Philander Smith University vs Arkansas State University Mid-South: which has better ROI?
Neither clears its cost on institution-wide earnings, but Philander Smith University comes closer — median earnings $38,427 against a $56,896 total, vs $31,857 at Arkansas State University Mid-South. (Scorecard, 2026 · our math.)
| Measure | Philander Smith University | Arkansas State University Mid-South |
|---|---|---|
| Net price / yr | $14,224 | $5,427 |
| Total net cost | $56,896 | $21,708 |
| Median earnings, 10 yrs | $38,427 | $31,857 |
| Median debt | $24,736 | — |
| Payback | — | — |
| 20-year net return | -$255,556 | -$351,768 |
College Scorecard (2026), institution-level · payback and returns are our math. Figures blend all majors.
Which is cheaper, Philander Smith University or Arkansas State University Mid-South?
Arkansas State University Mid-South, at $5,427 a year after aid versus $14,224 — a gap of $8,797 a year, or $35,188 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.
Do Philander Smith University or Arkansas State University Mid-South graduates earn more?
Philander Smith University graduates report a median $38,427 ten years after entry, $6,570 more than the $31,857 at Arkansas State University Mid-South. 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?
58% of students finish at Arkansas State University Mid-South, against 30% at Philander Smith University. 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.