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Texas Tech University vs Southern Methodist University: which has better ROI?

Public, Lubbock TX · vs · Private nonprofit, Dallas TX

The verdict

Texas Tech University has the better ROI: it clears its 4-year net cost of $76,280 in 5.4 years versus 5.5 years at Southern Methodist University, on median earnings of $62,454 vs $78,354 ten years out. (Scorecard, 2026 · our math.)

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Head to head
MeasureTexas Tech UniversitySouthern Methodist University
Net price / yr$19,070$40,892
Total net cost$76,280$163,568
Median earnings, 10 yrs$62,454$78,354
Median debt$21,500$19,500
Payback5.4 yrs5.5 yrs
20-year net return$205,600$436,312

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

Which is cheaper, Texas Tech University or Southern Methodist University?

Texas Tech University, at $19,070 a year after aid versus $40,892 — a gap of $21,822 a year, or $87,288 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.

Do Texas Tech University or Southern Methodist University graduates earn more?

Southern Methodist University graduates report a median $78,354 ten years after entry, $15,900 more than the $62,454 at Texas Tech 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, Texas Tech University or Southern Methodist University?

Southern Methodist University: its completers carry a median $19,500 in federal loans versus $21,500 at Texas Tech University, a difference of $2,000. The figure counts students who finished; it excludes private loans and anyone who left before graduating.

Which graduates more of its students?

84% of students finish at Southern Methodist University, against 69% at Texas Tech 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.

Texas Tech University vs Southern Methodist University: frequently asked questions

Is Texas Tech University or Southern Methodist University a better value?
Texas Tech University. It clears its $76,280 net cost in about 5.4 years versus 5.5 years at Southern Methodist University, on median earnings of $62,454 vs $78,354 ten years out.
Which is cheaper, Texas Tech University or Southern Methodist University?
Texas Tech University: $19,070/yr net price after aid versus $40,892/yr at Southern Methodist University — a difference of $21,822 a year, or about $87,288 over four years.
Do Texas Tech University or Southern Methodist University graduates earn more?
Southern Methodist University graduates earn a median $78,354 ten years after entry, versus $62,454 at Texas Tech University — a $15,900 gap. This blends every major, so a specific field can flip it.