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Can You Really Afford Wayne State College?

This overview lays out the cost of attending Wayne State College, covering the cost range, projected degree costs, net price, debt at graduation, default rates, and aid distribution patterns.

$21,310.00 Cost of Attendance
$15,360.00 Avg Net Price
$12,240.00 Median Grad Debt

If you want to dig into a particular figure, jump to any section below:

The Cost of Attending Wayne State College?

Published attendance costs at Wayne State College amounts to about $21,310.00 per year.

Below, the published cost is shown three ways — the full sticker price with no aid, the net price after the average grant package, and the net price for low-income students who typically receive the most aid.

What It Costs Students (no aid)

Tuition and fees $8,216.00
+ Room, board & other expenses $13,094.00
Total cost $21,310.00
That is 11% above the national average net price.

Net Price for Students (with average aid)

Total cost $21,310.00
− Grants and scholarships −$7,205.00
Net price $14,105.00
That is 27% below the national average net price.

Low-Income Net Price for Undergraduates

Total cost $21,310.00
− Grants and scholarships −$9,721.00
Net price $11,589.00
That is 40% below the national average net price.
For the full breakdown, see tuition and fees plus room and board.

What a Full Degree Could Cost at Wayne State College

The reported cost series has been increasing at a recent average of 2.6% a year, so a full degree will cost more than a single year — the tables below carry that forward. These tables carry the cost across a degree for three cases: low-income w/ aid, average aid, and no aid. Loan figures amortise the projected total over ten years at 6.8%.

Projected 4-year net costs Low Income w/ Aid w/ Average Aid No Aid
Annual growth rate 2.6% 2.6% 2.6%
Freshman year $11,885.00 $14,465.00 $21,854.00
Senior year $12,818.00 $15,601.00 $23,570.00
Total 4-year net price $49,390.00 $60,112.00 $90,818.00
10-year loan interest @ 6.8% $18,816.00 $22,901.00 $34,598.00
Total monthly payment $568.00 $692.00 $1,045.00
Total amount paid $68,205.00 $83,013.00 $125,417.00
Projected 2-year net costs Low Income w/ Aid w/ Average Aid No Aid
Annual growth rate 2.6% 2.6% 2.6%
Freshman year $11,885.00 $14,465.00 $21,854.00
Senior year $12,188.00 $14,834.00 $22,411.00
Total 2-year net price $24,073.00 $29,299.00 $44,265.00
10-year loan interest @ 6.8% $9,171.00 $11,162.00 $16,863.00
Total monthly payment $277.00 $337.00 $509.00
Total amount paid $33,244.00 $40,461.00 $61,129.00

See the full net-price breakdown in the net price section below.

Net Price at Wayne State College

The net price figure shows the cost after grants and scholarships are deducted. It is usually a better planning number than the sticker cost above.

Average net price (on-campus) $15,360.00
Average net price (off-campus) $15,108.00

Net price is not the same for every family — it falls as financial need rises and grant aid increases. The figures below give average net price by income bracket:

Family income Average net price
Under $30,000 $11,461.00
$30,000 to $48,000 $11,502.00
$48,001 to $75,000 $14,607.00
$75,001 to $110,000 $17,749.00
Over $110,000 $17,721.00

For a personalized estimate, try the Wayne State College Net Price Calculator, or visit the financial aid office.

Want to know how that aid is awarded? See the financial aid breakdown.

Borrowing and Debt at Wayne State College

Median graduate debt at Wayne State College is $12,240.00, which federal data classifies as a Low ($10-20k) debt-burden category.

The full distribution of debt at graduation looks like this:

Percentile Debt at graduation
10th $2,750.00
25th $5,500.00
Median (50th) $12,240.00
75th $22,439.00
90th $28,470.00

The 10th-to-90th-percentile spread is one signal of how variable debt outcomes are across the student body.

Explore borrowing, repayment, and default in detail on the student-loan-debt breakdown.

How Debt Varies by Income at Wayne State College

Debt outcomes vary substantially with family income. Below the data splits borrowers across three income groups:

Family income Median debt at graduation
Low income $11,898.00
Middle income $11,969.00
High income $13,624.00

Debt by First-Generation Status at Wayne State College

First-gen students typically face different financial-aid contexts than students whose parents attended college.

Student group Median debt at graduation
First-generation students $12,000.00
Continuing-generation students $13,000.00

Pell Grant Recipients and Debt at Wayne State College

The Pell Grant is the main federal need-based award for undergraduates. Looking at Pell recipients versus non-recipients tells us how debt is distributed across need.

The gap between Pell-eligible and non-Pell median debt at Wayne State College stands at $748.00. The Department of Education flags this school for a Pell-debt-inequity pattern.

Default Rates and Repayment at Wayne State College

The federal default-rate tier for Wayne State College is Low (<5%).

Window Cohort default rate
2-year 4.9%

To put the rates in context, Stafford loans at Wayne State College come to $171,987,262.00 covering 12,195 disbursements.

Military and Veteran Aid at Wayne State College

Veterans and active-duty service members may qualify for substantial federal education benefits such as the Post-9/11 GI Bill and DoD Tuition Assistance.

GI Bill recipients 24
Avg GI Bill amount $5,064.00
DoD Tuition Assistance recipients 12
Avg DoD Tuition Assistance $3,194.00

Explore GI Bill and military aid in detail on the college veterans page.

Things to Think About

Use the figures above as a launch point, then think through Wayne State College, a few questions are worth asking:

Continue Your Research regarding Wayne State College

For a closer look at any of these topics, follow the links below:

Data sources. Figures on this page draw from the U.S. Department of Education College Scorecard, the Integrated Postsecondary Education Data System (IPEDS), and MediaFactual editorial review. Net-price calculator and financial-aid office links are taken from the institution’s own published data.

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