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Milwaukee City Wire

Thursday, November 21, 2024

Average cost of college went up for students in Milwaukee County in 2022-23 school year

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Dr. Miguel A. Cardona Secretary of Education | Official website

Dr. Miguel A. Cardona Secretary of Education | Official website

College tuition fees rose 1.8% in Milwaukee County in the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.

Data shows that students paid $19,358 on average to attend higher education courses at the time, $333 more than the previous school year.

Among the 14 institutions providing full disclosure in the county, Marquette University stood out with the highest tuition fees, reaching an average of $46,670. Milwaukee School of Engineering followed with an average of $46,506 per year. Milwaukee Area Technical College students were offered the lowest annual tuition fees at $4,889.

At the time, at least $129 million in grants or scholarships were awarded to full-time undergraduates who started at the Milwaukee County universities in the 2022-23 school year. Additionally, federal student loans reached more than $32.1 million.

Currently there are 15 higher education institutions in Milwaukee County, including Paul Mitchell the School-Milwaukee, Milwaukee Career College, and Milwaukee School of Engineering.

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 15 institutions in Milwaukee County, University of Wisconsin-Milwaukee Flex did not provide detailed data on tuition fees.

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

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

InstitutionNumber of Students Receiving GrantsTotal Amount of Grants ReceivedAverage Amount of Grant Per StudentNumber of Students Receiving LoansTotal Amount of Loans ReceivedAverage Amount of Loans Per Student
Paul Mitchell the School-Milwaukee7$38,743$5,5357$55,103$7,872
Milwaukee Career College125$550,187$4,401125$744,875$5,959
Empire Beauty School-Milwaukee79$324,093$4,10281$529,122$6,532
Marquette University1,975$62,573,412$31,683893$8,500,290$9,519
Wisconsin Lutheran College309$7,453,556$24,122218$1,725,695$7,916
VICI Beauty School50$213,241$4,26560$359,113$5,985
Mount Mary University155$4,345,147$28,033150$871,001$5,807
Alverno College133$3,540,034$26,61764$341,345$5,334
The Institute of Beauty and Wellness38$201,714$5,30862$487,289$7,860
University of Wisconsin-Milwaukee Flex------------
University of Wisconsin-Milwaukee2,692$14,279,985$5,3051,573$11,456,575$7,283
Bryant & Stratton College-Wauwatosa122$1,298,170$10,64194$574,930$6,116
Milwaukee Area Technical College688$5,624,663$8,175286$1,530,454$5,351
Milwaukee School of Engineering672$23,125,156$34,412459$3,200,012$6,972
Milwaukee Institute of Art & Design221$5,437,647$24,605186$1,694,589$9,111

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