College ROI

Smarter Choices, Brighter Futures
Back to Economics

Economics.

Master's Degree•184 Institutions

Completers Only: Federal median earnings data strictly reflects outcomes for students who successfully graduated. Students who do not complete their degree typically earn significantly less and face higher risks of debt default.

Annual Full Cost vs. Median Earnings

Each dot represents one program at an institution. Shows the spread of annual sticker price (or net price if sticker price is unavailable) vs earnings 4 years post-grad.

Field Median ($97,827)
P25-P75 Interval ($74,576 - $106,753)
Bachelor's Baseline ($56,938)
Breakeven Line (0% ROI)

These figures are medians for past graduates who received federal aid. Your cost and pay will differ. Run your own numbers in the Guided ROI Interview →

Institution
State
Earnings
Avg Net PriceMedian Debt
Lifetime Value Added
Baltimore
MD
$138,425
Nat: $100,743
4yr Post-Grad
$18,431
/yr
$41,003
+$541k
Austin
TX
$126,566
Nat: $100,743
4yr Post-Grad
$18,554
/yr
-
+$438k
Washington
DC
$125,847
Nat: $100,743
4yr Post-Grad
$35,760
/yr
-
+$401k
College Station
TX
$121,910
Nat: $100,743
4yr Post-Grad
$21,527
/yr
$20,500
+$393k
Cincinnati
OH
$121,786
Nat: $100,743
4yr Post-Grad
$24,917
/yr
-
+$385k
Chicago
IL
$117,154
Nat: $100,743
4yr Post-Grad
$27,108
/yr
-
+$341k
Fairfax
VA
$111,251
Nat: $100,743
4yr Post-Grad
$14,697
/yr
$29,506
+$312k
Santa Cruz
CA
$110,425
Nat: $100,743
4yr Post-Grad
$18,549
/yr
-
+$298k
Houston
TX
$106,324
Nat: $100,743
4yr Post-Grad
$11,439
/yr
-
+$275k
Milwaukee
WI
$106,753
Nat: $100,743
4yr Post-Grad
$30,561
/yr
-
+$244k
Tallahassee
FL
$101,636
Nat: $100,743
4yr Post-Grad
$8,605
/yr
-
+$240k
Boca Raton
FL
$101,893
Nat: $100,743
5yr Post-Grad
$10,394
/yr
-
+$221k
Bronx
NY
$105,001
Nat: $100,743
4yr Post-Grad
$42,760
/yr
-
+$206k
Boston
MA
$105,051
Nat: $100,743
5yr Post-Grad
$36,503
/yr
-
+$200k
Washington
DC
$103,169
Nat: $100,743
4yr Post-Grad
$41,302
/yr
$49,378
+$193k
Athens
OH
$97,827
Nat: $100,743
4yr Post-Grad
$20,666
/yr
-
+$184k
Atlanta
GA
$95,801
Nat: $100,743
4yr Post-Grad
$12,365
/yr
-
+$182k
Washington
DC
$99,537
Nat: $100,743
4yr Post-Grad
$33,661
/yr
$47,500
+$175k
Waltham
MA
$87,354
Nat: $100,743
4yr Post-Grad
$30,606
/yr
$26,500
+$74k
Omaha
NE
$76,460
Nat: $100,743
2yr Post-Grad
$12,898
/yr
-
+$38k
Golden
CO
$80,336
Nat: $100,743
2yr Post-Grad
$32,901
/yr
-
+$37k
Denver
CO
$82,777
Nat: $100,743
4yr Post-Grad
$31,961
/yr
$39,946
+$32k
Denver
CO
$74,576
Nat: $100,743
2yr Post-Grad
$10,217
/yr
-
+$26k
Durham
NC
$76,460
Nat: $100,743
2yr Post-Grad
$23,706
/yr
-
+$18k
New York
NY
$78,343
Nat: $100,743
2yr Post-Grad
$35,737
/yr
-
+$14k
Auburn University at Montgomery
Montgomery
AL
-
Nat: $100,743
$13,789
/yr
-
-$0
Auburn
AL
-
Nat: $100,743
$25,424
/yr
-
-$0
Fayetteville
AR
-
Nat: $100,743
$17,571
/yr
-
-$0
Thousand Oaks
CA
-
Nat: $100,743
$26,445
/yr
-
-$0
San Luis Obispo
CA
-
Nat: $100,743
$18,832
/yr
-
-$0
Pomona
CA
-
Nat: $100,743
$9,404
/yr
-
-$0
Fullerton
CA
-
Nat: $100,743
$5,115
/yr
-
-$0
Hayward
CA
-
Nat: $100,743
$6,858
/yr
-
-$0
Long Beach
CA
-
Nat: $100,743
$9,426
/yr
-
-$0
Los Angeles
CA
-
Nat: $100,743
$2,385
/yr
-
-$0
Sacramento
CA
-
Nat: $100,743
$11,186
/yr
-
-$0
Davis
CA
-
Nat: $100,743
$14,318
/yr
-
-$0
Los Angeles
CA
-
Nat: $100,743
$14,659
/yr
-
-$0
Riverside
CA
-
Nat: $100,743
$12,672
/yr
-
-$0
La Jolla
CA
-
Nat: $100,743
$14,794
/yr
-
-$0
Santa Barbara
CA
-
Nat: $100,743
$16,807
/yr
-
-$0
Claremont
CA
-
Nat: $100,743
-
/yr
-
-$0
San Diego
CA
-
Nat: $100,743
$13,243
/yr
-
-$0
San Francisco
CA
-
Nat: $100,743
$9,803
/yr
-
-$0
Los Angeles
CA
-
Nat: $100,743
$33,056
/yr
-
-$0
Fort Collins
CO
-
Nat: $100,743
$22,247
/yr
-
-$0
Storrs
CT
-
Nat: $100,743
$24,342
/yr
-
-$0
New Haven
CT
-
Nat: $100,743
$11,340
/yr
-
-$0
Newark
DE
-
Nat: $100,743
$16,337
/yr
-
-$0
Washington
DC
-
Nat: $100,743
$32,543
/yr
-
-$0
Washington
DC
-
Nat: $100,743
$27,398
/yr
-
-$0
Washington
DC
-
Nat: $100,743
$33,002
/yr
-
-$0
Gainesville
FL
-
Nat: $100,743
$5,969
/yr
-
-$0
Tampa
FL
-
Nat: $100,743
$8,648
/yr
-
-$0
Statesboro
GA
-
Nat: $100,743
$16,785
/yr
-
-$0
Honolulu
HI
-
Nat: $100,743
$11,122
/yr
-
-$0
Boise
ID
-
Nat: $100,743
$18,423
/yr
-
-$0
Chicago
IL
-
Nat: $100,743
$16,776
/yr
-
-$0
Charleston
IL
-
Nat: $100,743
$12,717
/yr
-
-$0
Chicago
IL
-
Nat: $100,743
$9,540
/yr
-
-$0
Champaign
IL
-
Nat: $100,743
$13,042
/yr
-
-$0
Normal
IL
-
Nat: $100,743
$17,829
/yr
-
-$0
Dekalb
IL
-
Nat: $100,743
$14,505
/yr
-
-$0
Roosevelt University
Chicago
IL
-
Nat: $100,743
$21,512
/yr
-
-$0
Carbondale
IL
-
Nat: $100,743
$12,554
/yr
-
-$0
Macomb
IL
-
Nat: $100,743
$10,018
/yr
-
-$0
Indianapolis
IN
-
Nat: $100,743
$9,479
/yr
-
-$0
Bloomington
IN
-
Nat: $100,743
$16,003
/yr
-
-$0
Notre Dame
IN
-
Nat: $100,743
$25,339
/yr
-
-$0
Valparaiso
IN
-
Nat: $100,743
$21,657
/yr
-
-$0
Ames
IA
-
Nat: $100,743
$18,517
/yr
-
-$0
Lawrence
KS
-
Nat: $100,743
$20,004
/yr
-
-$0
Lexington
KY
-
Nat: $100,743
$18,868
/yr
-
-$0
Murray
KY
-
Nat: $100,743
$7,350
/yr
-
-$0
Bowling Green
KY
-
Nat: $100,743
$11,789
/yr
-
-$0
Baton Rouge
LA
-
Nat: $100,743
$19,286
/yr
-
-$0
New Orleans
LA
-
Nat: $100,743
$40,693
/yr
-
-$0
Orono
ME
-
Nat: $100,743
$17,224
/yr
-
-$0
Baltimore
MD
-
Nat: $100,743
$25,203
/yr
-
-$0
College Park
MD
-
Nat: $100,743
$14,296
/yr
$39,350
-$0
Baltimore
MD
-
Nat: $100,743
$14,653
/yr
-
-$0
Chestnut Hill
MA
-
Nat: $100,743
$38,930
/yr
$33,387
-$0
Amherst
MA
-
Nat: $100,743
$22,857
/yr
-
-$0
Boston
MA
-
Nat: $100,743
$22,548
/yr
-
-$0
Boston
MA
-
Nat: $100,743
$29,060
/yr
-
-$0
Medford
MA
-
Nat: $100,743
$38,797
/yr
-
-$0
Mount Pleasant
MI
-
Nat: $100,743
$17,201
/yr
-
-$0
Detroit
MI
-
Nat: $100,743
$13,469
/yr
-
-$0
Ypsilanti
MI
-
Nat: $100,743
$16,628
/yr
-
-$0
Ann Arbor
MI
-
Nat: $100,743
$14,362
/yr
-
-$0
East Lansing
MI
-
Nat: $100,743
$21,322
/yr
-
-$0
Detroit
MI
-
Nat: $100,743
$11,212
/yr
-
-$0
Kalamazoo
MI
-
Nat: $100,743
$13,902
/yr
-
-$0
Minneapolis
MN
-
Nat: $100,743
$17,330
/yr
-
-$0
Saint Cloud
MN
-
Nat: $100,743
$16,062
/yr
-
-$0
Columbia
MO
-
Nat: $100,743
$21,142
/yr
-
-$0
University of Missouri-St Louis
Saint Louis
MO
-
Nat: $100,743
$14,990
/yr
-
-$0
Saint Louis
MO
-
Nat: $100,743
$29,674
/yr
-
-$0
Bozeman
MT
-
Nat: $100,743
$23,106
/yr
-
-$0
The University of Montana
Missoula
MT
-
Nat: $100,743
$21,302
/yr
-
-$0
Lincoln
NE
-
Nat: $100,743
$16,214
/yr
-
-$0
Las Vegas
NV
-
Nat: $100,743
$11,062
/yr
-
-$0
Durham
NH
-
Nat: $100,743
$26,150
/yr
-
-$0
New Brunswick
NJ
-
Nat: $100,743
$24,897
/yr
-
-$0
Newark
NJ
-
Nat: $100,743
$16,013
/yr
-
-$0
Las Cruces
NM
-
Nat: $100,743
$6,313
/yr
-
-$0
Annandale-On-Hudson
NY
-
Nat: $100,743
$27,126
/yr
-
-$0
New York
NY
-
Nat: $100,743
$15,370
/yr
-
-$0
Ithaca
NY
-
Nat: $100,743
$33,934
/yr
-
-$0
New York
NY
-
Nat: $100,743
$1,557
/yr
-
-$0
CUNY Graduate School and University Center
New York
NY
-
Nat: $100,743
$4,766
/yr
-
-$0
New York
NY
-
Nat: $100,743
$1,051
/yr
-
-$0
New York
NY
-
Nat: $100,743
$1,110
/yr
-
-$0
New York
NY
-
Nat: $100,743
$48,163
/yr
-
-$0
Troy
NY
-
Nat: $100,743
$32,758
/yr
-
-$0
Albany
NY
-
Nat: $100,743
$18,266
/yr
-
-$0
Vestal
NY
-
Nat: $100,743
$20,907
/yr
-
-$0
Buffalo
NY
-
Nat: $100,743
$21,775
/yr
-
-$0
Stony Brook
NY
-
Nat: $100,743
$18,902
/yr
-
-$0
SUNY Buffalo State University
Buffalo
NY
-
Nat: $100,743
$10,886
/yr
-
-$0
Syracuse
NY
-
Nat: $100,743
$43,336
/yr
-
-$0
New York
NY
-
Nat: $100,743
-
/yr
-
-$0
Greenville
NC
-
Nat: $100,743
$16,880
/yr
-
-$0
Chapel Hill
NC
-
Nat: $100,743
$11,305
/yr
-
-$0
Greensboro
NC
-
Nat: $100,743
$12,291
/yr
-
-$0
Raleigh
NC
-
Nat: $100,743
$16,486
/yr
-
-$0
Grand Forks
ND
-
Nat: $100,743
$18,131
/yr
-
-$0
Fargo
ND
-
Nat: $100,743
$15,636
/yr
-
-$0
Akron
OH
-
Nat: $100,743
$13,072
/yr
-
-$0
Bowling Green
OH
-
Nat: $100,743
$21,453
/yr
-
-$0
Cleveland
OH
-
Nat: $100,743
$13,754
/yr
-
-$0
Oxford
OH
-
Nat: $100,743
$29,447
/yr
-
-$0
Columbus
OH
-
Nat: $100,743
$17,269
/yr
-
-$0
Toledo
OH
-
Nat: $100,743
$16,406
/yr
-
-$0
Youngstown
OH
-
Nat: $100,743
$9,161
/yr
-
-$0
Norman
OK
-
Nat: $100,743
$15,531
/yr
-
-$0
Corvallis
OR
-
Nat: $100,743
$21,504
/yr
-
-$0
Eugene
OR
-
Nat: $100,743
$22,547
/yr
-
-$0
Portland State University
Portland
OR
-
Nat: $100,743
$8,337
/yr
-
-$0
Philadelphia
PA
-
Nat: $100,743
$37,529
/yr
-
-$0
Bethlehem
PA
-
Nat: $100,743
$25,272
/yr
-
-$0
Philadelphia
PA
-
Nat: $100,743
$29,577
/yr
-
-$0
Philadelphia
PA
-
Nat: $100,743
$23,058
/yr
-
-$0
Kingston
RI
-
Nat: $100,743
$22,469
/yr
-
-$0
Clemson
SC
-
Nat: $100,743
$22,032
/yr
-
-$0
Columbia
SC
-
Nat: $100,743
$22,197
/yr
-
-$0
Brookings
SD
-
Nat: $100,743
$20,139
/yr
-
-$0
Memphis
TN
-
Nat: $100,743
$12,192
/yr
-
-$0
Murfreesboro
TN
-
Nat: $100,743
$12,562
/yr
-
-$0
Nashville
TN
-
Nat: $100,743
$15,497
/yr
-
-$0
Denton
TX
-
Nat: $100,743
$15,358
/yr
-
-$0
Houston
TX
-
Nat: $100,743
$11,164
/yr
-
-$0
Dallas
TX
-
Nat: $100,743
$39,816
/yr
-
-$0
The University of Texas at Arlington
Arlington
TX
-
Nat: $100,743
$17,040
/yr
-
-$0
Richardson
TX
-
Nat: $100,743
$15,271
/yr
-
-$0
Lubbock
TX
-
Nat: $100,743
$19,890
/yr
-
-$0
Logan
UT
-
Nat: $100,743
$12,644
/yr
-
-$0
Salt Lake City
UT
-
Nat: $100,743
$27,314
/yr
-
-$0
Burlington
VT
-
Nat: $100,743
$20,277
/yr
-
-$0
Norfolk
VA
-
Nat: $100,743
$12,913
/yr
-
-$0
Charlottesville
VA
-
Nat: $100,743
$18,056
/yr
-
-$0
Pullman
WA
-
Nat: $100,743
$13,462
/yr
-
-$0
Whitewater
WI
-
Nat: $100,743
$13,737
/yr
-
-$0
Madison
WI
-
Nat: $100,743
$16,600
/yr
-
-$0
Milwaukee
WI
-
Nat: $100,743
$15,625
/yr
-
-$0
Laramie
WY
-
Nat: $100,743
$13,647
/yr
-
-$0
San Juan
PR
-
Nat: $100,743
$11,860
/yr
-
-$0
Stanford
CA
-
Nat: $100,743
$12,307
/yr
-
-$0
West Lafayette
IN
-
Nat: $100,743
$14,851
/yr
$38,792
-$0
Waterbury
CT
-
Nat: $100,743
$8,616
/yr
-
-$0
Groton
CT
-
Nat: $100,743
$11,184
/yr
-
-$0
Stamford
CT
-
Nat: $100,743
$14,226
/yr
-
-$0
Bend
OR
-
Nat: $100,743
$17,853
/yr
-
-$0
The Chicago School at Los Angeles
Los Angeles
CA
-
Nat: $100,743
-
/yr
-
-$0
Hartford
CT
-
Nat: $100,743
$13,961
/yr
-
-$0
Boston
MA
-
Nat: $100,743
-
/yr
-
-$0
Atlanta
GA
$74,173
Nat: $100,743
4yr Post-Grad
$16,754
/yr
-
-$16k
Saint Mary's University of Minnesota
Winona
MN
$73,874
Nat: $100,743
4yr Post-Grad
$20,422
/yr
-
-$25k
Wright State University-Main Campus
Dayton
OH
$65,238
Nat: $100,743
2yr Post-Grad
$13,715
/yr
-
-$66k
San Francisco
CA
$67,660
Nat: $100,743
2yr Post-Grad
$30,496
/yr
$79,882
-$74k
Southern New Hampshire University
Manchester
NH
$71,367
Nat: $100,743
4yr Post-Grad
$36,764
/yr
$34,360
-$77k
Kansas City
MO
$44,971
Nat: $100,743
2yr Post-Grad
$13,778
/yr
-
-$265k
Tucson
AZ
$33,993
Nat: $100,743
2yr Post-Grad
$17,125
/yr
-
-$384k
Berrien Springs
MI
$35,060
Nat: $100,743
2yr Post-Grad
$29,164
/yr
-
-$395k
Analysis Notes:
  • Lifetime Value Added: Net Present Value (NPV) of estimated career earnings relative to a median bachelor's degree holder, accounting for this institution's average cost and taxes.
  • Avg Net Price: The average price paid by students who receive federal financial aid (grants/loans).Note: For graduate programs, the institution's average undergraduate net price is used as a proxy for annual cost, which may differ from actual graduate tuition and net price.