Degree Dividend
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Spokane Falls Community College vs Centralia College: which has better ROI?

Public, Spokane WA · vs · Public, Centralia 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 $38,955 at Spokane Falls Community College. (Scorecard, 2026 · our math.)

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Head to head
MeasureSpokane Falls Community CollegeCentralia College
Net price / yr$7,409$9,862
Total net cost$14,818$19,724
Median earnings, 10 yrs$38,955$43,140
Median debt$12,000
Payback
20-year net return-$202,918-$124,124

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

Which is cheaper, Spokane Falls Community College or Centralia College?

Spokane Falls Community College, at $7,409 a year after aid versus $9,862 — a gap of $2,453 a year, or $4,906 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.

Do Spokane Falls Community College or Centralia College graduates earn more?

Centralia College graduates report a median $43,140 ten years after entry, $4,185 more than the $38,955 at Spokane Falls Community College. 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 32% at Spokane Falls Community 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.

Spokane Falls Community College vs Centralia College: frequently asked questions

Is Spokane Falls Community College or Centralia College 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, Spokane Falls Community College or Centralia College?
Spokane Falls Community College: $7,409/yr net price after aid versus $9,862/yr at Centralia College — a difference of $2,453 a year, or about $4,906 over four years.
Do Spokane Falls Community College or Centralia College graduates earn more?
Centralia College graduates earn a median $43,140 ten years after entry, versus $38,955 at Spokane Falls Community College — a $4,185 gap. This blends every major, so a specific field can flip it.