Cost of education increases for all Massachusetts College of Liberal Arts students in 2022-23 school year

James F. Birge, Ph.D., President - Massachusetts College of Liberal Arts
James F. Birge, Ph.D., President - Massachusetts College of Liberal Arts
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The Massachusetts College of Liberal Arts reported a 2.5% rise in in-state tuition fees for the 2022-23 school year, based on the most recent disclosure, according to the latest disclosure from the National Center for Education Statistics.

Massachusetts residents paid $11,590 to attend the public four-year college this year, an increase of $157 from the $11,433 charged during the 2021-22 academic year.

Non-resident students faced tuition costs 77.2% higher than in-state students for the 2022-23 year, paying $20,535. This represents a 0.8% increase from the $20,378 tuition fee in the previous year.

Approximately 55% of the undergraduate student body at the college are Massachusetts residents, while the remaining 45% come from other states.

All full-time undergraduates who enrolled at the Massachusetts College of Liberal Arts in 2022-23 received some form of financial aid. Specifically, 176 students were awarded grants or scholarships totaling $1.7 million, and 171 students obtained student loans exceeding $1.2 million.

Across the entire undergraduate population, 692 students benefited from grants or scholarships amounting to $6.4 million. Additionally, 507 students borrowed a total of $4 million in federal student loans.

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.

Undergraduate Financial Aid

The following data includes only full-time students who began an undergraduate program at the Massachusetts College of Liberal Arts in the 2022-23 school year.

Type of Aid Number of students awarded aid Percent awarded aid Total amount of aid awarded Average amount of aid per student
Federal grants 81 46% $652,812 $8,059
State / local grant or scholarship 71 40% $325,807 $4,589
Institutional grants or scholarships 172 97% $712,093 $4,140
Grant or scholarship aid total 176 99% $1.7 million $9,606
Federal student loans 171 97% $944,985 $5,526
Other student loans 24 14% $250,018 $10,417
Student loan aid 171 97% $1.2 million $6,988
Total student aid 177 100% $2.9 million $16,303

Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.



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