Private nonprofit · COLLEGE PAYOFF

Wofford College

Spartanburg, SC · 11 field-and-degree records

Earnings reported for 10 · Federal debt reported for 9

Based onObserved earnings + college priceEstimate10-year payoff
Estimated 10-year payoff
Negative payoff

−$70,278 over 10 years

Modeled from observed year-5 institution earnings and the institution-wide average net price over four years.

13.8 yrsTime to earn back the modeled cost
−28%Estimated return after 10 years
$63,465Observed earnings · year 5
$1,163Highest annual price before payoff reaches $0

The price benchmark would need to fall by $17,570 per year to reach it.

Start with your question

What do you want to understand?

ECONOMIC INVESTMENT → PAYBACK

Estimated payoff over ten years.

The scenario counts direct price and earnings forgone upfront, then applies the reported annual earnings premium.

10-YEAR PAYOFF CURVECumulative economic payoff after graduation
−$70,278at year 10
Net gainInvestment not yet recovered
NET GAIN$0UNRECOVERED
−$254,9280
2
4
6
8
−$70,27810
Years after graduationBreak-even: 13.8 years
FEDERAL COST DATA

Four ways to read college price.

Annual college-wide figures from the current College Scorecard release. Average net price covers full-time, first-time undergraduates receiving federal aid; public-college figures use in-state students. Program tuition and individual aid offers may differ.

Published in-state tuition$56,005
Sticker price
Published out-of-state tuition$56,005
Sticker price
Average net price$18,732
Title IV student average
Cost of attendance$72,441
Tuition + living budget
PRICE SOURCECollege reported · annual amount · federal dataset
PUBLISHED STUDENT BUDGET · 2024–25

What makes up the annual price?

Sticker-price components reported to IPEDS. Grants and scholarships are not subtracted here.

Tuition and required fees$56,005Same reported price regardless of residency
Books and supplies$1,307Estimated academic-year allowance
On-campus housing and food$16,220$2,769 in other expenses reported separately
Estimated on-campus total$76,301Sum of available published components, before aid

Living off campus: $8,360 housing and food allowance plus $4,104 in other expenses.

Do not confuse this with net price. Net price subtracts average grants and scholarships. DegreeVerdict continues to use the separately labeled average net price in its standard college ROI scenario.

PRICE SENSITIVITY

The price can change the verdict.

Hold observed earnings constant and see how the modeled ten-year payoff changes as annual price rises.

What stays fixed$63,465 observed annual earnings · 4 years of study · $45,000 alternative annual earnings · ten-year horizonThe marked price is this college’s institution-wide average net price, not your personal aid offer. This is a sensitivity test, not a tuition quote or earnings forecast.
HOW STUDENTS ATTEND · 2023-24

Attendance format is not fully reported.

IPEDS enrollment counts show course delivery across the whole institution. They do not indicate whether a specific degree can be completed online.

Fully onlineNot reported
Not reported students
Some online coursesNot reported
Not reported students
No online courses100%
1,909 students
Undergraduates age 25+0.3%
Share of undergraduate enrollment

Institution-level attendance context from IPEDS. Program delivery is reported separately on degree pages and in the program directory. These figures do not enter ROI.

College identity and local contextAccreditation, institution type, dual enrollment and state prices
COLLEGE AT A GLANCE

Institution details

Current federal characteristics describing the college, not the outcomes of a specific program.

Accreditor
Southern Association of Colleges and Schools Commission on Colleges
Main award level
Bachelor’s degrees
Campus setting
City
Admissions
Selective admission
Delivery
Campus or mixed delivery
Federal designation
No special designation reported
Sources: College Scorecard June 2026 release and IPEDS 2024 institutional characteristics.
STATE PRICE CONTEXT · 2024

Prices in South Carolina run 6% below the U.S. level.

BEA Regional Price Parities compare price levels across states. A value of 100 equals the national average.

Overall6% below U.S.
Goods4% below U.S.
Housing20% below U.S.
Utilities12% below U.S.
Other services2% below U.S.

Use this as geographic context, not a personal budget. It describes the state, not the campus neighborhood, and does not measure tuition or student-specific housing.

DegreeVerdict does not adjust reported earnings, college prices or ROI using this index.

Download the official BEA source →
THE NUMBERS BEHIND THE VERDICT

What it costs and what graduates earn

$18,732Average net price / year
$72,441Cost of attendance
$25,732Median federal student debt · completer borrowers
$273/moPublished 10-year payment estimate
$63,465Median earnings · year 5 after completion
84.2%Completion rate
51.9%Admission rate
1,296Average SAT score
30ACT midpoint
1,816Student size

Debt covers federal student-loan borrowers who completed. It does not include Parent PLUS or private loans. We show admissions scores only when a valid federal value is available.

QUESTIONS ANSWERED

What the numbers say about Wofford College

What does Wofford College cost?

Wofford College reports an average annual net price of $18,732 after grants and scholarships. This is an institution-wide average, not an individual aid offer.

What do Wofford College graduates earn?

The observed median earnings figure is $63,465 5 years after completion. It describes a federal cohort, not a guaranteed starting salary.

How much federal debt do Wofford College graduates have?

Completer borrowers report median cumulative federal student debt of $25,732. Parent PLUS and private loans are not included.

Is every degree at Wofford College worth the same?

No. The current release contains 11 field-and-degree records for Wofford College; 10 report year-4 earnings and 9 report federal debt. Outcomes can differ substantially by field and degree level.

DEBT AFTER COLLEGE

Are borrowers making progress?

Repayment progress, default and debt at exit describe different federal borrower cohorts. They are shown separately and do not change the ROI estimate.

1 year73%Paid down at least $1 of principal
3 years79%Paid down at least $1 of principal
5 years82%Paid down at least $1 of principal
7 years88%Paid down at least $1 of principal
Students who completed$25,732Median federal debt · 362 borrowers
Students who withdrew$8,375Median federal debt · 146 borrowers
Three-year cohort default rate0%Federal cohort measure, not the share currently behind on payments

Source: College Scorecard. Repayment progress is the share of borrowers who reduced principal by at least $1 at the stated measurement point. Debt covers federal student loans; Parent PLUS and private loans are excluded. Cohorts and reporting periods differ across measures.

2024–25 ENROLLMENT

Who studied here during the year

1,868Students enrolled at any point
1,868Undergraduate students
Not availableGraduate students

Unduplicated students enrolled at any point from July 1, 2024 through June 30, 2025. This full-year measure is different from a fall headcount and does not enter ROI.

More student and earnings detailPrice by family income, retention, equity and common industries
PRICE BY FAMILY INCOME

Average net price is not one price

Federal averages for aided students in each family-income band. Your aid offer can differ.

$0–30k$8,493
$30–48k$11,627
$48–75k$10,830
$75–110k$19,092
$110k+$23,770
LONGER-TERM CONTEXT

What happens beyond the first earnings measure

Year 5$63,465
Year 6$52,076
Year 10$68,964
Full-time retention
91.0%
Part-time retention
Not available
Completion within 200% of normal time
82.7%

Earnings timepoints may use different historical cohorts and should not be read as one group’s guaranteed salary growth.

WHO PAYS, WHO FINISHES, WHO EARNS

Outcomes are not the same for every family.

These federal cohorts add context that a single college average can hide. Missing figures remain unreported rather than estimated.

Pell Grant students82%

Complete within 150% of the expected time

75% received a Pell Grant within eight years
Parent borrowing$50,394

Median Parent PLUS debt

121 parent borrowers in the reported cohort
First-generation students$19,875

Median federal student debt

65% making progress in repayment after three years
Student family incomeMedian earnings after 10 yearsObserved federal cohorts
Lower income$53,960Earnings are not a guarantee
Middle income$67,809Earnings are not a guarantee
Higher income$75,570Earnings are not a guarantee
Three-year repayment progress
Lower income67%
Middle income80%
Higher income82%
Undergraduate student composition
White79%
Black7%
Hispanic6%
Asian2%

Source: College Scorecard, June 2026 release. Parent PLUS debt belongs to parents; student-debt measures exclude Parent PLUS and private loans. Cohort definitions differ by measure.

INDEPENDENT CENSUS EARNINGS VIEW

How earnings develop by field

Privacy-protected Census employment records follow graduate cohorts one, five and ten years after completion. This source is kept separate from College Scorecard because its population and methodology differ.

Field and credentialYear 1Year 5Year 10
Astronomy and Astrophysics.Bachelor’s degree · Broad federal field 40
$50,129Year 1
$65,986Year 5
$125,457Year 10
Accounting and Related Services.Bachelor’s degree · Broad federal field 52
$53,189Year 1
$84,706Year 5
$120,818Year 10
Biochemistry, Biophysics and Molecular Biology.Bachelor’s degree · Broad federal field 26
$30,099Year 1
$62,818Year 5
$105,099Year 10
Anthropology.Bachelor’s degree · Broad federal field 45
$41,244Year 1
$72,585Year 5
$93,908Year 10
Philosophy and Religious Studies, General.Bachelor’s degree · Broad federal field 38
Not availableYear 1
Not availableYear 5
$76,015Year 10
English Language and Literature, General.Bachelor’s degree · Broad federal field 23
$37,041Year 1
$56,473Year 5
$70,012Year 10
African Languages, Literatures, and Linguistics.Bachelor’s degree · Broad federal field 16
$44,521Year 1
$63,610Year 5
$66,779Year 10
Clinical Psychology.Bachelor’s degree · Broad federal field 42
$39,425Year 1
$55,261Year 5
$62,322Year 10

Median annual earnings in 2023 dollars. Each time point may use a different pooled graduation cohort. Coverage is limited to institutions participating in the Census Post-Secondary Employment Outcomes program.

NATIONAL CONTEXT

How this college compares

Percentiles compare this institution with currently operating colleges that report the same federal measure.

84thEarnings percentile
86thCompletion percentile
WHAT STANDS OUT

A faster read on this college

These summaries use every reportable field-and-credential record at this institution. They do not fill privacy-suppressed outcomes.

$65,073Median year-4 earnings across reportable program categories
$25,941Median federal debt across categories that report debt
80%Of comparable categories above their same-field national benchmark
EARNINGS OVER TIME

What graduates earned in later years

$37,171Year 1
$65,763Year 4
$63,465Year 5

Each year can represent a different federal cohort, so the points do not track the same people over time.

DEGREES AT THIS COLLEGE

Your choice of degree can change the payoff.

Graduate earnings differ by field and credential, even within the same college.

1Computer Science · Bachelor's Degree$86,5202Finance and Financial Management Services · Bachelor's Degree$79,6433Business/Managerial Economics · Bachelor's Degree$78,9064Accounting and Related Services · Bachelor's Degree$78,5765Political Science and Government · Bachelor's Degree$68,6616Biology, General · Bachelor's Degree$61,4847Romance Languages, Literatures, and Linguistics · Bachelor's Degree$61,2008English Language and Literature, General · Bachelor's Degree$58,036

Observed year-4 earnings · compare the same field and credential across colleges

Strongest relative outcomes

Programs that stand out against the same-degree benchmark

This view rewards performance relative to the same field and credential, not simply majors that pay more everywhere.

1English Language and Literature, GeneralBachelor's Degree · $58,036 reported+19%vs same-degree national median$25,941federal debt2Romance Languages, Literatures, and LinguisticsBachelor's Degree · $61,200 reported+11%vs same-degree national median$25,269federal debt3Political Science and GovernmentBachelor's Degree · $68,661 reported+8%vs same-degree national median$26,825federal debt4Biology, GeneralBachelor's Degree · $61,484 reported+7%vs same-degree national median$26,000federal debt5Accounting and Related ServicesBachelor's Degree · $78,576 reported+3%vs same-degree national median$26,924federal debt6Psychology, GeneralBachelor's Degree · $52,046 reported+3%vs same-degree national median$25,763federal debt
BUILD A REAL SHORTLIST

Comparable colleges in SC

Currently operating private nonprofit institutions with the closest combination of annual net price and observed year-5 earnings. Similarity is descriptive, not a quality ranking.

Clinton, SC

Presbyterian College

Annual net price
$20,528
Observed earnings · year 5
$54,388
Modeled 10-year ROI
-64%
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Greenville, SC

Furman University

Annual net price
$30,308
Observed earnings · year 5
$62,799
Modeled 10-year ROI
-41%
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Charleston, SC

Charleston Southern University

Annual net price
$21,666
Observed earnings · year 5
$51,450
Modeled 10-year ROI
-76%
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Newberry, SC

Newberry College

Annual net price
$21,656
Observed earnings · year 5
$49,081
Modeled 10-year ROI
-85%
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DEGREE OUTCOMES

Compare fields and degree levels

Showing all 11 field-and-degree records in the current release.

Major or fieldDegree levelEarnings, year 4Federal debt2024–25 graduates
Computer ScienceBachelor's Degree$86,520Not availableNot reported
Finance and Financial Management ServicesBachelor's Degree$79,643$27,000Not reported
Business/Managerial EconomicsBachelor's Degree$78,906Not availableNot reported
Accounting and Related ServicesBachelor's Degree$78,576$26,924Not reported
Political Science and GovernmentBachelor's Degree$68,661$26,825Not reported
Biology, GeneralBachelor's Degree$61,484$26,000Not reported
Romance Languages, Literatures, and LinguisticsBachelor's Degree$61,200$25,269Not reported
English Language and Literature, GeneralBachelor's Degree$58,036$25,941Not reported
Natural Resources Conservation and ResearchBachelor's Degree$55,044$16,691Not reported
Psychology, GeneralBachelor's Degree$52,046$25,763Not reported
International Relations and National Security StudiesBachelor's DegreeNot available$21,375Not reported

Graduate counts come from IPEDS and group related majors into the same federal field. Missing earnings or debt values remain labeled as unavailable.

Earnings, price, completion and enrollment are observed federal measures. ROI, payoff and break-even are modeled scenarios built from those measures and fixed assumptions. College payoff is not the payoff of every degree at this school; use the program table for a more precise comparison.