Anderson University vs Spartanburg Methodist College: which has better ROI?
Neither clears its cost on institution-wide earnings, but Spartanburg Methodist College comes closer — median earnings $42,895 against a $29,160 total, vs $42,101 at Anderson University. (Scorecard, 2026 · our math.)
| Measure | Anderson University | Spartanburg Methodist College |
|---|---|---|
| Net price / yr | $23,544 | $14,580 |
| Total net cost | $94,176 | $29,160 |
| Median earnings, 10 yrs | $42,101 | $42,895 |
| Median debt | $26,700 | $12,000 |
| Payback | — | — |
| 20-year net return | -$219,356 | -$138,460 |
College Scorecard (2026), institution-level · payback and returns are our math. Figures blend all majors.
Which is cheaper, Anderson University or Spartanburg Methodist College?
Spartanburg Methodist College, at $14,580 a year after aid versus $23,544 — a gap of $8,964 a year, or $65,016 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.
Do Anderson University or Spartanburg Methodist College graduates earn more?
Spartanburg Methodist College graduates report a median $42,895 ten years after entry, $794 more than the $42,101 at Anderson University. Both are institution-wide medians from federal tax records, so a high-paying major at the lower school can beat the average at the higher one.
Which leaves students with less debt, Anderson University or Spartanburg Methodist College?
Spartanburg Methodist College: its completers carry a median $12,000 in federal loans versus $26,700 at Anderson University, a difference of $14,700. The figure counts students who finished; it excludes private loans and anyone who left before graduating.
Which graduates more of its students?
66% of students finish at Anderson University, against 43% at Spartanburg Methodist College. Completion matters to the ROI arithmetic because a degree that is never finished still carries its cost and its debt, but earns none of the graduate premium above the $48,360 high-school baseline.