Dr. Miguel Cardona (left), Secretary of Education and Cindy Marten, Deputy Secretary | https://www2.ed.gov/news/staff/bios/index.html
Dr. Miguel Cardona (left), Secretary of Education and Cindy Marten, Deputy Secretary | https://www2.ed.gov/news/staff/bios/index.html
Data shows that students paid $15,436 on average to attend higher education courses at the time, $404 more than the previous school year.
Among the four institutions in the county, Miller-Motte College-Conway stood out with the highest tuition fees, reaching an average of $25,240. Coastal Carolina University followed with an average of $23,214 per year. Horry-Georgetown Technical College students were offered the lowest annual tuition fees at $5,796.
At the time, a total of $29.2 million in grants or scholarships were awarded to full-time undergraduates who started at the Horry County universities in the 2022-23 school year. Additionally, federal student loans reached $20.5 million.
Currently there are four higher education institutions in Horry County, including Horry-Georgetown Technical College, Strand College of Hair Design, and Miller-Motte College-Conway.
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 |
---|---|---|---|---|---|---|
Coastal Carolina University | 2,321 | $23,067,904 | $9,939 | 1,698 | $19,065,438 | $11,228 |
Miller-Motte College-Conway | 74 | $463,617 | $6,265 | 32 | $284,357 | $8,886 |
Horry-Georgetown Technical College | 730 | $5,412,680 | $7,415 | 157 | $875,186 | $5,574 |
Strand College of Hair Design | 65 | $255,384 | $3,929 | 63 | $279,611 | $4,438 |