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Hendrix College — ROI, Cost & Payback

Private nonprofit · Conway, AR · 1,100 students

The verdict

Hendrix College charges a net price of $24,149/yr after aid — a 4-year total of $96,596. Graduates earn a median $60,376 ten years after entry, $12,016/yr above the $48,360 high-school baseline, clearing the total in 8 years — a 20-year net return of $143,724, a solid payback. (Scorecard, 2026 · our math.)

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Hendrix College's 8-year payback ranks #694 of 1,280 US colleges we track — better ROI than 46% of them, and #4 of 47 in Arkansas.

Better ROI than 46% of US colleges#694 of 1,280
Weakest ROIStrongest ROI
$24,149
Net price / yr
Scorecard, 2026
$60,376
Median earnings, 10 yrs
Scorecard, 2026
8 yrs
Payback
Our math, 2026
56%
Admission rate
Scorecard, 2026
Hendrix College: cost, earnings and payback
MeasureValueSource
Net price (after aid)$24,149/yrScorecard, 2026
Total net cost (4 yrs)$96,596our math
Median earnings, 10 yrs after entry$60,376Scorecard, 2026
Earnings premium over HS baseline$12,016/yrour math
Median debt (completers)$26,688Scorecard, 2026
Payback8 yrsour math
20-year net return$143,724our math

College Scorecard (2026 release), institution-level · payback and returns are our math.

How we compute this. Payback = total net cost ÷ annual earnings premium, where the premium is median earnings 10 years after entry minus the $48,360 baseline (BLS 2024 median for a high-school-diploma worker 25+). Total net cost = net price × 4 years. We do not discount future dollars. The institution-wide earnings figure blends every major — a specific program's payback can be far better or worse. Full method on the methodology page.

Hendrix College: frequently asked questions

Is Hendrix College worth the cost?
On the numbers, yes. Hendrix College charges $24,149/yr after aid ($96,596 over 4 years), and graduates earn a median $60,376 ten years out — $12,016/yr above the $48,360 high-school baseline. That clears the cost in 8 years and returns $143,724 net over 20 years, a solid payback.
How long does a Hendrix College degree take to pay off?
About 8 years. We divide the $96,596 four-year net cost by the $12,016/yr earnings premium over the high-school baseline. It is a floor, not a ceiling — mid-career raises pay it back faster.
How much does Hendrix College cost after financial aid?
The median net price is $24,149/yr — about $96,596 over 4 years. That is what the typical aided student actually pays after grants and scholarships, not the published sticker price.
How does Hendrix College compare to other Arkansas colleges?
It ranks #4 of 47 Arkansas colleges we track by payback. Its $60,376 median earnings beat the national median of $43,552, and its $24,149 net price is above the national median of $16,906.