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Wednesday, November 20, 2024

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

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Average tuition fees rose 2.3% for college students in New Jersey in the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.

Data shows that students paid $16,982 on average to attend higher education courses at the time, $382 more than the previous school year.

Among the 136 institutions providing full disclosure in the state, Stevens Institute of Technology stood out with the highest tuition fees, reaching an average of $58,624. Princeton University followed with an average of $57,410 per year. Best Care College students were offered the lowest annual tuition fees at $1,046.

Currently there are 141 higher education institutions in New Jersey.

At the time, at least $652.4 million in grants or scholarships were awarded to full-time undergraduates who started college in New Jersey. Additionally, federal student loans reached more than $218.3 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.

Of the 141 institutions in New Jersey, five did not provide detailed data on tuition fees, including Capital Health School of Radiologic Technology, Beth Medrash Govoha, and Eastern School of Acupuncture and Traditional Medicine.

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

Average Tuition Fees in New Jersey Universities in 2022-23 School Year

InstitutionAverage Tuition FeesTotal Enrollment
Stevens Institute of Technology$58,6244,070
Princeton University$57,4105,604
Seton Hall University$48,9606,012
Drew University$44,1741,513
Monmouth University$43,2163,811
Saint Peter's University$39,8902,071
Universal Technical Institute-Bloomfield$39,1001,125
Caldwell University$38,0501,605
Rider University$37,2003,169
Felician University$36,4101,746
Centenary University$35,9341,026
American Institute of Medical Sciences & Education$35,525251
Georgian Court University$35,5161,471
Jersey College$35,2403,379
Saint Elizabeth University$34,930737
Lincoln Technical Institute-South Plainfield$34,442339
Fairleigh Dickinson University-Metropolitan Campus$34,4045,380
Fairleigh Dickinson University-Florham Campus$34,4042,053
Medical Career Institute$33,500142
Bloomfield College$30,6801,152
Lincoln Technical Institute-Moorestown$30,133675
Lincoln Technical Institute-Paramus$30,050600
Lincoln Technical Institute-Iselin$30,050548
Berkeley College-Woodland Park$28,6001,944
Prism Career Institute-West Atlantic City$27,065220
Prism Career Institute-Cherry Hill$27,065264
Lincoln Technical Institute-Mahwah$26,897861
Lincoln Technical Institute-Union$26,8971,625
JFK Muhlenberg Harold B. and Dorothy A. Snyder Schools$24,916582
P C Age-Jersey City$23,790150
PC AGE-Metropark$23,79033
Pillar College$23,668462
Holy Name Medical Center-Sister Claire Tynan School of Nursing$22,895191
Universal Training Institute$22,500104
Hohokus School of Trade and Technical Sciences$20,46582
Shore Beauty School$20,02580
Parisian Beauty School$19,960454
New Jersey Institute of Technology$19,5419,019
Robert Fiance Beauty Schools-North Plainfield$19,511178
Robert Fiance Beauty Schools-West New York$19,500264
American Institute-Cherry Hill$19,495282
American Institute-Toms River$19,495397
American Institute-Clifton$19,495760
American Institute-Somerset$19,495322
P B Cosmetology Education Center$19,200135
Pennco Tech-Blackwood$18,750886
The College of New Jersey$18,6187,039
Rizzieri Aveda School for Beauty and Wellness$18,550360
Eastern International College-Jersey City$18,046387
Rutgers University-New Brunswick$17,78636,344
Empire Beauty School-Cherry Hill$17,52086
DeVry University-New Jersey$17,48888
Eastwick College-Hackensack$17,424562
Rutgers University-Camden$17,3764,185
Eastwick College-Ramsey$17,166719
Artistic Academy of Hair Design$16,800102
Aviation Institute of Maintenance-Teterboro$16,757368
Empire Beauty School-Bloomfield$16,32094
Empire Beauty School-Union$16,32083
Fortis Institute-Wayne$16,264365
Cutting Edge Academy$16,13584
Fortis Institute-Lawrenceville$16,132244
Rutgers University-Newark$16,0217,511
Healthcare Training Institute$16,00069
Ramapo College of New Jersey$15,8744,932
Garden State Science and Technology Institute$15,471224
Rowan University$15,42615,231
Stockton University$15,4228,138
Eastwick College-Nutley$15,327415
Mobile Technical Training$15,30027
William Paterson University of New Jersey$15,1756,604
Total Image Beauty Academy$15,132197
Christine Valmy International School of Esthetics & Cosmetology$14,525279
Talmudical Academy-New Jersey$14,30073
Montclair State University$14,11417,290
New Jersey City University$13,9924,895
Yeshiva Gedola Tiferes Yaakov Yitzchok$13,70068
Adult and Continuing Education-BCTS$13,63576
Strayer University-New Jersey$13,515474
Kean University$13,20510,845
Rabbinical College of America$13,000194
Yeshiva Toras Chaim$12,750213
Innovate Salon Academy$12,726174
Innovate Salon Academy$12,726207
Rabbi Jacob Joseph School$12,70095
Yeshiva Yesodei Hatorah$12,50067
Seminary Bnos Chaim$12,350200
Yeshiva Chemdas Hatorah$12,15081
Beth Medrash of Asbury Park$12,01098
Bais Medrash Mayan Hatorah$12,00034
Morris County Vocational School District$11,97031
Center for the Healing Arts$11,85029
ASI Career Institute$11,50049
Yeshivas Be'er Yitzchok$11,45059
Advantage Career Institute$11,364100
Yeshiva Gedolah Zichron Leyma$11,35040
Keser Torah-Mayan Hatalmud$11,06054
UCNJ Union College of Union County, NJ$10,5627,796
Ocean County Vocational-Technical School$10,262452
County College of Morris$10,2605,838
MCVSD$10,00047
Pro Beauty Academy$9,950152
Yeshiva Bais Aharon$9,95012
National Career Institute$9,900119
Yeshiva Gedolah Tiferes Boruch$9,85069
Yeshivas Emek Hatorah$9,75093
Yeshiva Gedolah Shaarei Shmuel$9,720126
Yeshiva Gedolah Keren Hatorah$9,550186
Yeshiva Gedola Tiferes Yerachmiel$9,400178
Essex County College$9,1416,466
Brookdale Community College$8,9569,896
Yeshiva Gedolah of Woodlake Village$8,85082
New Community Career & Technical Institute$8,61022
Yeshiva Gedolah of Cliffwood$8,55072
Rabbinical Seminary Mkor Chaim$8,45072
Bergen Community College$8,44211,192
Hudson County Community College$8,4246,683
Bais Medrash Toras Chesed$7,800110
Thomas Edison State University$7,3727,358
Passaic County Community College$7,3505,119
Salem Community College$7,3431,111
Raritan Valley Community College$7,2966,321
Sussex County Community College$7,2842,181
Middlesex College$6,8769,736
Mercer County Community College$6,2945,821
Ocean County College$5,8137,186
Assumption College for Sisters$5,77333
Rowan College of South Jersey-Cumberland Campus$5,6402,426
Rowan College of South Jersey-Gloucester Campus$5,6405,441
Union County Vocational Technical School$5,500108
Warren County Community College$5,4963,386
Atlantic Cape Community College$5,4724,278
Rowan College at Burlington County$5,2846,180
Burlington County Institute of Technology-Adult Education$4,880247
Camden County College$3,7447,770
Best Care College$1,04625

ORGANIZATIONS IN THIS STORY

Stockton UniversityBloomfield CollegePrism Career Institute-West Atlantic CitySt. Francis Medical Center School of Radiologic TechnologyBest Care CollegeRamapo College of New JerseyYeshiva Gedola Tiferes YerachmielRowan UniversityTalmudical Academy-New JerseyAdvantage Career InstituteCutting Edge AcademyBnos Chaim SeminaryMorris County Vocational School DistrictArtistic Academy of Hair DesignThe College of New JerseyGarden State Science And Technology InstituteJFK Muhlenberg Harold B & Dorothy A Snyder Schools-School of NursingYeshiva Gedolah of Woodlake VillageUnion County Vocational Technical SchoolRowan College At Gloucester CountyTotal Image Beauty AcademyAmerican Institute-CliftonHohokus School of Trade and Technical SciencesBergen Community CollegeLincoln Technical Institute-South PlainfieldEastern International College-Jersey CityBerkeley College-Woodland ParkRutgers University - CamdenPassaic County Community CollegeEmpire Beauty School-Cherry HillCamden County CollegeAmerican Institute-Cherry HillEmpire Beauty School-BloomfieldCumberland County CollegeNew Community Workforce Development CenterPillar CollegeMobile Technical TrainingEastwick College-NutleyYeshiva Gedolah Keren HatorahRutgers University - New BrunswickRobert Fiance Beauty Schools-North PlainfieldBeth Medrash GovohaPennco Tech-BlackwoodBais Medrash Toras ChesedMercer County Community CollegeAmerican Institute-SomersetStrayer University-New JerseyEastern School of Acupuncture and Traditional MedicineLincoln Technical Institute-MoorestownFairleigh Dickinson University-Florham CampusRabbinical College of AmericaBrookdale Community CollegeEastwick College-HackensackLincoln Technical Institute-UnionSussex County Community CollegeThomas Edison State UniversityOcean County CollegePrism Career Institute-Cherry HillOcean County Vocational-Technical SchoolSeton Hall UniversityYeshiva Gedolah Shaarei ShmuelAtlantic Cape Community CollegeInnovate Salon AcademyCollege of Saint ElizabethYeshiva Yesodei HatorahBais Medrash Mayan HatorahDevry University-New JerseyMiddlesex County CollegeWilliam Paterson University of New JerseyYeshiva Gedolah Zichron LeymaRobert Fiance Beauty Schools-West New YorkCounty College of MorrisAmerican Institute of Alternative MedicineAsi Career InstitutePro Beauty AcademyAdult And Continuing Education-BctsNew Jersey City UniversityLincoln Technical Institute-MahwahJersey CollegeAssumption College for SistersLincoln Technical Institute-ParamusHealthcare Training InstituteUnion County CollegeP B Cosmetology Education CenterLincoln Technical Institute-IselinEastwick College-RamseyAmerican Institute-Toms RiverSalem Community CollegeAmerican Institute of Medical Sciences & EducationYeshiva Gedolah of CliffwoodSaint Peter's UniversityRizzieri InstituteStevens Institute of TechnologyRowan College At Burlington CountyRutgers University-NewarkYeshiva Toras ChaimRaritan Valley Community CollegeSaint Francis Medical Center School of NursingEmpire Beauty School-UnionAtlantic Beauty & Spa Academy LlcYeshiva Bais AharonMontclair State UniversityBeth Medrash of Asbury ParkFortis Institute-WayneYeshivas Be'Er YitzchokKeser Torah-Mayan HatalmudUniversal Technical Institute-BloomfieldPrinceton UniversityTeterboro School Of AeronauticsGeorgian Court UniversityFortis Institute-LawrencevilleCaldwell UniversityChristine Valmy International School Of Esthetics & CosmetologyRizzieri Aveda School for Beauty and WellnessHudson County Community CollegeWarren County Community CollegeBurlington County Institute of Technology-Adult EducationRabbinical Seminary Mkor ChaimYeshiva Chemdas HatorahNew Jersey Institute Of TechnologyInnovate Salon AcademyRabbi Jacob Joseph SchoolParisian Beauty SchoolKean UniversityMonmouth County Vocational School DistrictFairleigh Dickinson University-Metropolitan CampusP C Age-Jersey CityCentenary UniversityMedical Career InstituteEssex County CollegeUniversal Training InstituteFelician UniversityYeshiva Gedolah Tiferes BoruchYeshiva Gedola Tiferes Yaakov YitzchokHoly Name Medical Center School Of NursingYeshivas Emek HatorahPc Age-MetroparkNational Career InstituteDrew UniversityMonmouth University

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