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Wofford College — ROI, Cost & Payback

Private nonprofit · Spartanburg, SC · 1,816 students

The verdict

Wofford College charges a net price of $18,732/yr after aid — a 4-year total of $74,928. Graduates earn a median $68,964 ten years after entry, $20,604/yr above the $48,360 high-school baseline, clearing the total in 3.6 years — a 20-year net return of $337,152, a strong payback — the degree clears its cost fast. (Scorecard, 2026 · our math.)

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Wofford College's 3.6-year payback ranks #243 of 1,280 US colleges we track — better ROI than 81% of them, and #2 of 60 in South Carolina.

Better ROI than 81% of US colleges#243 of 1,280
Weakest ROIStrongest ROI
$18,732
Net price / yr
Scorecard, 2026
$68,964
Median earnings, 10 yrs
Scorecard, 2026
3.6 yrs
Payback
Our math, 2026
52%
Admission rate
Scorecard, 2026
Wofford College: cost, earnings and payback
MeasureValueSource
Net price (after aid)$18,732/yrScorecard, 2026
Total net cost (4 yrs)$74,928our math
Median earnings, 10 yrs after entry$68,964Scorecard, 2026
Earnings premium over HS baseline$20,604/yrour math
Median debt (completers)$25,732Scorecard, 2026
Payback3.6 yrsour math
20-year net return$337,152our 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.

Wofford College: frequently asked questions

Is Wofford College worth the cost?
On the numbers, yes. Wofford College charges $18,732/yr after aid ($74,928 over 4 years), and graduates earn a median $68,964 ten years out — $20,604/yr above the $48,360 high-school baseline. That clears the cost in 3.6 years and returns $337,152 net over 20 years, a strong payback — the degree clears its cost fast.
How long does a Wofford College degree take to pay off?
About 3.6 years. We divide the $74,928 four-year net cost by the $20,604/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 Wofford College cost after financial aid?
The median net price is $18,732/yr — about $74,928 over 4 years. That is what the typical aided student actually pays after grants and scholarships, not the published sticker price.
How does Wofford College compare to other South Carolina colleges?
It ranks #2 of 60 South Carolina colleges we track by payback. Its $68,964 median earnings beat the national median of $43,552, and its $18,732 net price is above the national median of $16,906.