Is Spartanburg Methodist College worth it?

Spartanburg, SC · private-nonprofit

Verdict

Typical students pay $14,580 a year after aid, graduate with $12,000 in federal debt, and earn $33,427 six years after enrolling — an estimated monthly loan payment of $128, with a debt break-even of about 3.6 years.

Net price / year

$14,580

Admission rate

78%

Graduation rate

Median debt

$12,000

Earnings (6 yr)

$33,427

Earnings (10 yr)

$42,895

Est. monthly loan payment

$128

Loan-to-income ratio

36%

Debt break-even

3.6 years

How Spartanburg Methodist College compares

MetricSpartanburg Methodist CollegeSouth CarolinaNational
Net price$14,580$15,949$16,642
Median debt$12,000$15,629$12,377
Earnings (6 yr)$33,427$30,487$33,037
Graduation rate

FAQ

How much does it cost to attend Spartanburg Methodist College?

The federal average net price after grants and scholarships is $14,580 a year. That figure reflects what a typical student actually pays after grants and scholarships, not the sticker price.

How much debt do Spartanburg Methodist College graduates typically carry?

Students who complete a program at Spartanburg Methodist College leave with a median federal debt of $12,000, based on the U.S. Department of Education's College Scorecard.

What do Spartanburg Methodist College graduates earn?

Six years after enrolling, former students report median earnings of $33,427, drawn from federal tax records aggregated by the College Scorecard.

What is the graduation rate at Spartanburg Methodist College?

Graduation rate data is not currently published for this school.

Is Spartanburg Methodist College worth the debt?

Based on median debt and 6-year earnings, it would take roughly 3.6 years of 10% income allocation to pay off the typical debt load — compare that against your own expected major and career path before deciding.

Source: U.S. Department of Education College Scorecard.