Converse University
Converse University — Earnings vs Cost (vs National Average)
Is Converse University Worth It?
At a value score of 23/100, Converse University is a below-average value relative to its cost. Graduates earn $40,867 — 24% below average — while paying $23,283/year. Consider alternatives with better earnings-to-cost ratios.
With a 2.3-year payback period, most graduates recoup their total cost of attendance relatively quickly.
A 54% graduation rate is a serious red flag — fewer than 5 in 10 students finish. Those who don't graduate may still carry student debt without the higher-earning credential to show for it.
With median debt of $27,000 representing 66% of first-year earnings, loan repayment will be a significant burden for most graduates.
Bottom line: consider whether the specific program you're interested in at Converse University has outcomes that justify the cost — the institution-wide numbers suggest caution.
How Converse University compares to peer private nonprofit colleges of similar tier nationally
Ranked #46 of 88 on value score. Peers are matched by size, median earnings, SAT, and admission rate — not just geography.
| Rank | College | Value | Net price / yr | Median earnings |
|---|---|---|---|---|
| #1 | Turtle Mountain College | 100 | $3,428 | $32,079 |
| #2 | Pillar College | 49 | $8,470 | $45,577 |
| #3 | Evangel University | 40 | $18,669 | $46,573 |
| #4 | Gardner-Webb University | 40 | $17,674 | $48,039 |
| #5 | Trevecca Nazarene University | 40 | $16,813 | $49,378 |
| #6 | Heritage University | 39 | $14,598 | $49,416 |
| #46 | Converse University | 23 | $23,283 | $40,867 |
Peer group: private nonprofit colleges within ±60% of Converse University's student body size and within a similar academic tier (SAT ±80, admit rate ±10pp, median earnings ±25%). 2 in SC.
Best Programs at Converse University
The highest-earning program at Converse University is Psychology, General at $19,800/year (4 years after graduation).
Your major matters more than the school name — a Psychology, General graduate from Converse University earns $19,800, while a Psychology, General graduate earns $19,800. Choose your program carefully — it's the single biggest lever you control.
Debt also varies by program: Psychology, General graduates carry $26,965 in median debt vs. $26,965 for Psychology, General.
Return on Investment
Estimated 4-Year Cost
Based on $23,283/yr net price × 4 years
Earnings Premium
vs. national average of $53,787/yr
Payback Period
Time to recoup the total cost through higher earnings
10-Year Net Gain
Median earnings over 10 years minus total cost of attendance
Programs & Earnings by Major
Graduate earnings data by field of study (4 years after graduation):
| Major | Earnings (4yr) | Earnings (1yr) | Median Debt |
|---|---|---|---|
| Psychology, General | $19,800 | $19,800 | $26,965 |
Similar Colleges in SC
Quick Facts
- Institution Type
- private
- Location
- Spartanburg, SC
- Student Body
- 1,173 students
- Admission Rate
- 68%
- Graduation Rate
- 54%
- Net Price (Annual)
- $23,283
- Median Earnings (10yr)
- $40,867
- Median Student Debt
- $27,000