Louisville, KY · Private University
Is Spalding University Worth It?
ROI analysis based on real earnings and cost data
Key Numbers
10-Year Earnings
$49,438
median, 10 years after enrollment
In-State Tuition
$27,850
per year
Out-of-State Tuition
$27,850
per year
Total 4-Year Cost
$111,400
tuition only (4 years)
ROI Ratio
1.77x
earnings ÷ annual tuition
Payback Period
7.7 yrs
years to recoup total cost
Graduation Rate
57.3%
6-year graduation rate
Median Debt
$25,250
at graduation
Avg Net Price
$24,264
after aid & scholarships
Earnings vs. Annual Cost
10-year median earnings compared to annual tuition
Spalding University graduates earn $4,438 more than the national median of workers with any education level.
What You'd Actually Pay
Average net price after grants and scholarships, by family income
Source: IPEDS net price data. Actual costs vary based on individual financial circumstances.
Highest-Earning Majors
Top programs at Spalding University ranked by graduate earnings
114 graduates
37 graduates
22 graduates
16 graduates
35 graduates
Earnings shown are 4-year post-graduation medians where available, otherwise 1-year medians.
ROI by Major at Spalding University
All available majors ranked by graduate earnings. Your major matters as much as your school.
| Major | Earnings | ROI |
|---|---|---|
| Registered Nursing, Nursing Administration, Nursing Research and Clinical NursingBest ROI | $61,559 | 2.2x |
| Business/Commerce, General | $47,782 | 1.7x |
| Psychology, General | $39,085 | 1.4x |
| Health Services/Allied Health/Health Sciences, GeneralLowest(1yr data) | $33,822 | 1.2x |
Earnings are 4-year post-graduation medians where available, otherwise 5-year or 1-year. ROI = earnings ÷ annual tuition.
The Bottom Line
Spalding University offers solid financial returns relative to its cost. Graduates earn $49,438 10 years after starting, $4,438 above the national median of $45,000. Graduates typically break even on their investment within 7.7 years, a reasonable timeline.
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Earnings data from the U.S. Department of Education College Scorecard. Tuition data from IPEDS. ROI calculations are for informational purposes only and reflect median outcomes.