Noted: The University of Wisconsin-Madison (UW-Madison) is not raising tuition for resident undergraduate students this upcoming school year, but it will raise tuition for nonresident undergraduate students 2%.
In-state tuition and fees at UW-Madison is $10,766, while out-of-state tuition and fees was $38,654 and will now be $39,354, according to the UW-Madison website.
UW-Madison’s average student debt for 2021-22 was $26,513, according to the University’s 2021-22 budget report. John Lucas, UW-Madison media spokesperson, said despite this number, almost 60% of students did not take out any loans.
“Only 40.3% of undergraduate students borrowed while attending UW-Madison, continuing a six-year trend where well over half of graduating seniors did not borrow loans while earning their degree at UW-Madison,” Lucas said.