College ROI

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Economics.

Master's Degree189 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 ($87,354)
P25-P75 Interval ($71,367 - $106,753)
HS Baseline ($35,872)
Breakeven Line (0% ROI)
Institution
State
Earnings
Avg Net PriceMedian Debt
Lifetime Value Added
Baltimore
MD
$138,425
Nat: $100,743
4yr Post-Grad
$18,809
/yr
$35,445
+$539k
Austin
TX
$126,566
Nat: $100,743
4yr Post-Grad
$19,857
/yr
$43,085
+$435k
Washington
DC
$125,847
Nat: $100,743
4yr Post-Grad
$36,586
/yr
$41,000
+$398k
College Station
TX
$121,910
Nat: $100,743
4yr Post-Grad
$21,315
/yr
-
+$392k
Cincinnati
OH
$121,786
Nat: $100,743
4yr Post-Grad
$25,648
/yr
-
+$383k
Chicago
IL
$117,154
Nat: $100,743
4yr Post-Grad
$30,902
/yr
$25,705
+$333k
Fairfax
VA
$111,251
Nat: $100,743
4yr Post-Grad
$17,915
/yr
-
+$306k
Santa Cruz
CA
$110,425
Nat: $100,743
4yr Post-Grad
$17,890
/yr
-
+$298k
Houston
TX
$106,324
Nat: $100,743
4yr Post-Grad
$14,276
/yr
-
+$269k
Milwaukee
WI
$106,753
Nat: $100,743
4yr Post-Grad
$31,487
/yr
-
+$241k
Tallahassee
FL
$101,636
Nat: $100,743
4yr Post-Grad
$11,297
/yr
$20,250
+$234k
Bronx
NY
$105,001
Nat: $100,743
4yr Post-Grad
$44,338
/yr
-
+$203k
Washington
DC
$103,169
Nat: $100,743
4yr Post-Grad
$41,943
/yr
$46,108
+$191k
Athens
OH
$97,827
Nat: $100,743
4yr Post-Grad
$21,637
/yr
$40,849
+$181k
Atlanta
GA
$95,801
Nat: $100,743
4yr Post-Grad
$15,931
/yr
$35,049
+$174k
Washington
DC
$99,537
Nat: $100,743
4yr Post-Grad
$40,815
/yr
$69,649
+$161k
Waltham
MA
$87,354
Nat: $100,743
4yr Post-Grad
$35,736
/yr
$28,500
+$64k
Golden
CO
$80,336
Nat: $100,743
2yr Post-Grad
$28,690
/yr
-
+$44k
Omaha
NE
$76,460
Nat: $100,743
2yr Post-Grad
$13,441
/yr
-
+$36k
Denver
CO
$82,777
Nat: $100,743
4yr Post-Grad
$36,131
/yr
$56,942
+$23k
Denver
CO
$74,576
Nat: $100,743
2yr Post-Grad
$11,900
/yr
-
+$22k
New York
NY
$78,343
Nat: $100,743
2yr Post-Grad
$37,050
/yr
-
+$10k
Durham
NC
$76,460
Nat: $100,743
2yr Post-Grad
$29,612
/yr
-
+$7k
Auburn University at Montgomery
⚠️ Caution: This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate its ROI.
Montgomery
AL
-
Nat: $100,743
$13,224
/yr
-
-$0
Auburn
AL
-
Nat: $100,743
$24,323
/yr
-
-$0
Fayetteville
AR
-
Nat: $100,743
$18,209
/yr
-
-$0
Thousand Oaks
CA
-
Nat: $100,743
$30,109
/yr
-
-$0
San Luis Obispo
CA
-
Nat: $100,743
$16,665
/yr
-
-$0
Pomona
CA
-
Nat: $100,743
$11,531
/yr
-
-$0
Fullerton
CA
-
Nat: $100,743
$6,555
/yr
-
-$0
Hayward
CA
-
Nat: $100,743
$9,320
/yr
-
-$0
Long Beach
CA
-
Nat: $100,743
$10,440
/yr
-
-$0
Los Angeles
CA
-
Nat: $100,743
$3,967
/yr
-
-$0
Sacramento
CA
-
Nat: $100,743
$9,338
/yr
-
-$0
Davis
CA
-
Nat: $100,743
$14,741
/yr
-
-$0
Los Angeles
CA
-
Nat: $100,743
$12,548
/yr
-
-$0
Riverside
CA
-
Nat: $100,743
$14,304
/yr
-
-$0
La Jolla
CA
-
Nat: $100,743
$12,470
/yr
-
-$0
Santa Barbara
CA
-
Nat: $100,743
$16,109
/yr
-
-$0
Claremont
CA
-
Nat: $100,743
-
/yr
-
-$0
San Diego
CA
-
Nat: $100,743
$15,364
/yr
-
-$0
San Francisco
CA
-
Nat: $100,743
$12,278
/yr
-
-$0
Los Angeles
CA
-
Nat: $100,743
$32,740
/yr
-
-$0
Fort Collins
CO
-
Nat: $100,743
$21,279
/yr
-
-$0
Storrs
CT
-
Nat: $100,743
$25,097
/yr
-
-$0
New Haven
CT
-
Nat: $100,743
$23,777
/yr
-
-$0
Newark
DE
-
Nat: $100,743
$17,799
/yr
-
-$0
Washington
DC
-
Nat: $100,743
$29,561
/yr
-
-$0
Washington
DC
-
Nat: $100,743
$15,845
/yr
-
-$0
Washington
DC
-
Nat: $100,743
$50,539
/yr
-
-$0
Gainesville
FL
-
Nat: $100,743
$6,541
/yr
-
-$0
Tampa
FL
-
Nat: $100,743
$9,812
/yr
-
-$0
Statesboro
GA
-
Nat: $100,743
$15,267
/yr
-
-$0
Honolulu
HI
-
Nat: $100,743
$15,664
/yr
-
-$0
Boise
ID
-
Nat: $100,743
$21,610
/yr
-
-$0
Chicago
IL
-
Nat: $100,743
$14,860
/yr
-
-$0
Charleston
IL
-
Nat: $100,743
$12,786
/yr
-
-$0
Chicago
IL
-
Nat: $100,743
$10,974
/yr
-
-$0
Champaign
IL
-
Nat: $100,743
$14,355
/yr
-
-$0
Normal
IL
-
Nat: $100,743
$19,398
/yr
-
-$0
Dekalb
IL
-
Nat: $100,743
$13,391
/yr
-
-$0
Roosevelt University
⚠️ Caution: This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate its ROI.
Chicago
IL
-
Nat: $100,743
$20,194
/yr
-
-$0
Carbondale
IL
-
Nat: $100,743
$13,297
/yr
-
-$0
Edwardsville
IL
-
Nat: $100,743
$14,889
/yr
-
-$0
Macomb
IL
-
Nat: $100,743
$12,937
/yr
-
-$0
Indianapolis
IN
-
Nat: $100,743
$11,668
/yr
-
-$0
Bloomington
IN
-
Nat: $100,743
$16,264
/yr
-
-$0
Notre Dame
IN
-
Nat: $100,743
$26,780
/yr
-
-$0
Valparaiso
IN
-
Nat: $100,743
$18,578
/yr
-
-$0
Ames
IA
-
Nat: $100,743
$18,589
/yr
-
-$0
Lawrence
KS
-
Nat: $100,743
$18,059
/yr
-
-$0
Lexington
KY
-
Nat: $100,743
$18,851
/yr
-
-$0
Murray
KY
-
Nat: $100,743
$9,096
/yr
-
-$0
Bowling Green
KY
-
Nat: $100,743
$10,990
/yr
-
-$0
Baton Rouge
LA
-
Nat: $100,743
$19,151
/yr
-
-$0
New Orleans
LA
-
Nat: $100,743
$39,949
/yr
-
-$0
Orono
ME
-
Nat: $100,743
$17,510
/yr
-
-$0
Baltimore
MD
-
Nat: $100,743
$16,467
/yr
-
-$0
College Park
MD
-
Nat: $100,743
$15,678
/yr
-
-$0
Baltimore
MD
-
Nat: $100,743
$14,985
/yr
-
-$0
Chestnut Hill
MA
-
Nat: $100,743
$41,704
/yr
-
-$0
Boston
MA
-
Nat: $100,743
$24,402
/yr
-
-$0
Amherst
MA
-
Nat: $100,743
$22,383
/yr
-
-$0
Boston
MA
-
Nat: $100,743
$17,707
/yr
-
-$0
Boston
MA
-
Nat: $100,743
$30,915
/yr
-
-$0
Medford
MA
-
Nat: $100,743
$39,998
/yr
-
-$0
Mount Pleasant
MI
-
Nat: $100,743
$17,597
/yr
-
-$0
Detroit
MI
-
Nat: $100,743
$15,232
/yr
-
-$0
Ypsilanti
MI
-
Nat: $100,743
$15,407
/yr
-
-$0
Ann Arbor
MI
-
Nat: $100,743
$13,138
/yr
-
-$0
East Lansing
MI
-
Nat: $100,743
$19,680
/yr
-
-$0
Detroit
MI
-
Nat: $100,743
$12,766
/yr
-
-$0
Kalamazoo
MI
-
Nat: $100,743
$15,273
/yr
-
-$0
Minneapolis
MN
-
Nat: $100,743
$16,778
/yr
-
-$0
Saint Cloud
MN
-
Nat: $100,743
$13,529
/yr
-
-$0
Columbia
MO
-
Nat: $100,743
$20,268
/yr
-
-$0
University of Missouri-St Louis
⚠️ Caution: This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate its ROI.
Saint Louis
MO
-
Nat: $100,743
$15,071
/yr
-
-$0
Saint Louis
MO
-
Nat: $100,743
$24,398
/yr
-
-$0
Bozeman
MT
-
Nat: $100,743
$22,499
/yr
-
-$0
The University of Montana
⚠️ Caution: This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate its ROI.
Missoula
MT
-
Nat: $100,743
$16,784
/yr
-
-$0
Lincoln
NE
-
Nat: $100,743
$17,747
/yr
-
-$0
Las Vegas
NV
-
Nat: $100,743
$10,359
/yr
-
-$0
Durham
NH
-
Nat: $100,743
$23,805
/yr
-
-$0
New Brunswick
NJ
-
Nat: $100,743
$24,406
/yr
-
-$0
Newark
NJ
-
Nat: $100,743
$19,703
/yr
-
-$0
Las Cruces
NM
-
Nat: $100,743
$8,889
/yr
-
-$0
Annandale-On-Hudson
NY
-
Nat: $100,743
$34,649
/yr
-
-$0
New York
NY
-
Nat: $100,743
$21,590
/yr
-
-$0
Ithaca
NY
-
Nat: $100,743
$28,690
/yr
-
-$0
New York
NY
-
Nat: $100,743
$3,776
/yr
-
-$0
CUNY Graduate School and University Center
⚠️ Caution: This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate its ROI.
New York
NY
-
Nat: $100,743
-
/yr
-
-$0
New York
NY
-
Nat: $100,743
$2,984
/yr
-
-$0
New York
NY
-
Nat: $100,743
$3,203
/yr
-
-$0
New York
NY
-
Nat: $100,743
$58,741
/yr
-
-$0
Troy
NY
-
Nat: $100,743
$36,228
/yr
-
-$0
Albany
NY
-
Nat: $100,743
$17,167
/yr
-
-$0
Vestal
NY
-
Nat: $100,743
$21,620
/yr
-
-$0
Buffalo
NY
-
Nat: $100,743
$20,995
/yr
-
-$0
Stony Brook
NY
-
Nat: $100,743
$18,784
/yr
-
-$0
SUNY Buffalo State University
⚠️ Caution: This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate its ROI.
Buffalo
NY
-
Nat: $100,743
$11,346
/yr
-
-$0
Oswego
NY
-
Nat: $100,743
$16,236
/yr
-
-$0
Syracuse
NY
-
Nat: $100,743
$38,793
/yr
-
-$0
New York
NY
-
Nat: $100,743
-
/yr
-
-$0
Greenville
NC
-
Nat: $100,743
$15,739
/yr
-
-$0
Chapel Hill
NC
-
Nat: $100,743
$11,655
/yr
-
-$0
Greensboro
NC
-
Nat: $100,743
$10,965
/yr
-
-$0
Raleigh
NC
-
Nat: $100,743
$17,303
/yr
-
-$0
Grand Forks
ND
-
Nat: $100,743
$18,551
/yr
-
-$0
Fargo
ND
-
Nat: $100,743
$15,543
/yr
-
-$0
Akron
OH
-
Nat: $100,743
$13,946
/yr
-
-$0
Bowling Green
OH
-
Nat: $100,743
$24,022
/yr
-
-$0
Cleveland
OH
-
Nat: $100,743
$14,764
/yr
-
-$0
Oxford
OH
-
Nat: $100,743
$28,384
/yr
-
-$0
Columbus
OH
-
Nat: $100,743
$17,339
/yr
-
-$0
Toledo
OH
-
Nat: $100,743
$17,249
/yr
-
-$0
Youngstown
OH
-
Nat: $100,743
$12,767
/yr
-
-$0
Norman
OK
-
Nat: $100,743
$15,300
/yr
-
-$0
Corvallis
OR
-
Nat: $100,743
$19,604
/yr
-
-$0
Eugene
OR
-
Nat: $100,743
$22,182
/yr
-
-$0
Portland State University
⚠️ Caution: This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate its ROI.
Portland
OR
-
Nat: $100,743
$9,552
/yr
-
-$0
Philadelphia
PA
-
Nat: $100,743
$38,509
/yr
-
-$0
Bethlehem
PA
-
Nat: $100,743
$36,931
/yr
-
-$0
Philadelphia
PA
-
Nat: $100,743
$28,699
/yr
-
-$0
Philadelphia
PA
-
Nat: $100,743
$28,198
/yr
-
-$0
Kingston
RI
-
Nat: $100,743
$21,440
/yr
-
-$0
Clemson
SC
-
Nat: $100,743
$22,253
/yr
-
-$0
Columbia
SC
-
Nat: $100,743
$22,811
/yr
-
-$0
Brookings
SD
-
Nat: $100,743
$19,841
/yr
-
-$0
Memphis
TN
-
Nat: $100,743
$12,397
/yr
-
-$0
Murfreesboro
TN
-
Nat: $100,743
$13,359
/yr
-
-$0
Nashville
TN
-
Nat: $100,743
$15,846
/yr
-
-$0
Denton
TX
-
Nat: $100,743
$15,649
/yr
-
-$0
Houston
TX
-
Nat: $100,743
$13,370
/yr
-
-$0
Dallas
TX
-
Nat: $100,743
$40,892
/yr
-
-$0
The University of Texas at Arlington
⚠️ Caution: This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate its ROI.
Arlington
TX
-
Nat: $100,743
$13,951
/yr
-
-$0
Richardson
TX
-
Nat: $100,743
$18,267
/yr
-
-$0
Lubbock
TX
-
Nat: $100,743
$19,070
/yr
-
-$0
Logan
UT
-
Nat: $100,743
$14,936
/yr
-
-$0
Salt Lake City
UT
-
Nat: $100,743
$16,200
/yr
-
-$0
Burlington
VT
-
Nat: $100,743
$19,343
/yr
-
-$0
Norfolk
VA
-
Nat: $100,743
$14,638
/yr
-
-$0
Charlottesville
VA
-
Nat: $100,743
$21,565
/yr
-
-$0
Cheney
WA
-
Nat: $100,743
$13,886
/yr
-
-$0
Pullman
WA
-
Nat: $100,743
$14,971
/yr
-
-$0
Whitewater
WI
-
Nat: $100,743
$14,158
/yr
-
-$0
Madison
WI
-
Nat: $100,743
$17,354
/yr
-
-$0
Milwaukee
WI
-
Nat: $100,743
$15,014
/yr
-
-$0
Laramie
WY
-
Nat: $100,743
$13,599
/yr
-
-$0
San Juan
PR
-
Nat: $100,743
$9,175
/yr
-
-$0
Stanford
CA
-
Nat: $100,743
$13,807
/yr
-
-$0
West Lafayette
IN
-
Nat: $100,743
$14,600
/yr
-
-$0
Waterbury
CT
-
Nat: $100,743
$10,875
/yr
-
-$0
Groton
CT
-
Nat: $100,743
$13,807
/yr
-
-$0
Stamford
CT
-
Nat: $100,743
$16,798
/yr
-
-$0
Bend
OR
-
Nat: $100,743
$18,048
/yr
-
-$0
The Chicago School at Los Angeles
⚠️ Caution: This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate its ROI.
Los Angeles
CA
-
Nat: $100,743
-
/yr
-
-$0
Hartford
CT
-
Nat: $100,743
$16,403
/yr
-
-$0
Boston
MA
-
Nat: $100,743
-
/yr
-
-$0
Saint Mary's University of Minnesota
⚠️ Caution: This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate its ROI.
Winona
MN
$73,874
Nat: $100,743
4yr Post-Grad
$11,704
/yr
$43,193
-$10k
Atlanta
GA
$74,173
Nat: $100,743
4yr Post-Grad
$22,585
/yr
-
-$28k
Wright State University-Main Campus
⚠️ Caution: This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate its ROI.
Dayton
OH
$65,238
Nat: $100,743
2yr Post-Grad
$15,415
/yr
-
-$70k
Southern New Hampshire University
⚠️ Caution: This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate its ROI.
Manchester
NH
$71,367
Nat: $100,743
4yr Post-Grad
$36,708
/yr
$39,630
-$78k
San Francisco
CA
$67,660
Nat: $100,743
2yr Post-Grad
$41,431
/yr
-
-$95k
Eastern University
⚠️ Caution: This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate its ROI.
Saint Davids
PA
$65,464
Nat: $100,743
4yr Post-Grad
$26,662
/yr
-
-$112k
Boca Raton
FL
$59,124
Nat: $100,743
2yr Post-Grad
$8,752
/yr
-
-$115k
Brooklyn
NY
$57,995
Nat: $100,743
2yr Post-Grad
$3,103
/yr
-
-$115k
Kansas City
MO
$44,971
Nat: $100,743
2yr Post-Grad
$13,310
/yr
-
-$262k
Berrien Springs
MI
$35,060
Nat: $100,743
2yr Post-Grad
$12,547
/yr
-
-$363k
Tucson
AZ
$33,993
Nat: $100,743
2yr Post-Grad
$16,674
/yr
-
-$381k
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.
Important Note: Your ROI with any major will depend on the cost you pay to attend the program, and your starting salary. Both vary significantly across institutions. We encourage you to explore the ROI of a specific program variant by selecting the Program title of the credential level you are interested in. You will then have a more detailed return analysis for programs at specific institutions. We also encourage you to use the ROI calculator, or for more sophisticated analysis, the Guided ROI Interview, with your specific estimates of cost and salary.