At $25,314/yr net price, LeTourneau University graduates earn $57,103/yr within 10 years of enrollment, which is $23,103/yr above the median for high school graduates.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $25,314 |
| Estimated 4-Year Cost | $101,256 |
| Median Earnings (10yr post-entry) | $57,103/yr |
| Earnings Premium vs. HS Diploma | +$23,103/yr |
| Estimated Break-Even | 4.4 years |
| Graduation Rate (6-year) | 61.1% |
| Median Debt at Graduation | $26,000 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $19,589/yr |
| $30,001 - $48,000 | $21,319/yr |
| $48,001 - $75,000 | $24,073/yr |
| $75,001 - $110,000 | $26,469/yr |
| $110,001+ | $29,482/yr |
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Health and Medical Administrative Services. | Master | $71,015 | |
| Business Administration, Management and Operations. | Master | $67,660 | $41,000 |
| Mechanical Engineering Related Technologies/Technicians. | Bachelor | $65,332 | |
| Mechanical Engineering. | Bachelor | $63,600 | $26,000 |
| Civil Engineering. | Bachelor | $59,986 | |
| Educational Administration and Supervision. | Master | $57,318 | |
| Business Administration, Management and Operations. | Bachelor | $52,607 | $32,510 |
| Clinical, Counseling and Applied Psychology. | Master | $41,565 | $68,334 |
| Air Transportation. | Bachelor | $41,565 | $26,000 |
| Psychology, General. | Bachelor | $36,132 | $26,000 |
The Risk Factor
61.1% of students at LeTourneau University graduate within 6 years. A significant share of students finish, but roughly 39% do not complete their degree.
Analysis
LeTourneau University delivers solid financial returns for engineering students but struggles in other areas. With median 10-year earnings of $57,103 against a $25,314 annual net price, your investment pays off in roughly four years if you complete your degree.
The engineering programs justify the cost. Mechanical engineering graduates earn $63,600 with typical debt of $26,000, while civil engineering majors hit $59,986. Health administration leads all majors at $71,015 annually. Business administration pays $67,660 but saddles you with $41,000 in debt, making it a weaker choice despite the higher salary.
Your biggest risk is not graduating. LeTourneau's 61% graduation rate means two in five students leave without a degree but keep their debt. The 80% retention rate suggests most who stay finish, but that first year proves critical.
This school works best if you want engineering training without the brutal competition of major research universities. The smaller class sizes and hands-on approach suit students who need more support than flagship state schools provide. However, non-engineering majors should consider cheaper alternatives that offer similar career outcomes.
Financial aid remains limited, with only 13% of students receiving assistance. Merit scholarships exist but compete against schools with deeper pockets. Your best cost strategy involves graduating quickly in engineering, then leveraging the strong alumni network in Texas energy and manufacturing sectors.
Skip LeTourneau if you want liberal arts, plan to change majors frequently, or need substantial financial aid. The school works for focused engineering students who can handle the academic demands and appreciate smaller class sizes.
Frequently Asked Questions
Is LeTourneau University worth the cost?
LeTourneau University graduates earn a median of $57,103 ten years after graduation, which is reasonable but not exceptional given the $25,314 annual net price. The school works best for students pursuing health administration or business programs, which show stronger earnings potential than the overall graduate average.
What are the best paying programs at LeTourneau University?
Health and Medical Administrative Services leads at $71,015 median earnings, followed by Business Administration at $67,660. Engineering programs like Mechanical and Civil Engineering earn in the $59,000-$65,000 range, making them solid middle-income career paths.
How much debt do LeTourneau University graduates have?
The median debt load is $26,000, which is manageable compared to many private universities. With graduates earning around $57,000 annually, most students should be able to handle their loan payments without major financial strain.
Does LeTourneau University have good financial aid?
The net price of $25,314 suggests decent financial aid for a private university, though this varies significantly by family income. With a 61% graduation rate, about 4 in 10 students don't finish their degree, which creates debt without the earning benefits.