2023 best colleges in Arkansas

Students will find a memorial of each graduated student since the late 1800s at the University of Arkansas’s Senior Walk, but that’s not the school’s only asset. U of A ranks among the top schools in regard to the number of graduates working at Fortune 500 companies. For sports fans, Arkansas State University is home to the Red Wolves, which compete in the Division I Sun Belt Conference. While options for liberal arts schools are limited, Lyon College offers solid academic programs and a pet-friendly campus, including pet-inclusive facilities and on-campus pet training programs.

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Net cost: The median annual cost of all students that receive any aid. This does not refer to the “sticker price”, the price listed by the college.

Earnings: The median earnings of all bachelor-level students 10 years after enrollment. This includes both students that do and do not graduate, across all majors.

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Rankings: The ranking order is based on the economic score.The economic score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better.

Net cost
Payback
Earnings
EarningsPlus
Rankings
Ranking methodology
#1 in Arkansas | #139 in National Universities

University of Arkansas

Fayetteville, Arkansas

Economic score: 2.50

The Economic Score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

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Net cost: $16,507

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 2.7 years

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

Earnings: $51,702

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: + $3,074

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Admission rate: 83%
Graduation rate: 66%

Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (48%) are not ranked and are displayed at the end of the ranking list.

#2 in Arkansas

John Brown University

Siloam Springs, Arkansas

Economic score: 3.22

The Economic Score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

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Net cost: $21,957

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 3.3 years

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

Earnings: $51,785

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: + $1,899

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Admission rate: 53%
Graduation rate: 70%

Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (48%) are not ranked and are displayed at the end of the ranking list.

#3 in Arkansas | #301 in National Universities

Harding University

Searcy, Arkansas

Economic score: 3.87

The Economic Score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

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Net cost: $19,456

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 3.8 years

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

Earnings: $47,520

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: - $1,420

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Admission rate: 54%
Graduation rate: 67%

Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (48%) are not ranked and are displayed at the end of the ranking list.

#4 in Arkansas | #104 in Liberal Arts

Hendrix College

Conway, Arkansas

Economic score: 3.90

The Economic Score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

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Net cost: $19,746

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 3.7 years

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

Earnings: $45,626

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: - $2,232

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Admission rate: 68%
Graduation rate: 71%

Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (48%) are not ranked and are displayed at the end of the ranking list.

#5 in Arkansas | #128 in Liberal Arts

Ouachita Baptist University

Arkadelphia, Arkansas

Economic score: 4.56

The Economic Score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

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Net cost: $20,639

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 4 years

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

Earnings: $44,927

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: - $5,347

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Admission rate: 74%
Graduation rate: 62%

Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (48%) are not ranked and are displayed at the end of the ranking list.

#6 in Arkansas | #354 in National Universities

Arkansas State University

Jonesboro, Arkansas

Economic score: 4.57

The Economic Score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

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Net cost: $14,189

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 4.3 years

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

Earnings: $37,755

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: - $3,027

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Admission rate: 63%
Graduation rate: 56%

Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (48%) are not ranked and are displayed at the end of the ranking list.

#7 in Arkansas

University of the Ozarks

Clarksville, Arkansas

Economic score: 4.95

The Economic Score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

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Net cost: $14,323

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 4.1 years

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

Earnings: $39,347

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: - $7,523

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Admission rate: 55%
Graduation rate: 53%

Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (48%) are not ranked and are displayed at the end of the ranking list.

#8 in Arkansas | #138 in Liberal Arts

Lyon College

Batesville, Arkansas

Economic score: 5.42

The Economic Score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

View school
Net cost: $20,706

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 4.4 years

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

Earnings: $43,343

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: - $6,060

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Admission rate: 27%
Graduation rate: 54%

Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (48%) are not ranked and are displayed at the end of the ranking list.

#9 in Arkansas

Philander Smith College

Little Rock, Arkansas

Economic score: 7.26

The Economic Score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

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Net cost: $14,046

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 5.2 years

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

Earnings: $35,583

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: - $12,559

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Admission rate: N/A
Graduation rate: 53%

Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (48%) are not ranked and are displayed at the end of the ranking list.

Economic score: 3.33

The Economic Score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

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Net cost: $9,062

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 3 years

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

Earnings: $37,613

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: - $3,648

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Admission rate: N/A
Graduation rate: 41%

Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (48%) are not ranked and are displayed at the end of the ranking list.

Arkansas Tech University

Russellville, Arkansas

Economic score: 3.76

The Economic Score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

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Net cost: $11,721

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 3.5 years

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

Earnings: $38,580

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: - $2,936

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Admission rate: 94%
Graduation rate: 45%

Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (48%) are not ranked and are displayed at the end of the ranking list.

Economic score: 4.09

The Economic Score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

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Net cost: $16,554

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 3.9 years

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

Earnings: $42,472

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: - $1,643

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Admission rate: 92%
Graduation rate: 46%

Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (48%) are not ranked and are displayed at the end of the ranking list.

Central Baptist College

Conway, Arkansas

Economic score: 4.11

The Economic Score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

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Net cost: $15,482

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 4.2 years

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

Earnings: $40,099

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: + $317

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Admission rate: 62%
Graduation rate: 40%

Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (48%) are not ranked and are displayed at the end of the ranking list.

Economic score: 4.38

The Economic Score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

View school
Net cost: $16,065

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 4.3 years

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

Earnings: $40,077

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: - $1,030

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Admission rate: 58%
Graduation rate: 44%

Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (48%) are not ranked and are displayed at the end of the ranking list.

Economic score: 4.77

The Economic Score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

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Net cost: $10,451

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 4.1 years

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

Earnings: $33,821

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: - $5,934

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Admission rate: N/A
Graduation rate: 36%

Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (48%) are not ranked and are displayed at the end of the ranking list.

Economic score: 4.81

The Economic Score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

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Net cost: $15,321

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 4.1 years

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

Earnings: $39,191

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: - $5,663

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Admission rate: 63%
Graduation rate: 46%

Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (48%) are not ranked and are displayed at the end of the ranking list.

Henderson State University

Arkadelphia, Arkansas

Economic score: 5.01

The Economic Score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

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Net cost: $14,902

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 4.3 years

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

Earnings: $39,020

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: - $6,389

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Admission rate: 75%
Graduation rate: 42%

Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (48%) are not ranked and are displayed at the end of the ranking list.

Williams Baptist University

Walnut Ridge, Arkansas

Economic score: 5.95

The Economic Score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

View school
Net cost: $16,548

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 5.3 years

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

Earnings: $36,232

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: - $4,974

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Admission rate: 64%
Graduation rate: 42%

Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (48%) are not ranked and are displayed at the end of the ranking list.

Economic score: 8.17

The Economic Score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

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Net cost: $11,631

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 6.7 years

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

Earnings: $31,984

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: - $7,700

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Admission rate: 68%
Graduation rate: 39%

Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (48%) are not ranked and are displayed at the end of the ranking list.

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