Dr. Jack E. Daniels III, President | Madison Area Technical College
Dr. Jack E. Daniels III, President | Madison Area Technical College
Data shows that students paid $20,261 on average to attend higher education courses at the time, $299 more than the previous school year.
Among the eight institutions in the county, Edgewood College stood out with the highest tuition fees, reaching an average of $33,550. The University of Wisconsin-Madison followed with an average of $25,748 per year. Madison Area Technical College students were offered the lowest annual tuition fees at $4,674.
At the time, a total of $55 million in grants or scholarships were awarded to full-time undergraduates who started at the Dane County universities in the 2022-23 school year. Additionally, federal student loans reached $23.2 million.
Currently there are eight higher education institutions in Dane County, including Paul Mitchell the School-Madison, East-West Healing Arts Institute, and Herzing University-Madison.
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 |
---|---|---|---|---|---|---|
Edgewood College | 236 | $5,157,106 | $21,852 | 170 | $1,432,319 | $8,425 |
University of Wisconsin-Madison | 4,193 | $47,589,196 | $11,350 | 2,199 | $19,925,011 | $9,061 |
Aveda Institute-Madison | 15 | $107,296 | $7,153 | 29 | $244,046 | $8,415 |
East-West Healing Arts Institute | 13 | $60,532 | $4,656 | 20 | $135,929 | $6,796 |
Paul Mitchell the School-Madison | 7 | $30,902 | $4,415 | 7 | $50,300 | $7,186 |
Madison Area Technical College | 287 | $1,559,505 | $5,434 | 148 | $910,259 | $6,150 |
Herzing University-Madison | 74 | $457,154 | $6,178 | 56 | $441,644 | $7,887 |
Academy of Beauty Professionals | 9 | $41,220 | $4,580 | 10 | $57,995 | $5,800 |