University of California-Santa Barbara vs North Carolina State University at Raleigh

Side-by-side ROI comparison using U.S. Department of Education data. Which school delivers a better financial return?

University of California-Santa Barbara leads by 3 points on ROI

ROI Score Comparison

University of California-Santa BarbaraPublic - Santa Barbara, CA
90
Exceptional Value
Earnings
94(0.62x)
Payback
93(5.1 yr)
Debt/Earn
92(0.33)
Completion
91(83%)
Repayment
67(79%)
87
Strong Value
Earnings
89(0.49x)
Payback
88(6.2 yr)
Debt/Earn
82(0.45)
Completion
93(85%)
Repayment
81(83%)

The Financial Comparison

University of California-Santa Barbara holds a 3-point ROI advantage over North Carolina State University at Raleigh, scoring 90/100 versus 87/100. That gap reflects meaningful differences in how costs, earnings, and debt stack up for graduates of each institution.

On cost, University of California-Santa Barbara comes in at $16,109 per year (net price after aid) versus $17,303 at North Carolina State University at Raleigh - a difference of $1,194 annually, or roughly $4,776 over four years.

Ten years after enrollment, University of California-Santa Barbara graduates earn a median of $74,915 compared to $68,758 at North Carolina State University at Raleigh. The payback period is 5.1 years at University of California-Santa Barbara versus 6.2 years at North Carolina State University at Raleigh.

Graduates leave University of California-Santa Barbara with a median $13,993 in debt versus $20,121 at North Carolina State University at Raleigh. The debt-to-earnings ratios are 0.33 and 0.45 respectively - financial advisors generally recommend staying below 1.0.

Head-to-Head Numbers

MetricUniversity of California-...North Carolina State Univ...
Cost
In-State Tuition$16,414$8,799
Out-of-State Tuition$50,614$32,847
Net Price (avg)$16,109$17,303
Total 4-Year Cost$64,436$69,212
Outcomes
Median Earnings (6yr)$42,800$45,000
Median Earnings (10yr)$74,915$68,758
Graduation Rate83.0%84.8%
Payback Period5.1 yr6.2 yr
Debt
Median Debt$13,993$20,121
Monthly Payment$148$213
Debt-to-Earnings0.330.45
3yr Repayment Rate79.3%83.4%
5yr Repayment Rate76.0%81.0%
Admissions
Acceptance Rate33.0%41.7%
Enrollment23,11327,371

Net Price by Family Income

Average annual net price after grants and scholarships, by household income bracket.

Family IncomeUniversity of Califo...North Carolina State...
$0-$30,000$9,231$6,382
$30,001-$48,000$9,992$8,758
$48,001-$75,000$12,588$13,334
$75,001-$110,000$17,136$20,087
$110,001+$31,863$24,652

Earnings by Major - Head to Head

Median earnings for majors offered at both schools. Green highlights the higher figure.

MajorUniversity of Califo...North Carolina State...
Computer Science$149,190$113,478
Computer Engineering$144,703$110,416
Electrical Engineering$117,215$102,178
Chemical Engineering$113,317$104,705
Mechanical Engineering$104,336$87,112
Mathematics$85,391$92,594
Statistics$90,778$85,090
Biochemistry and Molecular Biology$90,694$71,136
Microbiological Sciences and Immunology$90,061$64,510
Physics$85,219$51,590
Chemistry$74,713$76,978
International/Globalization Studies$66,127$73,362
Communication and Media Studies$72,976$62,039
Philosophy$71,796$58,285
International Relations$70,384$62,824

ROI Sub-Score Breakdown

ComponentUniversity of Califo...North Carolina State...
Earnings Premium (30%)9489
Payback Period (25%)9388
Debt / Earnings (20%)9282
Completion Rate (15%)9193
Repayment Rate (10%)6781
Overall ROI Score9087
Exceptional Value

The Verdict

These two schools are closely matched on financial outcomes. University of California-Santa Barbara edges out North Carolina State University at Raleigh by 3 points (90 vs 87), but the difference is small enough that major choice and individual circumstances will matter more than the school-level ROI difference. Run the numbers for your specific situation using the calculator below.

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90

University of California-Santa Barbara

Exceptional Value - Full profile and breakdown

87

North Carolina State University at Raleigh

Strong Value - Full profile and breakdown

Data from the U.S. Department of Education College Scorecard, as of 2024-2025. Earnings are measured 6 and 10 years after enrollment. Net prices reflect average aid for first-time, full-time students.See full methodology.