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67.0%Acceptance
$58,312Tuition
2,322Students
82%Grad Rate (6-yr)
$68,635Earnings
#11 in South CarolinaPrivate nonprofit4-yearSAT/ACT Test OptionalLiberal ArtsNCAA Division IStudy AbroadData: 2023-24
Return on Investment: Good

At $29,997/yr net price, Furman University graduates earn $68,635/yr within 10 years of enrollment, which is $34,635/yr above the median for high school graduates.

Cost vs. Outcomes

Return on investment data for Furman University
Metric Value
Average Net Price (per year) $29,997
Estimated 4-Year Cost $119,988
Median Earnings (10yr post-entry) $68,635/yr
Earnings Premium vs. HS Diploma +$34,635/yr
Estimated Break-Even 3.5 years
Graduation Rate (6-year) 81.5%
Median Debt at Graduation $23,250

What You'll Actually Pay

Average net price by family income

Net price by family income for Furman University
Family Income Estimated Net Price
$0 - $30,000 $16,190/yr
$30,001 - $48,000 $16,294/yr
$48,001 - $75,000 $24,978/yr
$75,001 - $110,000 $29,927/yr
$110,001+ $37,271/yr

Earnings by Major

Top programs ranked by median earnings

Earnings and debt by program at Furman University
Program Level Median Earnings Median Debt
Economics. Bachelor $57,318 $24,125
Business Administration, Management and Operations. Bachelor $47,260 $19,500
Accounting and Related Services. Bachelor $42,682
Communication and Media Studies. Bachelor $40,140 $22,631
Romance Languages, Literatures, and Linguistics. Bachelor $37,568 $26,955
Political Science and Government. Bachelor $36,668 $27,000
English Language and Literature, General. Bachelor $35,060
Religion/Religious Studies. Bachelor $33,993
Sociology. Bachelor $29,685
Music. Bachelor $20,824 $20,500

The Risk Factor

Completion Risk: Low Risk

81.5% of students at Furman University graduate within 6 years. Most students who start here finish their degree.

Analysis

Furman's ROI is mixed. You graduate with median debt near $23,000 and a strong 81.5% completion rate, so you're likely to finish and finish without crushing loans. But the median program earnings tell a harder story: most of the bachelor's degrees listed pay well under the school's overall $68,635 ten-year median, which means the higher figure is carried by a slice of graduates, not the typical one.

Economics is the clear winner here. At roughly $57,000 early-career pay, it out-earns Business Administration by about $10,000 a year, and it beats Accounting and Communication by a wide margin. If you're paying Furman prices, the safest financial bet is Economics or Business. Communication and Media Studies and Romance Languages land near $40,000 and below, and Romance Languages pairs the lowest pay with the highest program debt on this list , a bad combination if loans fund your degree.

The specific risk at Furman is the gap between sticker cost and payoff for non-business majors. A humanities or communication degree here costs the same $30,000-a-year net price as Economics but returns far less, so your major choice matters more than the school's average earnings suggest.

The net price tiers reward lower-income families. Under $48,000 in household income, you pay around $16,000 a year , roughly $21,000 less than families over $110,000, who face $37,271. If you're in that top bracket, Furman is a full-freight private-school cost, and the math only works if you target a high-earning major. If you're a lower-income student aiming at Economics or Business, the price-to-payoff ratio is genuinely good. If you're full-pay and drawn to lower-earning fields, look at cheaper options.

Frequently Asked Questions

Is Furman University worth the cost compared to other schools?

Furman's $30,000 annual net price produces graduates earning $68,635 after 10 years, which is solid but not exceptional for a private liberal arts college. The 81% graduation rate is strong, though the moderate debt load of $23,250 means most students can manage payments.

What majors at Furman University have the best ROI?

Economics graduates earn the most at $57,318 annually, while business majors make $47,260. Liberal arts fields like communications ($40,140) and foreign languages ($37,568) show weaker earning potential relative to the school's cost.

How much debt do Furman University graduates typically have?

The median debt at Furman is $23,250, which is manageable given average graduate earnings of $68,635. Most graduates should be able to handle monthly payments without major financial strain.

Does Furman University provide good financial aid to make it affordable?

Furman's net price of $30,000 represents significant financial aid from the sticker price, but it's still expensive for middle-class families. The school's 67% acceptance rate suggests aid may be competitive rather than guaranteed.