Herzing University-Madison — ROI, Cost & Payback
Herzing University-Madison charges a net price of $22,327/yr after aid — a 4-year total of $89,308. Median earnings ten years after entry are $36,909, below the $48,360 high-school baseline, so on this institution-wide metric the degree does not clear its cost. Program choice is what changes that. (Scorecard, 2026 · our math.)
On institution-wide earnings, Herzing University-Madison does not clear its cost — it ranks #50 of 53 Wisconsin colleges we track by ROI. The specific program you pick moves this more than the school average.
| Measure | Value | Source |
|---|---|---|
| Net price (after aid) | $22,327/yr | Scorecard, 2026 |
| Total net cost (4 yrs) | $89,308 | our math |
| Median earnings, 10 yrs after entry | $36,909 | Scorecard, 2026 |
| Earnings premium over HS baseline | -$11,451/yr | our math |
| Median debt (completers) | $21,500 | Scorecard, 2026 |
| Payback | does not clear | our math |
| 20-year net return | -$318,328 | our math |
College Scorecard (2026 release), institution-level · payback and returns are our math.
The arithmetic, on Herzing University-Madison's own numbers. Net price $22,327 × 4 years = $89,308 total. Median earnings $36,909 fall $11,451 short of the $48,360 high-school baseline, so the premium this formula divides by is not positive and no break-even year exists on institution-wide pay. A programme here earning $58,360 would clear the $89,308 bill in about 8.9 years — the gap, not the price, is what blocks payback. Full method.
How much debt do Herzing University-Madison students graduate with?
A median $21,500 in federal loans among completers, or 58% of the $36,909 its graduates earn ten years out — our math. The figure excludes private loans and students who left before finishing.
What share of Herzing University-Madison students graduate?
28% finish their degree — 72% leave carrying the cost without the credential. Spread the $89,308 bill across that completion rate and the cohort pays $318,957 per graduate produced — our math, and the figure a payback number never shows.
Is Herzing University-Madison expensive compared with other Wisconsin colleges?
Its $22,327 net price runs $7,134 above the $15,193 median across the 53 Wisconsin colleges we profile, or $28,536 more across the full degree.