Dr. Antoinette (Toni) Farmer-Thompson, Provost & Chief Academic Officer | LinkedIn
Dr. Antoinette (Toni) Farmer-Thompson, Provost & Chief Academic Officer | LinkedIn
Data shows that students paid $24,425 on average to attend higher education courses at the time, $719 more than the previous school year.
Among the four institutions in the county, Marymount University stood out with the highest tuition fees, reaching an average of $37,600. DeVry University-Virginia followed with an average of $17,488 per year. The University of Management and Technology students were offered the lowest annual tuition fees at $9,450.
At the time, a total of $9.5 million in grants or scholarships were awarded to full-time undergraduates who started at the Arlington County universities in the 2022-23 school year. Additionally, federal student loans reached $1.4 million.
Currently there are four higher education institutions in Arlington County, including University of Management and Technology, Strayer University-Virginia, and Marymount 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.
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 |
---|---|---|---|---|---|---|
Marymount University | 340 | $9,521,178 | $28,003 | 161 | $1,353,021 | $8,404 |
University of Management and Technology | 0 | $0 | $0 | 0 | $0 | $0 |
DeVry University-Virginia | 0 | $0 | $0 | 0 | $0 | $0 |
Strayer University-Virginia | 0 | $0 | $0 | 0 | $0 | $0 |