At $16,295/yr net price, Spartanburg Methodist College graduates earn $42,895/yr within 10 years of enrollment, which is $8,895/yr above the median for high school graduates.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $16,295 |
| Estimated 4-Year Cost | $65,180 |
| Median Earnings (10yr post-entry) | $42,895/yr |
| Earnings Premium vs. HS Diploma | +$8,895/yr |
| Estimated Break-Even | 7.3 years |
| Graduation Rate (6-year) | 38.3% |
| Median Debt at Graduation | $12,000 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $16,009/yr |
| $30,001 - $48,000 | $15,515/yr |
| $48,001 - $75,000 | $16,225/yr |
| $75,001 - $110,000 | $17,303/yr |
| $110,001+ | $18,590/yr |
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Liberal Arts and Sciences, General Studies and Humanities. | Associate | $24,267 | $12,000 |
The Risk Factor
38.3% of students at Spartanburg Methodist College graduate within 6 years. Fewer than half of students complete their degree. If you don't graduate, the financial investment may not pay off.
Analysis
Spartanburg Methodist College gives you a modest but manageable financial picture. Your median debt at graduation sits at $12,000, which is low, and that keeps this school from being a financial trap even when earnings run soft. The problem is the return: median earnings ten years out land below what many state schools deliver, and the 38% graduation rate means paying for a degree you have a real chance of not finishing.
The graduation rate is the sharpest risk here. If you drop out after a year or two, you still carry the net price of roughly $16,000 per year with no degree to show for it. That risk hits harder than the debt load, because unfinished tuition is money spent for nothing.
No bachelor-level program earnings are listed, so treat any specific "this major pays off" claim with caution. Judge programs by the fields Spartanburg actually places graduates into around the Upstate SC market, and ask the school directly for outcomes by major before you enroll.
The net price barely moves across income tiers. Families earning under $30,000 pay about $16,000, and families over $110,000 pay about $18,600. That flatness means lower-income families get little relief here, and the price is a heavier lift for you if your household income is low.
This school fits you if you want a small private campus, plan to keep debt low, and are confident you will finish. Look elsewhere if maximizing earnings is your goal or if you need a school where price drops sharply with financial need, because Spartanburg does neither.
Frequently Asked Questions
Is Spartanburg Methodist College worth the cost?
Spartanburg Methodist College offers relatively affordable tuition at $16,295 per year, but graduates earn just $42,895 ten years after enrollment. With a 38% graduation rate, many students don't complete their degrees, making the investment risky for most.
What is the return on investment for Spartanburg Methodist College degrees?
The ROI is poor compared to other colleges. Graduates earn below the national average, and the low graduation rate means many students accumulate debt without finishing their degree.
Do any programs at Spartanburg Methodist College have good job prospects?
The top programs are Liberal Arts and General Studies, which typically lead to modest starting salaries around $24,267. These fields generally offer limited earning potential compared to more specialized degrees.
How much debt do Spartanburg Methodist College students typically graduate with?
The median debt is $12,000, which is relatively low compared to many colleges. However, given the modest earning potential of graduates, even this amount may be challenging to repay quickly.