Wray Wade Owner/President | Texas State Directory Press
Wray Wade Owner/President | Texas State Directory Press
Data shows that students paid $16,061 on average to attend higher education courses at the time, $381 more than the previous school year.
Among the three institutions in the county, LeTourneau University stood out with the highest tuition fees, reaching an average of $34,470. Barber Institute of Texas followed with an average of $23,025 per year. Kilgore College students were offered the lowest annual tuition fees at $4,092.
At the time, a total of $10.9 million in grants or scholarships were awarded to full-time undergraduates who started at the Gregg County universities in the 2022-23 school year. Additionally, federal student loans reached $3.2 million.
Currently there are three higher education institutions in Gregg County, including Kilgore College, Barber Institute of Texas, and LeTourneau 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 |
---|---|---|---|---|---|---|
Kilgore College | 723 | $4,201,883 | $5,812 | 114 | $645,187 | $5,660 |
LeTourneau University | 296 | $6,327,062 | $21,375 | 176 | $2,002,225 | $11,376 |
Barber Institute of Texas | 65 | $402,675 | $6,195 | 65 | $585,000 | $9,000 |