Estimated Savings
Do the Math.
Fact:
The average Texas Tech University student in 2004 took 5.5 years (11 semesters) to graduate.
Fact:
The average out-of-pocket cost per semester for a Texas resident to attain a degree is $8,777 (tuition, fees, books, room and board, transportation).
Fact:
More than 70 percent of degrees at Texas Tech are designed to take four years to complete with a minimum semester course load of 15 hours.
Conclusion:
Students who spend 5.5 years getting a 4-year degree spend more than $26,300 extra for college and lose $45,000 or more in wages they would have earned after a timely graduation.