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University of California-Santa Barbara vs San Francisco State University: which has better ROI?

Public, Santa Barbara CA · vs · Public, San Francisco CA

The verdict

University of California-Santa Barbara has the better ROI: it clears its 4-year net cost of $64,436 in 2.4 years versus 2.5 years at San Francisco State University, on median earnings of $74,915 vs $68,077 ten years out. (Scorecard, 2026 · our math.)

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Head to head
MeasureUniversity of California-Santa BarbaraSan Francisco State University
Net price / yr$16,109$12,278
Total net cost$64,436$49,112
Median earnings, 10 yrs$74,915$68,077
Median debt$13,993$15,371
Payback2.4 yrs2.5 yrs
20-year net return$466,664$345,228

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

Which is cheaper, University of California-Santa Barbara or San Francisco State University?

San Francisco State University, at $12,278 a year after aid versus $16,109 — a gap of $3,831 a year, or $15,324 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 California-Santa Barbara or San Francisco State University graduates earn more?

University of California-Santa Barbara graduates report a median $74,915 ten years after entry, $6,838 more than the $68,077 at San Francisco State 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, University of California-Santa Barbara or San Francisco State University?

University of California-Santa Barbara: its completers carry a median $13,993 in federal loans versus $15,371 at San Francisco State University, a difference of $1,378. The figure counts students who finished; it excludes private loans and anyone who left before graduating.

Which graduates more of its students?

83% of students finish at University of California-Santa Barbara, against 50% at San Francisco State 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.

University of California-Santa Barbara vs San Francisco State University: frequently asked questions

Is University of California-Santa Barbara or San Francisco State University a better value?
University of California-Santa Barbara. It clears its $64,436 net cost in about 2.4 years versus 2.5 years at San Francisco State University, on median earnings of $74,915 vs $68,077 ten years out.
Which is cheaper, University of California-Santa Barbara or San Francisco State University?
San Francisco State University: $12,278/yr net price after aid versus $16,109/yr at University of California-Santa Barbara — a difference of $3,831 a year, or about $15,324 over four years.
Do University of California-Santa Barbara or San Francisco State University graduates earn more?
University of California-Santa Barbara graduates earn a median $74,915 ten years after entry, versus $68,077 at San Francisco State University — a $6,838 gap. This blends every major, so a specific field can flip it.