At $25,634/yr net price, Edgewood College graduates earn $59,728/yr within 10 years of enrollment, which is $25,728/yr above the median for high school graduates.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $25,634 |
| Estimated 4-Year Cost | $102,536 |
| Median Earnings (10yr post-entry) | $59,728/yr |
| Earnings Premium vs. HS Diploma | +$25,728/yr |
| Estimated Break-Even | 4 years |
| Graduation Rate (6-year) | 67.4% |
| Median Debt at Graduation | $24,424 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $20,926/yr |
| $30,001 - $48,000 | $21,345/yr |
| $48,001 - $75,000 | $20,806/yr |
| $75,001 - $110,000 | $26,982/yr |
| $110,001+ | $29,049/yr |
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Business Administration, Management and Operations. | Master | $94,408 | $49,409 |
| Educational Administration and Supervision. | Doctoral | $84,599 | $58,153 |
| Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. | Bachelor | $65,812 | $21,000 |
| Accounting and Related Services. | Master | $61,020 | |
| Computer and Information Sciences, General. | Bachelor | $55,512 | |
| Human Resources Management and Services. | Bachelor | $51,482 | |
| Teaching English or French as a Second or Foreign Language. | Master | $47,260 | $30,204 |
| Education, General. | Master | $46,478 | $31,590 |
| Business Administration, Management and Operations. | Bachelor | $44,091 | |
| Mental and Social Health Services and Allied Professions. | Master | $42,682 | $41,000 |
The Risk Factor
67.4% of students at Edgewood College graduate within 6 years. A significant share of students finish, but roughly 33% do not complete their degree.
Analysis
Edgewood College delivers mixed financial returns, with strong outcomes for business majors but weaker prospects across most other programs. The $25,634 annual net price leads to median earnings of $59,728 after ten years, making this a borderline investment for many students.
Business Administration majors see the strongest returns at $94,408 annually, though they carry higher debt loads at $49,409. Educational Administration graduates earn $84,599 but accumulate $58,153 in debt, reflecting the advanced degrees required for these administrative roles. Nursing provides solid middle-ground returns at $65,812 with manageable $21,000 debt levels.
The 67% graduation rate creates significant risk for your investment. Nearly one-third of students leave without completing their degree while still carrying debt. The 75% retention rate suggests academic or financial struggles cause many students to transfer or drop out after freshman year.
You should consider Edgewood if you plan to study business, nursing, or education and can handle the private school price tag. The Madison location provides access to Wisconsin's government jobs and growing healthcare sector. However, if you're considering liberal arts majors or have limited financial resources, state universities offer better value propositions.
Only 23% of students receive need-based aid, indicating limited financial assistance for middle-income families. Merit scholarships exist but competition remains fierce given the small student body. Your best cost strategy involves completing your degree in four years and leveraging internship opportunities in Madison's professional market.
Frequently Asked Questions
Is Edgewood College worth the cost?
Edgewood College graduates earn a median of $59,728 ten years after graduation, which is modest given the $25,634 annual net price. The return depends heavily on your program choice, with business and education administration showing much stronger earnings than the overall average.
What are the best paying majors at Edgewood College?
Business Administration leads at $94,408 median earnings, followed by Educational Administration at $84,599. Nursing, accounting, and computer science programs show more moderate returns between $55,512-$65,812.
How much student debt do Edgewood College graduates have?
The median debt is $24,424, which is manageable compared to many private colleges. However, with 10-year earnings at $59,728, graduates should expect a significant portion of early career income going to loan payments.
Does Edgewood College have good job placement rates?
The 67% graduation rate suggests about one-third of students don't finish their degree. The 98% acceptance rate indicates minimal selectivity, which can affect the school's reputation with employers compared to more competitive institutions.