Degree Dividend
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University of Arkansas-Fort Smith vs Arkansas State University Mid-South: which has better ROI?

Public, Fort Smith AR · vs · Public, West Memphis AR

The verdict

Neither clears its cost on institution-wide earnings, but University of Arkansas-Fort Smith comes closer — median earnings $41,102 against a $21,148 total, vs $31,857 at Arkansas State University Mid-South. (Scorecard, 2026 · our math.)

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Head to head
MeasureUniversity of Arkansas-Fort SmithArkansas State University Mid-South
Net price / yr$10,574$5,427
Total net cost$21,148$21,708
Median earnings, 10 yrs$41,102$31,857
Median debt$18,250
Payback
20-year net return-$166,308-$351,768

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

Which is cheaper, University of Arkansas-Fort Smith or Arkansas State University Mid-South?

Arkansas State University Mid-South, at $5,427 a year after aid versus $10,574 — a gap of $5,147 a year, or $560 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.

Do University of Arkansas-Fort Smith or Arkansas State University Mid-South graduates earn more?

University of Arkansas-Fort Smith graduates report a median $41,102 ten years after entry, $9,245 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 38% at University of Arkansas-Fort Smith. 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.

University of Arkansas-Fort Smith vs Arkansas State University Mid-South: frequently asked questions

Is University of Arkansas-Fort Smith or Arkansas State University Mid-South a better value?
University of Arkansas-Fort Smith 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, University of Arkansas-Fort Smith or Arkansas State University Mid-South?
Arkansas State University Mid-South: $5,427/yr net price after aid versus $10,574/yr at University of Arkansas-Fort Smith — a difference of $5,147 a year, or about $560 over four years.
Do University of Arkansas-Fort Smith or Arkansas State University Mid-South graduates earn more?
University of Arkansas-Fort Smith graduates earn a median $41,102 ten years after entry, versus $31,857 at Arkansas State University Mid-South — a $9,245 gap. This blends every major, so a specific field can flip it.