Degree Dividend
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Texas Tech University — ROI, Cost & Payback

Public · Lubbock, TX · 32,394 students

The verdict

Texas Tech University charges a net price of $19,070/yr after aid — a 4-year total of $76,280. Graduates earn a median $62,454 ten years after entry, $14,094/yr above the $48,360 high-school baseline, clearing the total in 5.4 years — a 20-year net return of $205,600, a solid payback. (Scorecard, 2026 · our math.)

$19,070
Net price / yr
Scorecard, 2026
$62,454
Median earnings, 10 yrs
Scorecard, 2026
5.4 yrs
Payback
Our math, 2026
73%
Admission rate
Scorecard, 2026
Texas Tech University: cost, earnings and payback
MeasureValueSource
Net price (after aid)$19,070/yrScorecard, 2026
Total net cost (4 yrs)$76,280our math
Median earnings, 10 yrs after entry$62,454Scorecard, 2026
Earnings premium over HS baseline$14,094/yrour math
Median debt (completers)$21,500Scorecard, 2026
Payback5.4 yrsour math
20-year net return$205,600our 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.