At $28,984/yr net price, Wofford College graduates earn $68,964/yr within 10 years of enrollment, which is $34,964/yr above the median for high school graduates.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $28,984 |
| Estimated 4-Year Cost | $115,936 |
| Median Earnings (10yr post-entry) | $68,964/yr |
| Earnings Premium vs. HS Diploma | +$34,964/yr |
| Estimated Break-Even | 3.3 years |
| Graduation Rate (6-year) | 80.8% |
| Median Debt at Graduation | $25,732 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $14,804/yr |
| $30,001 - $48,000 | $22,105/yr |
| $48,001 - $75,000 | $22,432/yr |
| $75,001 - $110,000 | $28,109/yr |
| $110,001+ | $34,845/yr |
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Finance and Financial Management Services. | Bachelor | $47,729 | $27,000 |
| Computer Science. | Bachelor | $42,682 | |
| Business/Managerial Economics. | Bachelor | $41,565 | |
| Chemistry. | Bachelor | $40,485 | |
| Economics. | Bachelor | $38,472 | |
| English Language and Literature, General. | Bachelor | $38,289 | $25,408 |
| Romance Languages, Literatures, and Linguistics. | Bachelor | $34,526 | $25,269 |
| Accounting and Related Services. | Bachelor | $29,685 | $26,424 |
| Biology, General. | Bachelor | $27,488 | $26,000 |
| Political Science and Government. | Bachelor | $20,140 | $26,825 |
The Risk Factor
80.8% of students at Wofford College graduate within 6 years. Most students who start here finish their degree.
Analysis
Wofford College gives you a solid financial return with manageable risk. You graduate with median debt under $26,000, and the median earnings ten years out clear your total annual net price comfortably. The 80.8% graduation rate and 89.7% retention matter here: you're likely to finish, which is what makes the debt worth carrying. Most of the financial danger at a school like this comes from paying four years and leaving without a degree, and that risk is low.
Finance is the best-paying major on the list, and it leads the pack for a reason in Spartanburg's and the broader Carolinas' banking and business economy. Computer science and business economics follow. Chemistry and economics round out the top five but pay noticeably less early on. Note that finance graduates also carry the highest program debt, so the strong starting salary comes with a heavier loan balance than the other majors.
The one caution: these are the top-earning programs, and even finance starts under $48,000. If you're borrowing the full net price for a lower-paying major outside this list, the math gets tighter. The overall $68,964 median reflects careers that grow well past those entry salaries, so the long-term picture is stronger than the first paycheck.
The net price tiers reward lower-income families. If your family earns under $30,000, you pay roughly $14,800 a year, less than half what families over $110,000 pay. The middle brackets between $30,000 and $75,000 land around $22,000. Wofford is a good financial fit if you're aiming for finance, computer science, or business and your family falls in the lower or middle income tiers. If you're paying the full $34,845 for a major outside the top earners, weigh a cheaper option first.
Frequently Asked Questions
Is Wofford College worth the cost?
With a net price of $29,000 annually and median debt of $25,732, Wofford College provides moderate returns with 10-year earnings of $68,964. The ROI depends heavily on your major, with finance graduates earning significantly more than those in other programs.
What are the highest paying majors at Wofford College?
Finance graduates from Wofford earn $47,729 annually, making it the school's best-paying program. Computer science ($42,682) and business economics ($41,565) also provide decent returns, while other majors typically earn less than $40,000.
How much student debt do Wofford College graduates have?
Wofford graduates carry a median debt of $25,732, which is manageable compared to many private colleges. However, graduates in lower-paying majors may struggle to justify this debt load with starting salaries under $40,000.
Does Wofford College have good financial aid?
Wofford's net price of $28,984 represents significant financial aid from its $60,000+ sticker price. The 81% graduation rate suggests most students can complete their degrees, but the final cost still requires careful consideration given post-graduation earning potential.