Tuition for Wisconsin residents attending Lakeshore Technical College rose by 1.7% during the 2022-23 school year, based on the latest figures released, according to the latest disclosure from the National Center for Education Statistics.
This year, Wisconsin students paid $4,562 to attend the two-year public college, which is $78 higher than the $4,484 charged in the 2021-22 academic year.
Non-resident students faced tuition costs 47.2% above those for residents in the 2022-23 school year, amounting to $6,713. This represents a 1.7% increase from the $6,599 charged in the previous year.
Approximately 98% of the undergraduate student body at Lakeshore Technical College are Wisconsin residents, while about 2% come from other states.
Data indicates that 75% of full-time undergraduates who enrolled in the 2022-23 school year received some form of student financial aid. Among them, 88 students were awarded grants or scholarships totaling $521,159, and 34 students obtained student loans exceeding $120,178.
Overall, 871 undergraduates benefited from grants or scholarships totaling $4.5 million, and an additional 402 students borrowed $1.4 million in federal student loans.
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.
Available data sometimes exceeds 100% due to rounding and administrative calculations.
| Type of Aid | Number of students awarded aid | Percent awarded aid | Total amount of aid awarded | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 68 | 50% | $388,777 | $5,717 |
| State / local grant or scholarship | 58 | 43% | $89,130 | $1,537 |
| Institutional grants or scholarships | 39 | 29% | $43,252 | $1,109 |
| Grant or scholarship aid total | 88 | 65% | $521,159 | $5,922 |
| Federal student loans | 33 | 24% | $102,499 | $3,106 |
| Other student loans | 0 | 1% | $0 | $0 |
| Student loan aid | 34 | 25% | $120,178 | $3,535 |
| Total student aid | 101 | 75% | $641,337 | $6,349 |
