Newberry College
Newberry College — Earnings vs Cost (vs National Average)
Newberry College at a Glance
Newberry College is a private Lutheran college in Newberry, South Carolina. As of 2023, it had 1,521 students.
1856
170 years old
$17M
$17.3 million (2018)
1,521
90 acres
Identity
Is Newberry College Worth It?
At a value score of 25/100, Newberry College is a below-average value relative to its cost. Graduates earn $48,040 — 11% below average — while paying $21,656/year. Consider alternatives with better earnings-to-cost ratios.
The investment pays for itself in just 1.8 years — among the fastest payback periods of any college we track.
A 45% graduation rate is a serious red flag — fewer than 4 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 $26,805 representing 56% 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 Newberry College has outcomes that justify the cost — the institution-wide numbers suggest caution.
How Newberry College compares to peer private nonprofit colleges of similar tier in SC
Ranked #127 of 179 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 | Saint Mary's University of Minnesota | 83 | $11,704 | $58,170 |
| #2 | Christian Brothers University | 81 | $9,854 | $57,478 |
| #3 | Andrews University | 73 | $12,547 | $53,187 |
| #4 | Saint Peter's University | 72 | $12,199 | $57,815 |
| #5 | Trinity Washington University | 67 | $9,302 | $53,804 |
| #6 | Albion College | 61 | $14,301 | $58,799 |
| #127 | Newberry College | 25 | $21,656 | $48,040 |
Peer group: private nonprofit colleges within ±60% of Newberry College's student body size and within a similar academic tier (SAT ±80, admit rate ±10pp, median earnings ±25%). 5 in SC.
Best Programs at Newberry College
Program-level earnings data isn't available for Newberry College. When evaluating whether to attend, research outcomes for your specific major using the Department of Education's College Scorecard or ask the admissions office for placement rates.
As a general rule: STEM, nursing, accounting, and computer science programs tend to deliver the strongest ROI regardless of institution. Humanities and arts programs can still be worthwhile, but require more intentional career planning to achieve financial payoff.
Return on Investment
Estimated 4-Year Cost
Based on $21,656/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
Similar Colleges in SC
Quick Facts
- Institution Type
- private
- Location
- Newberry, SC
- Student Body
- 1,479 students
- Admission Rate
- 90%
- Graduation Rate
- 45%
- Net Price (Annual)
- $21,656
- Median Earnings (10yr)
- $48,040
- Median Student Debt
- $26,805