Texas Tech University
Lubbock, Texas · Public · 72.7% acceptance rate
ROI Score: 76/100 · Strong Value
Texas Tech University
Strong ValueQuick Numbers
| In-state tuition + fees | $11,852/yr |
| Out-of-state tuition + fees | $24,451/yr |
| Average net price | $19,070/yr |
| Total 4-year cost (net) | $76,280 |
| Median earnings (10yr post-entry) | $62,454 |
| Median earnings (6yr post-entry) | $46,800 |
| Median debt at graduation | $21,500 |
| Estimated monthly loan payment | $228 |
| Estimated payback period | 7.9 years |
| 6-year graduation rate | 68.7% |
| Undergraduate enrollment | 32,394 |
Data as of 2024-2025. Source: College Scorecard API (U.S. Department of Education).
Net Price by Family Income
What families actually pay after grants and scholarships, by income bracket.
| Family Income | Avg Net Price/Year |
|---|---|
| $0 - $30,000 | $12,457 |
| $30,001 - $48,000 | $13,851 |
| $48,001 - $75,000 | $17,058 |
| $75,001 - $110,000 | $22,073 |
| $110,001+ | $24,622 |
Earnings by Major
Top 10 most popular majors at Texas Tech University with available earnings data.
| Major | Median Earnings | Grade |
|---|---|---|
| Business Administration, Management, and Operations | $75,702 | B |
| Psychology | $53,051 | C |
| Marketing | $72,953 | B |
| Family and Consumer Sciences | $56,117 | D |
| Finance and Financial Management | $86,795 | B |
| Computer and Information Sciences | $113,062 | B+ |
| Public Relations, Advertising, and Applied Communication | $62,247 | C+ |
| Mechanical Engineering | $98,113 | B+ |
| Liberal Arts and Sciences | $58,375 | D |
| Biology | $57,789 | D |
Earnings reflect median 4-year post-completion (or 1-year where 4-year unavailable). Grades based on debt-to-earnings ratio.
The Full Financial Picture
The sticker price at Texas Tech University is $11,852/year ($24,451/year out-of-state). But sticker price isn't what most students pay. After grants, scholarships, and financial aid, the average student pays a net price of $19,070/year, or roughly $76,280 over four years.
That net price varies significantly by family income. The lowest-income families (under $30,000/year) pay an average of $12,457/year, while families earning over $110,000 pay $24,622/year.
The median graduate leaves with $21,500 in federal loan debt, translating to an estimated monthly payment of $228 on a standard 10-year repayment plan. Against median earnings of $62,454 ten years out, the debt-to-earnings ratio is 0.46 - well within manageable territory.
How Graduates Do
Earnings
Loan Repayment
| Metric | This School | Nat'l Avg |
|---|---|---|
| 1-year repayment | 73.4% | 52.0% |
| 3-year repayment | 77.7% | 62.0% |
| 5-year repayment | 71.8% | 68.0% |
| 7-year repayment | 78.7% | 72.0% |
Completion Rate
Admissions Snapshot
| Acceptance rate | 72.7% |
| SAT Math (25th-75th) | 540-640 |
| SAT Reading (25th-75th) | 550-640 |
| ACT Composite (25th-75th) | 23-28 |
| Enrollment | 32,394 |
| Pell Grant recipients | 27.8% |
| Avg faculty salary (monthly) | $11,757 |
Compared to Similar Schools
Peer institutions matched by type, size, and selectivity.
| School | ROI | Net Price | 10yr Earnings |
|---|---|---|---|
| Texas Tech University (this school) | 76 | $19,070 | $62,454 |
| University of Colorado Boulder | 80 | $25,346 | $69,738 |
| Louisiana State University and Agricultural & Mechanical College | 76 | $19,151 | $61,251 |
| Oregon State University | 75 | $19,604 | $64,010 |
| Angelo State University | 49 | $15,091 | $50,116 |
| Texas A & M University-Corpus Christi | 48 | $15,225 | $51,865 |
The Verdict: The Investment Pays Off
Texas Tech University delivers above-average financial returns for its graduates. At a net cost of $19,070 per year ($76,280 over four years), graduates earn a median of $62,454 ten years after enrollment. That puts the payback period at roughly 7.9 years - a solid return on the investment.
The data highlights several strengths: strong earnings premium over high school graduates, a 68.7% graduation rate, manageable debt relative to earnings.
Median debt of $21,500 against $62,454 in earnings is reasonable, though major choice matters significantly. Students in higher-earning programs will see better returns.
Rankings & Links
Guides & Tools
Data: College Scorecard API (U.S. Department of Education)
Vintage: 2024-2025 · Last updated: 2026-03-25
Earnings reflect median outcomes for all federal financial aid recipients. Individual results vary by major, effort, and career path.