $23.3 million in grants or scholarships were awarded to full-time undergraduates who started at the Harrisonburg city universities in the 2022-23 school year. Additionally, federal student loans reached $17.6 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.
| 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 |
|---|---|---|---|---|---|---|
| James Madison University | 3,936 | $17,538,607 | $4,456 | 1,660 | $16,553,244 | $9,972 |
| Eastern Mennonite University | 192 | $5,806,402 | $30,242 | 123 | $1,080,539 | $8,785 |
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