Howard Payne University — ROI, Cost & Payback
Howard Payne University charges a net price of $23,627/yr after aid — a 4-year total of $94,508. Graduates earn a median $48,376 ten years after entry, $16/yr above the $48,360 high-school baseline, clearing the total in 5906.8 years — a 20-year net return of $-94,188, a weak return — the cost is hard to justify on earnings alone. (Scorecard, 2026 · our math.)
Howard Payne University's 5906.8-year payback ranks #1,279 of 1,280 US colleges we track — better ROI than 1% of them, and #71 of 213 in Texas.
| Measure | Value | Source |
|---|---|---|
| Net price (after aid) | $23,627/yr | Scorecard, 2026 |
| Total net cost (4 yrs) | $94,508 | our math |
| Median earnings, 10 yrs after entry | $48,376 | Scorecard, 2026 |
| Earnings premium over HS baseline | $16/yr | our math |
| Median debt (completers) | $26,793 | Scorecard, 2026 |
| Payback | 5906.8 yrs | our math |
| 20-year net return | $-94,188 | our 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.