Degree Dividend
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Centralia College vs Carrington College-Spokane: which has better ROI?

Public, Centralia WA · vs · Private for-profit, Spokane WA

The verdict

Neither clears its cost on institution-wide earnings, but Centralia College comes closer — median earnings $43,140 against a $19,724 total, vs $36,625 at Carrington College-Spokane. (Scorecard, 2026 · our math.)

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Head to head
MeasureCentralia CollegeCarrington College-Spokane
Net price / yr$9,862$42,335
Total net cost$19,724$169,340
Median earnings, 10 yrs$43,140$36,625
Median debt$9,295
Payback
20-year net return-$124,124-$404,040

College Scorecard (2026), institution-level · payback and returns are our math. Figures blend all majors.

Which is cheaper, Centralia College or Carrington College-Spokane?

Centralia College, at $9,862 a year after aid versus $42,335 — a gap of $32,473 a year, or $149,616 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.

Do Centralia College or Carrington College-Spokane graduates earn more?

Centralia College graduates report a median $43,140 ten years after entry, $6,515 more than the $36,625 at Carrington College-Spokane. 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 graduates more of its students?

42% of students finish at Centralia College, against 42% at Carrington College-Spokane. 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.

Centralia College vs Carrington College-Spokane: frequently asked questions

Is Centralia College or Carrington College-Spokane a better value?
Centralia College comes closer, but neither clears its cost on institution-wide earnings — the field you study decides it here more than the school.
Which is cheaper, Centralia College or Carrington College-Spokane?
Centralia College: $9,862/yr net price after aid versus $42,335/yr at Carrington College-Spokane — a difference of $32,473 a year, or about $149,616 over four years.
Do Centralia College or Carrington College-Spokane graduates earn more?
Centralia College graduates earn a median $43,140 ten years after entry, versus $36,625 at Carrington College-Spokane — a $6,515 gap. This blends every major, so a specific field can flip it.