Murray State College — ROI, Cost & Payback
Murray State College charges a net price of $12,844/yr after aid — a 2-year total of $25,688. Median earnings ten years after entry are $36,545, below the $48,360 high-school baseline, so on this institution-wide metric the degree does not clear its cost. Program choice is what changes that. (Scorecard, 2026 · our math.)
On institution-wide earnings, Murray State College does not clear its cost — it ranks #40 of 53 Oklahoma colleges we track by ROI. The specific program you pick moves this more than the school average.
| Measure | Value | Source |
|---|---|---|
| Net price (after aid) | $12,844/yr | Scorecard, 2026 |
| Total net cost (2 yrs) | $25,688 | our math |
| Median earnings, 10 yrs after entry | $36,545 | Scorecard, 2026 |
| Earnings premium over HS baseline | -$11,815/yr | our math |
| Median debt (completers) | $13,387 | Scorecard, 2026 |
| Payback | does not clear | our math |
| 20-year net return | -$261,988 | our math |
College Scorecard (2026 release), institution-level · payback and returns are our math.
The arithmetic, on Murray State College's own numbers. Net price $12,844 × 2 years = $25,688 total. Median earnings $36,545 fall $11,815 short of the $48,360 high-school baseline, so the premium this formula divides by is not positive and no break-even year exists on institution-wide pay. A programme here earning $58,360 would clear the $25,688 bill in about 2.6 years — the gap, not the price, is what blocks payback. Full method.
How much debt do Murray State College students graduate with?
A median $13,387 in federal loans among completers, or 37% of the $36,545 its graduates earn ten years out — our math. The figure excludes private loans and students who left before finishing.
What share of Murray State College students graduate?
27% finish their degree — 73% leave carrying the cost without the credential. Spread the $25,688 bill across that completion rate and the cohort pays $95,141 per graduate produced — our math, and the figure a payback number never shows.
Is Murray State College expensive compared with other Oklahoma colleges?
Its $12,844 net price runs $134 above the $12,710 median across the 53 Oklahoma colleges we profile, or $268 more across the full degree.