Degree Dividend
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Southern Methodist University — ROI, Cost & Payback

Private nonprofit · Dallas, TX · 7,277 students

The verdict

Southern Methodist University charges a net price of $40,892/yr after aid — a 4-year total of $163,568. Graduates earn a median $78,354 ten years after entry, $29,994/yr above the $48,360 high-school baseline, clearing the total in 5.5 years — a 20-year net return of $436,312, a solid payback. (Scorecard, 2026 · our math.)

$40,892
Net price / yr
Scorecard, 2026
$78,354
Median earnings, 10 yrs
Scorecard, 2026
5.5 yrs
Payback
Our math, 2026
63%
Admission rate
Scorecard, 2026
Southern Methodist University: cost, earnings and payback
MeasureValueSource
Net price (after aid)$40,892/yrScorecard, 2026
Total net cost (4 yrs)$163,568our math
Median earnings, 10 yrs after entry$78,354Scorecard, 2026
Earnings premium over HS baseline$29,994/yrour math
Median debt (completers)$19,500Scorecard, 2026
Payback5.5 yrsour math
20-year net return$436,312our math

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

How we compute this. Payback = total net cost ÷ annual earnings premium, where the premium is median earnings 10 years after entry minus the $48,360 baseline (BLS 2024 median for a high-school-diploma worker 25+). Total net cost = net price × 4 years. We do not discount future dollars. The institution-wide earnings figure blends every major — a specific program's payback can be far better or worse. Full method on the methodology page.