Wesley A. Payne, Ph.D., President | Three Rivers College
Wesley A. Payne, Ph.D., President | Three Rivers College
Data shows that students paid $6,017 on average to attend higher education courses at the time, $89 more than the previous school year.
Among the two institutions in the county, Poplar Bluff Technical Career Center stood out with the highest tuition fees, reaching an average of $7,334. Three Rivers College followed with an average of $6,000 per year.
At the time, a total of $3.8 million in grants or scholarships were awarded to full-time undergraduates who started at the Butler County universities in the 2022-23 school year. Additionally, federal student loans reached $284,638.
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 |
---|---|---|---|---|---|---|
Three Rivers College | 481 | $3,624,044 | $7,534 | 40 | $200,183 | $5,005 |
Poplar Bluff Technical Career Center | 21 | $154,394 | $7,352 | 17 | $84,455 | $4,968 |