Average cost of college went down for students in Ocean County in 2022-23 school year

Average cost of college went down for students in Ocean County in 2022-23 school year
Dr. Miguel Cardona (left), Secretary of Education and Cindy Marten, Deputy Secretary — https://www2.ed.gov/news/staff/bios/index.html
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College tuition fees fell 0.3% in Ocean County in the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.

Data shows that students paid $11,139 on average to attend higher education courses at the time, less than the $33 charged for the previous school year.

Among the 19 institutions providing full disclosure in the county, Georgian Court University stood out with the highest tuition fees, reaching an average of $35,516. American Institute-Toms River followed with an average of $19,495 per year. Ocean County College students were offered the lowest annual tuition fees at $5,813.

At the time, at least $14 million in grants or scholarships were awarded to full-time undergraduates who started at the Ocean County universities in the 2022-23 school year. Additionally, federal student loans reached more than $3 million.

Currently there are 20 higher education institutions in Ocean County, including Keser Torah-Mayan Hatalmud, Bais Medrash Toras Chesed, and Georgian Court 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.

Of the 20 institutions in Ocean County, Beth Medrash Govoha did not provide detailed data on tuition fees.

Available data sometimes exceeds 100% due to rounding and administrative calculations.

Total Student Aid in Ocean County Universities in 2022-23 School Year

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
Yeshiva Bais Aharon 0 $0 $0 0 $0 $0
Beth Medrash of Asbury Park 21 $170,169 $8,103 0 $0 $0
Yeshiva Gedolah Keren Hatorah 41 $292,288 $7,129 0 $0 $0
Bais Medrash Mayan Hatorah 8 $53,158 $6,645 0 $0 $0
Yeshiva Gedolah of Woodlake Village 27 $147,183 $5,451 0 $0 $0
Ocean County College 654 $3,818,575 $5,839 78 $404,345 $5,184
Ocean County Vocational-Technical School 126 $556,729 $4,418 71 $516,997 $7,282
Yeshiva Chemdas Hatorah 14 $145,723 $10,409 0 $0 $0
Bais Medrash Toras Chesed 23 $142,972 $6,216 0 $0 $0
Yeshiva Gedolah Shaarei Shmuel 51 $355,289 $6,966 0 $0 $0
Yeshiva Toras Chaim 56 $853,232 $15,236 0 $0 $0
Seminary Bnos Chaim 113 $759,826 $6,724 0 $0 $0
Keser Torah-Mayan Hatalmud 8 $39,138 $4,892 0 $0 $0
American Institute-Toms River 121 $683,847 $5,652 133 $1,223,431 $9,199
Georgian Court University 195 $5,399,260 $27,689 96 $847,879 $8,832
Beth Medrash Govoha
Yeshiva Gedola Tiferes Yaakov Yitzchok 17 $141,163 $8,304 0 $0 $0
Rabbinical Seminary Mkor Chaim 24 $208,924 $8,705 0 $0 $0
Yeshiva Yesodei Hatorah 23 $161,923 $7,040 0 $0 $0
Yeshiva Gedola Tiferes Yerachmiel 19 $110,473 $5,814 0 $0 $0


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