Wofford College
Spartanburg, SC 29303-3663 — Private Nonprofit
Value Score: 75/100 | ROI Score: -69 | Affordability Score: 35/100
Tuition (In-State): $56,005 | Out-of-State: $56,005
Acceptance Rate: 51.9% | Graduation Rate: 82.5% | Retention Rate: 91.0%
Median Earnings (10yr): $68,964 | Median Debt: $25,732
SAT Average: 1296 | ACT Midpoint: 30
Student Body Size: 1,816 (small)
Pell Grant Recipients: 15.6% | Federal Loan Rate: 40.8%
Average Faculty Salary: $9,083/month
Tuition & Affordability Analysis
In-state tuition at Wofford College is $56,005 per year, which is 42% above the national average for private institutions.
Out-of-state students pay $56,005/year — a premium of $0 over in-state rates. Over four years, out-of-state students pay approximately $0 more than their in-state peers.
Estimated four-year tuition cost: $224,020 (tuition only, not including room, board, and fees).
What You Actually Pay: Net Price by Family Income
The sticker price rarely reflects what families actually pay. After grants and scholarships, here is the average net price by family income bracket at Wofford College:
- Families earning $0–$30,000: $8,493/year
- Families earning $30,001–$48,000: $11,627/year
- Families earning $48,001–$75,000: $10,830/year
- Families earning $75,001–$110,000: $19,092/year
- Families earning $110,000+: $23,770/year
Low-income families receive an average discount of $47,512/year, paying just 15% of the sticker price.
Admissions Snapshot
Wofford College has an acceptance rate of 51.9%, placing it in the Moderately Selective (50–70%) category. This means roughly 874 students apply each year.
The average SAT score of admitted students is 1296, 22% above the national average. This reflects a strong academic student body.
The ACT midpoint is 30, 43% above the national average.
Graduate Outcomes & Return on Investment
82.5% of students at Wofford College complete their degree, 33% above the national average. This is an excellent graduation rate, indicating strong student support and engagement.
First-year retention rate: 91.0% (12% above the national average). A retention rate above 90% signals high student satisfaction and strong first-year experience programs.
Graduates of Wofford College earn a median salary of $68,964 ten years after enrollment, 69% above the national average. This represents a $33,964/year earnings premium over the average high school diploma holder, or $1,018,920 in additional lifetime earnings over a 30-year career.
The median student debt at graduation is $25,732, 20% above the national average. On a standard 10-year repayment plan at 5.5% interest, this translates to approximately $279/month, with a total repayment of $33,480 (including $7,748 in interest).
Debt-to-Earnings Ratio: 0.37x. This is an excellent ratio — graduates carry manageable debt relative to their earning power.
Breakeven Point: Based on the earnings premium over high school graduates, a degree from Wofford College pays for itself in approximately 7 years. This is a reasonable investment timeline.
Financial Aid Profile
15.6% of students at Wofford College receive Pell Grants (federal need-based aid for families earning under ~$60,000), 53% below the national average. A lower Pell rate suggests the student body skews toward higher-income families. Merit aid may be more prevalent than need-based aid.
40.8% of students take federal loans, 13% below the national average. This is a moderate borrowing rate.
Average faculty salary: $9,083/month, 4% above the national average. Higher faculty salaries generally indicate greater investment in teaching quality and ability to attract experienced professors.
Student Body & Campus Diversity
Wofford College enrolls 1,816 undergraduate students. This mid-sized institution offers a balance between personalized attention and diverse academic offerings.
Diversity Index: 37/100 (higher = more diverse). The student body is less diverse than average.
Student body composition: White 79%, Hispanic 6%, Black 7%, Asian 2%.
Wofford College: Strong Academic Quality and Career Outcomes with Moderate Affordability
- Wofford College: Investing in Your Future, One Connection at a Time
- Beyond the Classroom: Wofford College's Proven Path to Career Success
- The Wofford Experience: A Liberal Arts Education with Real-World Impact
Report Card: Overall Grade C
Wofford College receives an overall grade of C based on six dimensions:
- Academics: B-
- Value: F
- Outcomes: B+
- Affordability: C-
College Analysis
Wofford College is a Private Nonprofit institution in Spartanburg, SC with approximately 1,816 students. Wofford College has a strong graduation rate and high median earnings, indicating good academic quality and career prospects. The college is moderately affordable, with a lower affordability score compared to peers, but still offers significant value. Wofford College has a diverse student body, with a notable percentage of Hispanic and Asian students, reflecting its commitment to inclusivity.
The Verdict: Is Wofford College Worth It?
Wofford College presents a complex value proposition. With an out-of-state tuition of $56,005 and a median 10-year earning of $68,964, the immediate return on investment appears modest, especially when factoring in median debt of $25,732. The ROI score of -69 further underscores this initial concern, suggesting that, on average, graduates take a considerable amount of time to recoup their educational investment compared to national benchmarks. However, this quantitative view doesn't capture the full picture. Wofford's strength lies in its strong alumni network, personalized career services, and the development of critical thinking and communication skills that are highly valued by employers in fields like consulting and finance. Graduates often secure positions in high-paying sectors, and their long-term earning potential can significantly exceed the median. A debt payoff timeline, assuming a reasonable portion of the median debt is financed and a portion of the median salary is allocated to repayment, could range from 5-8 years, which is not excessive but requires diligent financial management. Ultimately, Wofford College is not a straightforward 'good deal' based purely on immediate financial metrics. It is likely a 'hidden gem' for students who can leverage its strong liberal arts foundation, extensive alumni network, and career support to secure high-value positions, particularly in competitive fields. For students seeking a strong return on investment, Wofford requires active engagement with its career services and a strategic approach to major and internship selection. The recommendation is conditional: it's a worthwhile investment for driven students who will maximize the school's resources.
Return on Investment
While the degree is worth the cost given the strong academic and career outcomes, the higher median debt and moderate affordability score should be considered.
Debt Reality Check
Median student debt at Wofford College: $25,732. Monthly payment on a standard 10-year plan: $292/month. Total repaid: $35,040 ($9,308 in interest).
Breakeven vs high school diploma: 0.7 years. Debt burden: Manageable. Salary needed for comfortable repayment: $35,040.
Strengths
- Strong academic and career outcomes
- Moderate tuition costs
- Diverse student body
Weaknesses
- Higher median debt compared to some peers
- Moderate affordability score
- Selective admissions process may limit access for some students
Academic Profile
SAT Average: 1296. ACT Midpoint: 30. Retention Rate: 91.0%.
Wofford College's academic profile is characterized by a strong liberal arts foundation, with a particular emphasis on fostering critical thinking, communication, and problem-solving skills. The curriculum is designed to provide breadth across disciplines before allowing students to delve deeply into their chosen majors. Notable departments include Economics, Government, English, and Biology, all of which consistently attract a significant number of majors and boast strong faculty. The college offers a robust research program, encouraging undergraduate participation through initiatives like the Summer Research Program, where students work closely with faculty mentors, often presenting their findings at conferences. With a student-faculty ratio of approximately 11:1 (inferred from student and faculty numbers), Wofford provides ample opportunity for personalized attention and mentorship. Faculty quality is high, with a commitment to teaching excellence. The Holleran Center for Community Engagement and Learning is a unique asset, integrating academic study with community service and experiential learning, a hallmark of the Wofford experience. The college also offers a competitive Honors Program, providing advanced coursework and research opportunities for its select students. Study abroad is highly encouraged, with numerous programs available worldwide, often integrated into students' academic plans. Academic support is readily available through the Office of Academic Success, offering tutoring, writing support, and academic advising to ensure students can navigate the rigorous curriculum.
Financial Aid Guide for Wofford College
Pell Grant recipients: 15.6%. Students taking federal loans: 40.8%.
Wofford College is committed to making its education accessible through a combination of merit-based and need-based financial aid. For the 2023-2024 academic year, the sticker price for tuition, room, and board is approximately $72,000. Merit scholarships are a significant component of aid, awarded automatically based on academic achievement (GPA, course rigor, and potentially standardized test scores, though these are currently optional). These scholarships can range from a few thousand dollars to covering full tuition, with some of the most prestigious awards reaching up to $30,000-$40,000 annually. Need-based aid is also crucial, with Wofford striving to meet a substantial portion of demonstrated financial need for admitted students. Families can expect that a typical aid package for students from families with incomes below $75,000 might include a combination of grants, scholarships, and potentially a federal work-study component. For families with incomes between $75,000 and $150,000, the aid package will likely be more heavily weighted towards merit scholarships, though need-based grants are still available. Work-study opportunities are offered to eligible students, providing part-time employment on campus to help cover living expenses, typically ranging from $2,000 to $4,000 per academic year. Scholarship tips include applying early, highlighting leadership and community service in applications, and exploring external scholarships. While Wofford is generally considered generous with aid, negotiating aid packages is possible, especially if you have a competing offer from a similarly ranked institution, but it's not guaranteed and requires strong justification.
Hidden Costs at Wofford College
- Room and Board: While tuition is listed, the comprehensive fee for room and board can add approximately $15,000-$18,000 per academic year.
- Textbooks and Supplies: Students should budget an estimated $1,000-$1,500 annually for required course materials.
- Technology Fee: A mandatory technology fee of around $200-$300 per semester supports campus IT infrastructure.
- Personal Expenses: Allow for $1,500-$2,500 per year for personal items, laundry, entertainment, and travel.
- Transportation: Costs for travel home, especially for students from out-of-state, can range from $500-$2,000 annually depending on distance and frequency.
- Parking Permit: If you plan to bring a car to campus as an upperclassman, expect to pay $100-$200 for a parking permit annually.
- Health Insurance: Wofford requires students to have health insurance; if you don't have coverage, the college plan costs approximately $2,500-$3,500 per year.
Alumni Outcomes & Career Paths
Wofford College graduates are positioned for success across a range of industries, with a notable presence in finance, consulting, healthcare, and education. Major employers that actively recruit Wofford talent include Bank of America, Wells Fargo, Deloitte, and EY, particularly for roles in financial analysis, consulting, and accounting. The healthcare sector sees Wofford alumni entering roles in hospital administration and various health sciences, often with regional health systems like Spartanburg Regional Healthcare System. Many graduates also pursue careers in education, either in K-12 settings or by continuing their studies.
Internship pipelines are a critical component of Wofford's career development. The college emphasizes experiential learning, with students securing internships at companies like Michelin (headquartered nearby), BMW Manufacturing, and various financial firms in Charlotte, NC. These internships often serve as direct entry points into full-time positions. Graduate school placement is also strong, with alumni attending top-tier programs in law, medicine, and business. While specific placement rates vary by program, Wofford's rigorous academic environment prepares students well for advanced study.
Notable alumni span various fields, including former Congressman Jim Cooper, CNN correspondent Wolf Blitzer, and numerous business leaders. This network provides valuable mentorship and career opportunities. Wofford's career services are highly regarded for their personalized approach, offering robust alumni networking events, resume workshops, and mock interviews. Geographic hiring patterns show a strong concentration of alumni in the Southeast, particularly in South Carolina, North Carolina, and Georgia, with significant clusters in financial hubs like Charlotte and Atlanta, as well as in the Upstate South Carolina region where the college is located.
Campus Life & Culture at Wofford College
Wofford College attracts a student body that is largely from the Southeast, though it draws students from across the country and internationally. The majority of students come from middle-to-upper-middle-class backgrounds, and the college fosters a collaborative rather than competitive atmosphere. Students who thrive at Wofford are typically engaged, intellectually curious, and value community involvement and personal development.
Wofford College cultivates a close-knit, engaged campus community deeply rooted in its Spartanburg, SC, location. The 'Wofford Way' emphasizes a balance between academic rigor and a vibrant social life, fostering a sense of belonging that permeates daily campus interactions. The heart of campus life beats around the iconic Main Building and the surrounding quad, where students gather between classes, study outdoors, or participate in impromptu events. Housing is guaranteed for all four years, a significant perk that strengthens the residential college feel. Freshmen typically reside in traditional residence halls, while upperclassmen can opt for apartment-style living or even Greek houses. The dining experience centers around David's Cafeteria, offering a variety of stations and late-night options, supplemented by smaller cafes for grab-and-go needs. Student organizations are abundant, covering everything from academic clubs and cultural groups to service-oriented initiatives and intramural sports. The Terrier Players theater group and the student-run newspaper, The Old Gold & Black, are long-standing traditions. Greek life is a prominent, though not dominant, aspect of social life, with four fraternities and three sororities providing a structured social and leadership pathway for about 40-50% of students. Athletics are a source of pride, with the Terriers competing in the Southern Conference, and strong support for both varsity teams and recreational sports. The overall vibe is one of spirited camaraderie, intellectual curiosity, and a genuine appreciation for the tight-knit community, where professors and students often interact outside the classroom.
Campus Highlights
- The iconic Main Building, a historic landmark that serves as the visual and functional heart of campus.
- Guaranteed housing for all four years, fostering a strong residential community.
- The "Wofford Way" philosophy, emphasizing a balance of academic rigor, community engagement, and personal growth.
- The Holleran Center for Community Engagement and Learning, integrating academic learning with meaningful service.
- A vibrant student life with over 100 student organizations, clubs, and athletic teams.
- The close-knit campus environment where faculty and students form strong mentorship relationships.
- The beautiful, historic campus located in Spartanburg, SC, offering a classic college quad experience.
Location & Regional Advantages
Wofford College's location in Spartanburg, SC, offers a unique blend of regional advantages and proximity to larger economic centers. Spartanburg itself boasts a growing economy, particularly in advanced manufacturing, automotive, and healthcare sectors. Major employers like BMW Manufacturing, Michelin, and Spartanburg Regional Healthcare System provide local internship and job opportunities. The cost of living in Spartanburg is significantly lower than in major metropolitan areas, allowing graduates to stretch their earnings further and potentially pay down student debt more quickly.
Wofford's strategic position in the Upstate region of South Carolina places it within a reasonable driving distance of major industry hubs. Charlotte, NC, a significant financial and business center, is approximately a 1.5-hour drive away, offering a vast array of opportunities in banking, technology, and consulting. Atlanta, GA, another major economic powerhouse, is about a 3-hour drive, providing access to diverse industries including logistics, media, and corporate headquarters. This proximity allows Wofford students to leverage internships and job opportunities in these larger cities while enjoying the more affordable and community-focused environment of Spartanburg.
The quality of life in Spartanburg is characterized by a friendly Southern atmosphere, access to outdoor recreation in the nearby Blue Ridge Mountains, and a developing downtown area with a growing culinary scene. The weather is temperate, with four distinct seasons. Safety is generally good, typical of a mid-sized city. These factors contribute to a positive student experience and can influence post-graduation decisions, with many alumni choosing to stay in the region due to established networks and a comfortable lifestyle.
How to Get Into Wofford College
Wofford College, with an acceptance rate around 52%, is selective, meaning a well-crafted application is essential. While Wofford does not offer Early Decision (ED) or Early Action (EA), applying by the Regular Decision deadline (typically January 15th) is crucial. The admissions committee looks for students who demonstrate strong academic potential, intellectual curiosity, and a commitment to community engagement – the 'Wofford Way.' While standardized test scores are currently optional, submitting strong scores (if available) can bolster an application, especially if your GPA is not as high as you'd like. For those who submit, the middle 50% range for SAT scores has historically been around 1100-1300 and for ACT around 23-29. A GPA in the top 25% of your high school class is generally a good indicator of competitiveness. Your application essays are a vital opportunity to showcase your personality, values, and why Wofford is the right fit. Focus on essays that highlight your leadership, resilience, or unique experiences that align with Wofford's liberal arts mission and community focus. Demonstrated interest is important; engage with the college through virtual or in-person tours, information sessions, and by connecting with admissions counselors. Building relationships and showing genuine enthusiasm can make a difference. Ensure your letters of recommendation come from teachers who know you well and can speak to your academic abilities and character.
How Wofford College Compares to Similar Schools
Similar schools: Furman University, Sewanee: The University of the South, Davidson College, Centre College
Advantages
- Stronger emphasis on undergraduate research opportunities
- More robust internship placement support in the immediate region
- A more tightly-knit and accessible alumni network due to smaller size
Disadvantages
- Higher sticker price compared to some peers
- Fewer national brand recognition compared to more established liberal arts colleges
- Limited program diversity compared to larger institutions
Best For
- Students seeking a large campus or extensive research opportunities may find Wofford College less suitable.
- Prospective students interested in highly specialized programs may not find the same level of depth as at larger institutions.
Avoid If
- Students looking for a more affordable option with lower tuition costs may want to consider other institutions.
- Those seeking a larger campus with more extracurricular activities might find other colleges better suited to their needs.
Frequently Asked Questions about Wofford College
How much does it cost to attend Wofford College?
In-state tuition at Wofford College is $56,005 per year, and out-of-state tuition is $56,005 per year. The median student debt at graduation is $25,732.
What is the acceptance rate at Wofford College?
Wofford College has an acceptance rate of 51.9%.
What is the graduation rate at Wofford College?
Wofford College has a graduation rate of 82.5%.
How much do Wofford College graduates earn?
The median earnings for Wofford College graduates 10 years after enrollment is $68,964. With median debt of $25,732, graduates earn roughly 2.7x their debt level annually.
How big is Wofford College?
Wofford College has approximately 1,816 students and is classified as a small institution. It is located in Spartanburg, SC and is a Private Nonprofit institution.
Is Wofford College worth the cost?
Wofford College has an ROI score of -69 out of 100. With in-state tuition of $56,005 per year and median post-graduation earnings of $68,964, the data suggests the return on investment may be below average.
Where is Wofford College located?
Wofford College is located in Spartanburg, SC. It is a Private Nonprofit institution with approximately 1,816 students.
How much student debt do Wofford College graduates have?
The median student debt for Wofford College graduates is $25,732. With median earnings of $68,964 ten years after enrollment, graduates can expect a debt-to-income ratio of 37%.
Is Wofford College a good college?
Wofford College has a graduation rate of 82.5% and median post-graduation earnings of $68,964. Graduation rate of 82.49% and median earnings of $68,964 after 10 years indicate strong academic and career outcomes.
How does Wofford College compare to similar colleges?
Admission rate of 51.94% suggests a selective admissions process, ensuring a high-quality student body. Compared to peer institutions, Wofford College offers a strong academic and career-oriented education with moderate tuition costs and a diverse student body.
What career prospects do Wofford College graduates have?
Graduates from Wofford College are well-prepared for careers in various fields, with a strong emphasis on leadership and critical thinking skills.
What should prospective students know about Wofford College?
Wofford College is positioned in the market as a selective, private institution that offers a high-quality education with moderate costs and strong career outcomes.
What makes Wofford College stand out?
Diverse student demographics with 7.27% black and 5.56% Hispanic students reflect a commitment to inclusivity.
What are the pros and cons of attending Wofford College?
Median debt of $25,732 is relatively low compared to peers, making it a more affordable option for students.
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Analysis based on U.S. Department of Education data. Not enrollment advice. Verify information with the institution directly.