Springfield College — ROI, Cost & Payback
Springfield College charges a net price of $30,587/yr after aid — a 4-year total of $122,348. Median earnings ten years after entry are $48,036, 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, Springfield College does not clear its cost — it ranks #69 of 85 Massachusetts colleges we track by ROI. The specific program you pick moves this more than the school average.
| Measure | Value | Source |
|---|---|---|
| Net price (after aid) | $30,587/yr | Scorecard, 2026 |
| Total net cost (4 yrs) | $122,348 | our math |
| Median earnings, 10 yrs after entry | $48,036 | Scorecard, 2026 |
| Earnings premium over HS baseline | -$324/yr | our math |
| Median debt (completers) | $26,250 | Scorecard, 2026 |
| Payback | does not clear | our math |
| 20-year net return | -$128,828 | our math |
College Scorecard (2026 release), institution-level · payback and returns are our math.
The arithmetic, on Springfield College's own numbers. Net price $30,587 × 4 years = $122,348 total. Median earnings $48,036 fall $324 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 $122,348 bill in about 12.2 years — the gap, not the price, is what blocks payback. Full method.
How much debt do Springfield College students graduate with?
A median $26,250 in federal loans among completers, or 55% of the $48,036 its graduates earn ten years out — our math. The figure excludes private loans and students who left before finishing.
What share of Springfield College students graduate?
74% finish their degree. Spread the $122,348 bill across that completion rate and the cohort pays $165,335 per graduate produced — our math, and the figure a payback number never shows.
Is Springfield College expensive compared with other Massachusetts colleges?
Its $30,587 net price runs $5,704 above the $24,883 median across the 85 Massachusetts colleges we profile, or $22,816 more across the full degree.