2003 High School Counselor Drive In Workshop

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Trends for College Students2007-08
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• Tuition and Fee Costs Averaged
• National WI WI
• 2006-07 2006-07 2007-08
• 2 Year Technical NA 2,610 2,762
• College Transfer NA 3,537 3,741
• 2 Year Public 2,272 4,530 4,740
• 4 Year Public 5,836 5,600 5,820 (est)
• 4 year Private 22,218 20,918 22,029
• Source UW System, UW Colleges, WAICU, WTCS,
  Trends in College Pricing 2006The College Board
• Eau Claire is the only UW 4-year with
  estimated prices published
• MATC Milwaukee, MATC Madison,
  Nicolet, Chippewa Valley have special College
  Transfer programs

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• Room and Board Costs in Dorm
  Averages
• National WI WI
• 2006-07 2006-07 2007-08
• 4 Year Public 6,960 4,701 4,828(est)
• 4 Year Private 8,149 6,245 6,525
• Source UW System, WAICU, WTCS, Trends in College
  Pricing 2006The College Board
• Eau Claire is the only UW 4 year with estimated
  prices published

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Wisconsin Borrower Average Indebtedness at
Graduation 2004-05 2005-06 4 Year Public
18,378 19,809 (all certified) 4 Year
Private 19,899 22,665 (all certified) 2 Year
Technical 6,659 7,255 (Stafford
only) NOTE both 4 Year figures include all
certified loans including PLUS Source UW System,
WAICU, WTCS, Trends in Student Aid 2006The
College Board
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Loan Default Rates 2002 2003 2004 WI
Average 3.5 3.0 2.7 Natl. Avg.
5.2 4.5 5.1 Source US Department of Education
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Wisconsin Financial Aid Facts

• UW System 4-year colleges (05/06)
• 105,512 UW System students received 828.8
  million in financial aid, averaging 7,854.
• Weighted average student costs for
  undergraduate, resident, living on campus was
  13,642 total, with 5,508 occurring in tuition
  fees and 3,442 occurring in Personal/Other
  expenses.
• Wisconsin Private Colleges and Universities
  (05/06)
• Average tuition fees 19,794, Average
  freshman financial aid package 14,269, Average
  net tuition 5,525 (students would incur
  additional expenses for room and board and
  books).
• Of the 325 million in grant aid, 15 was
  federal, 9 was state, 76 was
  institutional/private.
• 94 of full-time firstyear students
  received financial aid, the majority provided by
  the institutions themselves.
• Source UW System, WAICU

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Wisconsin Financial Aid Facts 2

• WTCS (05/06)
• 71,338 students enrolled at least half time
• 35,990 students received need-based aid from the
  FAFSA
• At least 20 of high school graduates in
  Wisconsin attend WI Technical colleges
  immediately after high school. Within 5 years of
  graduation, 40 of high school graduates enroll
  in the WI Technical College system.
• WTCS colleges serve 1 in 9 Wisconsin adults or
  roughly 460,000 each year in a variety of
  educational options primarily degree, technical
  diploma, certificates and customized training.
• 92 of WTCS students get jobs within 6 months of
  graduation.
• 86 of WTCS graduates live and work in
  Wisconsin.
• 97 of WTCS graduates are satisfied or very
  satisfied with their training.
• UW Colleges (05/06)
• More than half (52) of all financial aid is in
  the form of grants and scholarships
• Source WTCS, UW Colleges
• From the 2005-06 Graduate follow-up report

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Wisconsin Financial Aid Facts 3State support of
UW System budget dropped over 10 last 10
years.This transferred more of the cost to the
students. See next 2 slides.(Source Fact Book
2006-07 published by UW System)
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Wisconsin Financial Aid Facts 4 (Source Fact
Book 2006-07 published by UW System)
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Wisconsin Financial Aid Facts 5Tuition and Fee
Increases at select UW Schools
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• National Financial Aid Facts
• (Figures are from 2006-07. Increases from 2005-06
  to 2006-07.)
• On average, full-time students receive about
  9,000 of aid per year in the form of grants and
  tax benefits in private four-year institutions,
  3,100 in public four-year institutions, and
  2,200 in public two-year colleges.
• A quarter of all college students are enrolled
  part-time in two-year public colleges.
• Over one-third of first- and second-year college
  students have taken remedial courses. Math (77)
  was over twice as popular as Writing (35), with
  English (30) and Reading (28) close behind.
• Students take an average of 6.2 years to earn
  bachelors degrees in public colleges and 5.3
  years to earn bachelors degrees in private
  colleges.
• Source Trends in Student Aid 2006The College
  Board

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• National Financial Aid Facts 2
• (Figures are from 2006-07. Increases from 2005-06
  to 2006-07.)
• Increases from 2005-06 to 2006-07 for average
  tuition and fees
• Four-year public increased 6.3
• Two-year public increased 4.1
• Four-year private increased 5.9
• Reductions in revenue from sources other than
  tuition, particularly state and local
  appropriations in the public sector, are
  associated with rapidly rising public college
  tuition levels in recent years. Note
  prior slides on Wisconsin
• Source Trends in Student Aid 2006The College
  Board

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Alternative Loan Volume Continues to
MushroomThough these are national figures,
Wisconsin numbers continue to climb as
well.(Source College Board, Trends in Student
Aid)
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• The medians show it is still worth going to
  college!
• Data are 2006 annual averages for persons 25 and
  over. Earnings are for full-time wage and salary
  workers. Source Bureau of Labor Statistics,
  Current Population Survey, as of May 29, 2007.

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Agreements between Wisconsin Schools

• See http//www.uwsa.edu/tis/resources/ga/index.sht
  ml to link to either
• WTCS (Wisconsin Technical College System) or
  UW-Colleges transfer information to
  UW-Universities.
• Wisconsin Technical College students can take
  advantage of over 500 transfer agreements between
  UW and WTCS campuses. These agreements permit
  occupational courses in specific degree programs
  to transfer into a UW major.
• UW-Colleges transfer guides list courses, grade
  point, and other requirements for your intended
  major at the transfer school. Use the links to be
  "on track" in your major when transferring to
  another UW campus. If the campus you're
  interested in has not developed a guide for your
  intended major, please contact the admissions
  transfer office with questions related to your
  transfer.
• See http//www.uwc.edu/transfer/guarantee.asp
  for information on transferring from UW-Colleges
  to UW-Universities thru the Guaranteed Transfer
  Program.

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