Eastern Florida State College
Eastern Florida State College — Earnings vs Cost (vs National Average)
Eastern Florida State College at a Glance
Eastern Florida State College (EFSC) is a public college based in Cocoa, Florida. It is a member of the Florida College System and has additional campuses in Melbourne, Palm Bay, and Titusville, as well as a virtual campus.
1960
66 years old
$22M
$21.7 million (2024)
13,114
236
Identity
Is Eastern Florida State College Worth It?
Eastern Florida State College delivers solid financial returns for its graduates. At $6,440/year, it's priced 68% below average, while graduates go on to earn $37,195 — near the national average.
The investment pays for itself in just 0.7 years — among the fastest payback periods of any college we track.
A 52% 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.
Bottom line: Eastern Florida State College delivers strong financial returns that justify the investment for most students.
How Eastern Florida State College compares to peer public colleges of similar tier in FL
Ranked #15 of 111 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 | Modesto Junior College | 100 | $2,818 | $42,368 |
| #2 | Indian River State College | 100 | $3,815 | $38,315 |
| #3 | Henry Ford College | 100 | $660 | $34,795 |
| #4 | South Texas College | 100 | $1,751 | $36,788 |
| #5 | Pensacola State College | 91 | $3,957 | $36,739 |
| #6 | Shasta College | 89 | $2,878 | $39,269 |
| #15 | Eastern Florida State College | 75 | $6,440 | $37,195 |
Peer group: public colleges within ±60% of Eastern Florida State College's student body size and within a similar academic tier (SAT ±80, admit rate ±10pp, median earnings ±25%). 13 in FL.
Best Programs at Eastern Florida State College
The highest-earning program at Eastern Florida State College is Business Administration, Management and Operations at $34,700/year (4 years after graduation).
Your major matters more than the school name — a Business Administration, Management and Operations graduate from Eastern Florida State College earns $34,700, while a Business Administration, Management and Operations graduate earns $34,700. Choose your program carefully — it's the single biggest lever you control.
Debt also varies by program: Business Administration, Management and Operations graduates carry $18,000 in median debt vs. $18,000 for Business Administration, Management and Operations.
Return on Investment
Estimated 4-Year Cost
Based on $6,440/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 |
|---|---|---|---|
| Business Administration, Management and Operations | $34,700 | $34,700 | $18,000 |
Similar Colleges in FL
Quick Facts
- Institution Type
- public
- Location
- Melbourne, FL
- Student Body
- 10,490 students
- Graduation Rate
- 52%
- Net Price (Annual)
- $6,440
- Median Earnings (10yr)
- $37,195
- Median Student Debt
- $12,250