Dr. George Grant Jr President at Saginaw Valley State University | Saginaw Valley State University
Dr. George Grant Jr President at Saginaw Valley State University | Saginaw Valley State University
Data shows that students paid $12,453 on average to attend higher education courses at the time, $576 more than the previous school year.
Among the three institutions in the county, Dorsey College-Saginaw stood out with the highest tuition fees, reaching an average of $31,680. Ross Medical Education Center-Saginaw followed with an average of $16,297 per year. Saginaw Valley State University students were offered the lowest annual tuition fees at $11,877.
At the time, a total of $13.2 million in grants or scholarships were awarded to full-time undergraduates who started at the Saginaw County universities in the 2022-23 school year. Additionally, federal student loans reached $5.9 million.
Currently there are three higher education institutions in Saginaw County, including Saginaw Valley State University, Dorsey College-Saginaw, and Ross Medical Education Center-Saginaw.
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 |
|---|---|---|---|---|---|---|
| Ross Medical Education Center-Saginaw | 56 | $310,277 | $5,541 | 61 | $627,755 | $10,291 |
| Saginaw Valley State University | 1,297 | $12,465,762 | $9,611 | 743 | $4,566,711 | $6,146 |
| Dorsey College-Saginaw | 49 | $418,291 | $8,537 | 49 | $678,601 | $13,849 |
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