Degree Dividend
Sourced from federal dataEvery figure datedNo rankings for sale

Midwestern State University — ROI, Cost & Payback

Public · Wichita Falls, TX · 4,087 students

The verdict

Midwestern State University charges a net price of $11,656/yr after aid — a 4-year total of $46,624. Graduates earn a median $55,747 ten years after entry, $7,387/yr above the $48,360 high-school baseline, clearing the total in 6.3 years — a 20-year net return of $101,116, a solid payback. (Scorecard, 2026 · our math.)

Share

Midwestern State University's 6.3-year payback ranks #550 of 1,280 US colleges we track — better ROI than 57% of them, and #21 of 213 in Texas.

Better ROI than 57% of US colleges#550 of 1,280
Weakest ROIStrongest ROI
$11,656
Net price / yr
Scorecard, 2026
$55,747
Median earnings, 10 yrs
Scorecard, 2026
6.3 yrs
Payback
Our math, 2026
94%
Admission rate
Scorecard, 2026
Midwestern State University: cost, earnings and payback
MeasureValueSource
Net price (after aid)$11,656/yrScorecard, 2026
Total net cost (4 yrs)$46,624our math
Median earnings, 10 yrs after entry$55,747Scorecard, 2026
Earnings premium over HS baseline$7,387/yrour math
Median debt (completers)$21,030Scorecard, 2026
Payback6.3 yrsour math
20-year net return$101,116our math

College Scorecard (2026 release), institution-level · payback and returns are our math.

The arithmetic, on Midwestern State University's own numbers. Net price $11,656 × 4 years = $46,624 total. Median earnings $55,747 − the $48,360 high-school baseline = $7,387 a year of premium. $46,624 ÷ $7,387 = 6.3 years to break even; twenty years of that premium minus the cost leaves $101,116. Future dollars are not discounted, and the earnings figure blends every major here — your programme can beat or miss it. Full method.

How much debt do Midwestern State University students graduate with?

A median $21,030 in federal loans among completers, or 38% of the $55,747 its graduates earn ten years out — our math. The figure excludes private loans and students who left before finishing.

What share of Midwestern State University students graduate?

43% finish their degree — 57% leave carrying the cost without the credential. Spread the $46,624 bill across that completion rate and the cohort pays $108,428 per graduate produced — our math, and the figure a payback number never shows.

Is Midwestern State University expensive compared with other Texas colleges?

Its $11,656 net price runs $7,703 below the $19,359 median across the 213 Texas colleges we profile, and $30,812 less across the full degree.

Midwestern State University: frequently asked questions

Is Midwestern State University worth the cost?
On the numbers, yes. Midwestern State University charges $11,656/yr after aid ($46,624 over 4 years), and graduates earn a median $55,747 ten years out — $7,387/yr above the $48,360 high-school baseline. That clears the cost in 6.3 years and returns $101,116 net over 20 years, a solid payback.
How long does a Midwestern State University degree take to pay off?
About 6.3 years. We divide the $46,624 four-year net cost by the $7,387/yr earnings premium over the high-school baseline. It is a floor, not a ceiling — mid-career raises pay it back faster.
How much does Midwestern State University cost after financial aid?
The median net price is $11,656/yr — about $46,624 over 4 years. That is what the typical aided student actually pays after grants and scholarships, not the published sticker price.
How does Midwestern State University compare to other Texas colleges?
It ranks #21 of 213 Texas colleges we track by payback. Its $55,747 median earnings beat the national median of $43,549, and its $11,656 net price is below the national median of $16,902.