Head-to-head comparison
University of South Carolina-Columbia vs Erskine College: which has better ROI?
Option A Columbia, SC
University of South Carolina-Columbia
- Net price / year
- $22,811
- Earnings, 10 years
- $62,177
- Payback
- 6.6 yrs
Option B Due West, SC
Erskine College
- Net price / year
- $16,525
- Earnings, 10 years
- $53,459
- Payback
- 13 yrs
University of South Carolina-Columbia has the better ROI: it clears its 4-year net cost of $91,244 in 6.6 years versus 13 years at Erskine College, on median earnings of $62,177 vs $53,459 ten years out. (Scorecard, 2026 · our math.)
| Measure | University of South Carolina-Columbia | Erskine College |
|---|---|---|
| Net price / yr | $22,811 | $16,525 |
| Total net cost | $91,244 | $66,100 |
| Median earnings, 10 yrs | $62,177 | $53,459 |
| Median debt | $21,500 | $27,000 |
| Payback | 6.6 yrs | 13 yrs |
| 20-year net return | $185,096 | $35,880 |
College Scorecard (2026), institution-level · payback and returns are our math. Figures blend all majors.
The short answer
Which is cheaper, University of South Carolina-Columbia or Erskine College?
Erskine College, at $16,525 a year after aid versus $22,811 — a gap of $6,286 a year, or $25,144 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.
The short answer
Do University of South Carolina-Columbia or Erskine College graduates earn more?
University of South Carolina-Columbia graduates report a median $62,177 ten years after entry, $8,718 more than the $53,459 at Erskine College. Both are institution-wide medians from federal tax records, so a high-paying major at the lower school can beat the average at the higher one.
The short answer
Which leaves students with less debt, University of South Carolina-Columbia or Erskine College?
University of South Carolina-Columbia: its completers carry a median $21,500 in federal loans versus $27,000 at Erskine College, a difference of $5,500. The figure counts students who finished; it excludes private loans and anyone who left before graduating.
The short answer
Which graduates more of its students?
79% of students finish at University of South Carolina-Columbia, against 45% at Erskine College. Completion matters to the ROI arithmetic because a degree that is never finished still carries its cost and its debt, but earns none of the graduate premium above the $48,360 high-school baseline.