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 gives you a moderate financial return. Your median debt at graduation stays below one year's median earnings, which keeps repayment manageable for most graduates. The 67% graduation rate and 75% retention rate mean the risk of paying tuition without finishing a degree is real but not extreme.
Nursing is the clear payoff here. It pays the most of any program while carrying the lowest debt load, so you leave with strong earnings and a smaller balance to repay. Computer and information sciences and human resources management also clear the median earnings mark comfortably. Business administration and communication sit at the bottom. Communication graduates earn the least while carrying more debt than nursing graduates, so that combination is the weakest financial bet on campus. If your interest is business or communication, know that the earnings will not match what Madison's nursing and tech employers pay.
The main financial risk is completion. One in four students does not return after the first year, and if you fall into that group you carry cost without the degree that pays it back. Choose a program with earnings that justify the roughly $26k annual net price before you commit.
The net price tiers reward lower-income families. If your family earns under $75k, you pay around $21k per year, and that figure barely moves across those brackets. Above $75k, the price jumps and keeps climbing past $110k, so middle and upper-income families absorb close to the full sticker.
Edgewood is a good fit if you plan to enter nursing or a computing field and qualify for the lower-income aid tiers. If you want a business or communication degree and your family pays the top-tier price, run the numbers hard before enrolling.
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.