South Plains College — ROI, Cost & Payback
South Plains College charges a net price of $6,791/yr after aid — a 2-year total of $13,582. Median earnings ten years after entry are $41,276, 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, South Plains College does not clear its cost — it ranks #95 of 213 Texas colleges we track by ROI. The specific program you pick moves this more than the school average.
| Measure | Value | Source |
|---|---|---|
| Net price (after aid) | $6,791/yr | Scorecard, 2026 |
| Total net cost (2 yrs) | $13,582 | our math |
| Median earnings, 10 yrs after entry | $41,276 | Scorecard, 2026 |
| Earnings premium over HS baseline | -$7,084/yr | our math |
| Median debt (completers) | $10,500 | Scorecard, 2026 |
| Payback | does not clear | our math |
| 20-year net return | -$155,262 | our math |
College Scorecard (2026 release), institution-level · payback and returns are our math.
The arithmetic, on South Plains College's own numbers. Net price $6,791 × 2 years = $13,582 total. Median earnings $41,276 fall $7,084 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 $13,582 bill in about 1.4 years — the gap, not the price, is what blocks payback. Full method.
How much debt do South Plains College students graduate with?
A median $10,500 in federal loans among completers, or 25% of the $41,276 its graduates earn ten years out — our math. The figure excludes private loans and students who left before finishing.
What share of South Plains College students graduate?
29% finish their degree — 71% leave carrying the cost without the credential. Spread the $13,582 bill across that completion rate and the cohort pays $46,834 per graduate produced — our math, and the figure a payback number never shows.
Is South Plains College expensive compared with other Texas colleges?
Its $6,791 net price runs $12,568 below the $19,359 median across the 213 Texas colleges we profile, and $25,136 less across the full degree.