Dr. Miguel A. Cardona Secretary of Education | Official website
Dr. Miguel A. Cardona Secretary of Education | Official website
Data shows that students paid $6,168 on average to attend higher education courses at the time, $43 more than the previous school year.
Among the four institutions in the county, Cosmetology Academy of Texarkana stood out with the highest tuition fees, reaching an average of $12,600. Tonsorial Arts Barber College followed with an average of $12,125 per year. Texarkana College students were offered the lowest annual tuition fees at $4,157.
At the time, a total of $4 million in grants or scholarships were awarded to full-time undergraduates who started at the Bowie County universities in the 2022-23 school year. Additionally, federal student loans reached $1.7 million.
Currently there are four higher education institutions in Bowie County, including Texas A&M University-Texarkana, Tonsorial Arts Barber College, and Cosmetology Academy of Texarkana.
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 |
---|---|---|---|---|---|---|
Cosmetology Academy of Texarkana | 46 | $254,082 | $5,524 | 47 | $353,127 | $7,513 |
Texarkana College | 201 | $1,220,883 | $6,074 | 38 | $197,533 | $5,198 |
Tonsorial Arts Barber College | 35 | $222,190 | $6,348 | 35 | $306,500 | $8,757 |
Texas A&M University-Texarkana | 257 | $2,344,323 | $9,122 | 133 | $834,546 | $6,275 |