At $20,351/yr net price, Newberry College graduates earn $48,040/yr within 10 years of enrollment, which is $14,040/yr above the median for high school graduates.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $20,351 |
| Estimated 4-Year Cost | $81,404 |
| Median Earnings (10yr post-entry) | $48,040/yr |
| Earnings Premium vs. HS Diploma | +$14,040/yr |
| Estimated Break-Even | 5.8 years |
| Graduation Rate (6-year) | 44.4% |
| Median Debt at Graduation | $26,805 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $18,692/yr |
| $30,001 - $48,000 | $18,786/yr |
| $48,001 - $75,000 | $22,439/yr |
| $75,001 - $110,000 | $18,277/yr |
| $110,001+ | $23,338/yr |
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. | Bachelor | $56,415 | $22,500 |
| Business Administration, Management and Operations. | Bachelor | $32,925 | $21,500 |
| Teacher Education and Professional Development, Specific Subject Areas. | Bachelor | $31,670 | |
| Teacher Education and Professional Development, Specific Levels and Methods. | Bachelor | $30,771 | $27,000 |
The Risk Factor
44.4% of students at Newberry College graduate within 6 years. More than half of students finish, but the dropout rate is a real factor in whether this investment pays off.
Analysis
Newberry College gives you a mixed financial picture that hinges almost entirely on your major. The median graduate earns around what a private-college degree should return, but the gap between programs here is wide enough that your choice of study matters more than the school's name on your diploma.
Nursing is the clear winner. Graduates out-earn business majors by more than $23,000 a year while carrying about $1,000 more in debt. If you come to Newberry for nursing, the math works: strong pay against a manageable loan balance. South Carolina's steady demand for registered nurses backs that up.
Business and teacher education are where you should slow down. Both pay in the low $30,000s a decade out, and the two teaching programs carry the heaviest debt loads on the list. Teaching in this state pays what it pays, and borrowing $27,000 to enter a $30,000 field leaves you little room. If education is your plan, keep your borrowing well below the median.
The bigger risk is finishing at all. Only about seven in ten students return after year one, and fewer than half graduate. A degree you don't complete leaves you with debt and no earnings bump, so your first-year commitment carries real financial weight here.
The net price tiers are unusual: families earning over $110,000 pay the most, but families in the $48,000-$75,000 band pay nearly as much, while those earning $75,000-$110,000 pay the least of any group. If your family lands in that middle-income squeeze, price out your actual offer before assuming it scales with income.
Newberry fits you if you're set on nursing and will finish. If you're aiming at business or teaching, weigh the low starting pay against every dollar you borrow.
Frequently Asked Questions
Is Newberry College worth the cost?
Newberry College's return on investment is mixed, with graduates earning $48,040 after 10 years against $26,805 in median debt. The nursing programs offer the best value at $56,415 average earnings, while education and business programs show lower returns relative to the $20,351 annual cost.
What are the best paying majors at Newberry College?
Nursing programs at Newberry College provide the strongest earnings potential at $56,415 annually. Business administration graduates earn significantly less at $32,925, while education majors typically earn around $30,000-31,000.
How much debt do Newberry College graduates have?
Newberry College graduates carry a median debt of $26,805, which is manageable for nursing majors but creates financial strain for education and business graduates earning $30,000-33,000. The debt-to-income ratio varies significantly by program choice.
What is Newberry College's graduation rate and job prospects?
Newberry College has a 44% graduation rate, meaning over half of students don't complete their degree. Those who do graduate earn $48,040 on average after 10 years, though outcomes depend heavily on choosing higher-paying programs like nursing over lower-earning fields.