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Business/Commerce, General.
Master's Degree•118 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 ($102,812)
P25-P75 Interval ($78,731 - $120,992)
HS Baseline ($35,872)
Breakeven Line (0% ROI)
Institution | State | Earnings | Avg Net Price | Median Debt | Lifetime Value Added |
|---|---|---|---|---|---|
Cambridge | MA | $258,152 Nat: $125,988 4yr Post-Grad | $20,111 /yr | $41,000 | +$1540k |
Evanston | IL | $240,637 Nat: $125,988 4yr Post-Grad | $29,167 /yr | $76,735 | +$1384k |
Atlanta | GA | $209,140 Nat: $125,988 4yr Post-Grad | $22,585 /yr | $47,269 | +$1140k |
East Lansing | MI | $188,085 Nat: $125,988 4yr Post-Grad | $19,680 /yr | $78,686 | +$967k |
Charlottesville | VA | $180,117 Nat: $125,988 4yr Post-Grad | $21,565 /yr | $61,118 | +$895k |
Indianapolis | IN | $171,615 Nat: $125,988 4yr Post-Grad | $11,668 /yr | $37,032 | +$839k |
Bloomington | IN | $161,345 Nat: $125,988 4yr Post-Grad | $16,264 /yr | $41,000 | +$742k |
Madison | WI | $160,097 Nat: $125,988 4yr Post-Grad | $17,354 /yr | $50,847 | +$729k |
Baltimore | MD | $158,699 Nat: $125,988 4yr Post-Grad | $18,809 /yr | $61,449 | +$715k |
Boston | MA | $148,490 Nat: $125,988 4yr Post-Grad | - /yr | $47,834 | +$661k |
Boston | MA | $148,490 Nat: $125,988 4yr Post-Grad | $30,915 /yr | $47,834 | +$604k |
Atlanta | GA | $143,079 Nat: $125,988 4yr Post-Grad | $15,931 /yr | $50,417 | +$585k |
Philadelphia | PA | $141,003 Nat: $125,988 4yr Post-Grad | $29,689 /yr | $42,887 | +$542k |
Philadelphia | PA | $142,843 Nat: $125,988 4yr Post-Grad | $38,509 /yr | $41,000 | +$541k |
Los Angeles | CA | $140,532 Nat: $125,988 4yr Post-Grad | $48,381 /yr | $99,813 | +$503k |
Denver | CO | $133,993 Nat: $125,988 4yr Post-Grad | $36,131 /yr | $66,687 | +$469k |
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 | $129,101 Nat: $125,988 4yr Post-Grad | $15,071 /yr | $28,405 | +$466k |
Allendale | MI | $128,108 Nat: $125,988 4yr Post-Grad | $16,317 /yr | $30,124 | +$455k |
Columbia | MO | $123,999 Nat: $125,988 4yr Post-Grad | $20,268 /yr | $35,202 | +$412k |
Durham | NH | $123,477 Nat: $125,988 4yr Post-Grad | $23,805 /yr | $35,610 | +$401k |
Muncie | IN | $120,992 Nat: $125,988 4yr Post-Grad | $14,940 /yr | $23,417 | +$396k |
Indiana University-Northwest ⚠️ Caution: This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate its ROI. Gary | IN | $118,385 Nat: $125,988 4yr Post-Grad | $5,130 /yr | $35,074 | +$391k |
Kansas City | MO | $119,601 Nat: $125,988 4yr Post-Grad | $13,310 /yr | $20,250 | +$387k |
Morgantown | WV | $119,013 Nat: $125,988 4yr Post-Grad | $15,634 /yr | $41,000 | +$377k |
Omaha | NE | $122,105 Nat: $125,988 4yr Post-Grad | $31,568 /yr | - | +$375k |
Indiana University-South Bend ⚠️ Caution: This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate its ROI. South Bend | IN | $115,947 Nat: $125,988 4yr Post-Grad | $8,653 /yr | - | +$364k |
Purdue University Fort Wayne ⚠️ Caution: This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate its ROI. Fort Wayne | IN | $113,001 Nat: $125,988 4yr Post-Grad | $13,171 /yr | $19,974 | +$330k |
Utah Valley University ⚠️ Caution: This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate its ROI. Orem | UT | $110,270 Nat: $125,988 4yr Post-Grad | $6,376 /yr | $26,766 | +$318k |
Indiana University-Southeast ⚠️ Caution: This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate its ROI. New Albany | IN | $109,847 Nat: $125,988 4yr Post-Grad | $7,888 /yr | - | +$312k |
Lexington | KY | $111,868 Nat: $125,988 4yr Post-Grad | $18,851 /yr | $32,146 | +$309k |
Jacksonville | AL | $110,346 Nat: $125,988 4yr Post-Grad | $14,279 /yr | - | +$304k |
Louisville | KY | $110,622 Nat: $125,988 4yr Post-Grad | $17,988 /yr | $33,183 | +$300k |
Nashville | TN | $113,806 Nat: $125,988 4yr Post-Grad | $33,147 /yr | $53,160 | +$300k |
Orlando | FL | $108,978 Nat: $125,988 4yr Post-Grad | $10,411 /yr | $40,236 | +$300k |
Tallahassee | FL | $107,889 Nat: $125,988 4yr Post-Grad | $11,297 /yr | $30,750 | +$288k |
New Orleans | LA | $113,672 Nat: $125,988 4yr Post-Grad | $39,949 /yr | - | +$286k |
Cameron University ⚠️ Caution: This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate its ROI. Lawton | OK | $106,812 Nat: $125,988 4yr Post-Grad | $10,912 /yr | - | +$280k |
Richmond | VA | $108,337 Nat: $125,988 4yr Post-Grad | $23,433 /yr | $54,332 | +$270k |
Redlands | CA | $107,522 Nat: $125,988 4yr Post-Grad | $30,031 /yr | $34,167 | +$251k |
The College of Saint Scholastica ⚠️ Caution: This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate its ROI. Duluth | MN | $106,676 Nat: $125,988 4yr Post-Grad | $27,846 /yr | $34,134 | +$247k |
Whitewater | WI | $102,812 Nat: $125,988 4yr Post-Grad | $14,158 /yr | $28,446 | +$239k |
Saint Louis | MO | $102,806 Nat: $125,988 4yr Post-Grad | $22,066 /yr | $40,693 | +$224k |
Washington | DC | $103,834 Nat: $125,988 4yr Post-Grad | $29,561 /yr | $34,250 | +$219k |
Post University ⚠️ Caution: This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate its ROI. Waterbury | CT | $101,826 Nat: $125,988 4yr Post-Grad | $21,634 /yr | $50,937 | +$216k |
Spokane | WA | $104,495 Nat: $125,988 4yr Post-Grad | $35,119 /yr | $32,188 | +$215k |
Mercer University ⚠️ Caution: This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate its ROI. Macon | GA | $101,623 Nat: $125,988 4yr Post-Grad | $23,847 /yr | $39,318 | +$211k |
University of North Georgia ⚠️ Caution: This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate its ROI. Dahlonega | GA | $97,809 Nat: $125,988 4yr Post-Grad | $9,823 /yr | $20,493 | +$203k |
College Park | MD | $94,408 Nat: $125,988 2yr Post-Grad | $15,678 /yr | - | +$196k |
Murray | KY | $96,691 Nat: $125,988 4yr Post-Grad | $9,096 /yr | $28,786 | +$195k |
Highland Heights | KY | $94,965 Nat: $125,988 4yr Post-Grad | $8,191 /yr | $29,830 | +$181k |
Milledgeville | GA | $94,468 Nat: $125,988 4yr Post-Grad | $20,686 /yr | $32,164 | +$154k |
New Orleans | LA | $92,654 Nat: $125,988 4yr Post-Grad | $23,696 /yr | $32,157 | +$132k |
Morehead | KY | $89,399 Nat: $125,988 4yr Post-Grad | $9,793 /yr | $26,654 | +$129k |
Lincoln | NE | $91,021 Nat: $125,988 4yr Post-Grad | $18,327 /yr | $27,304 | +$128k |
Edinburg | TX | $87,822 Nat: $125,988 4yr Post-Grad | $4,831 /yr | $21,006 | +$125k |
La Mirada | CA | $90,894 Nat: $125,988 4yr Post-Grad | $31,495 /yr | - | +$103k |
Riverside | CA | $89,018 Nat: $125,988 4yr Post-Grad | $26,285 /yr | $30,750 | +$96k |
Columbia College ⚠️ Caution: This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate its ROI. Columbia | MO | $87,915 Nat: $125,988 4yr Post-Grad | $22,715 /yr | $45,860 | +$93k |
Colorado State University Pueblo ⚠️ Caution: This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate its ROI. Pueblo | CO | $84,995 Nat: $125,988 4yr Post-Grad | $10,051 /yr | - | +$90k |
Saint Charles | MO | $85,320 Nat: $125,988 4yr Post-Grad | $19,638 /yr | $32,728 | +$76k |
Azusa Pacific University ⚠️ Caution: This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate its ROI. Azusa | CA | $85,420 Nat: $125,988 4yr Post-Grad | $22,212 /yr | $46,294 | +$72k |
Jacksonville | FL | $81,376 Nat: $125,988 4yr Post-Grad | $10,154 /yr | $25,293 | +$58k |
Auburn University at Montgomery ⚠️ Caution: This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate its ROI. Montgomery | AL | $78,731 Nat: $125,988 4yr Post-Grad | $13,224 /yr | - | +$30k |
Huntington | WV | $77,136 Nat: $125,988 4yr Post-Grad | $7,502 /yr | $26,931 | +$26k |
Indiana Institute of Technology ⚠️ Caution: This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate its ROI. Fort Wayne | IN | $78,881 Nat: $125,988 4yr Post-Grad | $23,206 /yr | $34,646 | +$13k |
Siloam Springs | AR | - Nat: $125,988 | $20,397 /yr | - | -$0 |
San Luis Obispo | CA | - Nat: $125,988 | $16,665 /yr | - | -$0 |
Los Angeles | CA | - Nat: $125,988 | $21,413 /yr | - | -$0 |
Moraga | CA | - Nat: $125,988 | $30,378 /yr | - | -$0 |
Florida Memorial University ⚠️ Caution: This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate its ROI. Miami Gardens | FL | - Nat: $125,988 | $23,238 /yr | - | -$0 |
Jacksonville University ⚠️ Caution: This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate its ROI. Jacksonville | FL | - Nat: $125,988 | $25,180 /yr | - | -$0 |
Coral Gables | FL | - Nat: $125,988 | $37,244 /yr | - | -$0 |
Tampa | FL | - Nat: $125,988 | $9,812 /yr | - | -$0 |
Hawaii Pacific University ⚠️ Caution: This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate its ROI. Honolulu | HI | - Nat: $125,988 | $29,657 /yr | - | -$0 |
Chicago | IL | - Nat: $125,988 | $14,860 /yr | - | -$0 |
Mishawaka | IN | - Nat: $125,988 | $18,610 /yr | - | -$0 |
Indiana University-Kokomo ⚠️ Caution: This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate its ROI. Kokomo | IN | - Nat: $125,988 | $3,968 /yr | - | -$0 |
Lawrence | KS | - Nat: $125,988 | $18,059 /yr | - | -$0 |
Hillsboro | KS | - Nat: $125,988 | $20,205 /yr | - | -$0 |
Richmond | KY | - Nat: $125,988 | $11,040 /yr | - | -$0 |
Kentucky State University ⚠️ Caution: This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate its ROI. Frankfort | KY | - Nat: $125,988 | $8,040 /yr | - | -$0 |
University of Baltimore ⚠️ Caution: This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate its ROI. Baltimore | MD | - Nat: $125,988 | $13,868 /yr | - | -$0 |
Waltham | MA | - Nat: $125,988 | $37,930 /yr | - | -$0 |
Springfield | MA | - Nat: $125,988 | $27,290 /yr | - | -$0 |
Worcester | MA | - Nat: $125,988 | $43,071 /yr | - | -$0 |
Bellevue University ⚠️ Caution: This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate its ROI. Bellevue | NE | - Nat: $125,988 | $17,550 /yr | - | -$0 |
Midland University ⚠️ Caution: This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate its ROI. Fremont | NE | - Nat: $125,988 | $26,267 /yr | - | -$0 |
New England College ⚠️ Caution: This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate its ROI. Henniker | NH | - Nat: $125,988 | $26,972 /yr | - | -$0 |
Excelsior University ⚠️ Caution: This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate its ROI. Albany | NY | - Nat: $125,988 | - /yr | - | -$0 |
Cincinnati | OH | - Nat: $125,988 | $25,648 /yr | - | -$0 |
Southern Nazarene University ⚠️ Caution: This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate its ROI. Bethany | OK | - Nat: $125,988 | $22,084 /yr | - | -$0 |
Edmond | OK | - Nat: $125,988 | $21,872 /yr | - | -$0 |
Indiana | PA | - Nat: $125,988 | $16,804 /yr | - | -$0 |
Bethlehem | PA | - Nat: $125,988 | $36,931 /yr | - | -$0 |
Harrogate | TN | - Nat: $125,988 | $20,406 /yr | - | -$0 |
Texas A & M University-Corpus Christi ⚠️ Caution: This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate its ROI. Corpus Christi | TX | - Nat: $125,988 | $15,225 /yr | - | -$0 |
Arlington | VA | - Nat: $125,988 | $29,137 /yr | - | -$0 |
Bloomsburg | PA | - Nat: $125,988 | $15,699 /yr | - | -$0 |
Campbellsville University ⚠️ Caution: This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate its ROI. Campbellsville | KY | $76,568 Nat: $125,988 4yr Post-Grad | $19,341 /yr | $26,980 | -$589 |
Charleston | WV | $75,247 Nat: $125,988 4yr Post-Grad | $22,107 /yr | $32,258 | -$17k |
Seward | NE | $75,289 Nat: $125,988 4yr Post-Grad | $23,965 /yr | $33,972 | -$20k |
Chester | PA | $71,854 Nat: $125,988 2yr Post-Grad | $25,759 /yr | - | -$28k |
Bethel University ⚠️ Caution: This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate its ROI. McKenzie | TN | $70,110 Nat: $125,988 4yr Post-Grad | $12,595 /yr | $41,000 | -$45k |
Kerrville | TX | $71,621 Nat: $125,988 4yr Post-Grad | $21,507 /yr | $20,500 | -$48k |
Louisville | KY | $67,240 Nat: $125,988 2yr Post-Grad | $21,499 /yr | - | -$63k |
Savannah State University ⚠️ Caution: This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate its ROI. Savannah | GA | $65,620 Nat: $125,988 4yr Post-Grad | $8,172 /yr | $35,152 | -$76k |
Saint Leo University ⚠️ Caution: This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate its ROI. Saint Leo | FL | $59,895 Nat: $102,812 2yr Post-Grad | $21,293 /yr | - | -$130k |
Riverdale | NY | $60,839 Nat: $125,988 2yr Post-Grad | $27,256 /yr | - | -$132k |
Louisville | KY | $61,096 Nat: $125,988 4yr Post-Grad | $25,491 /yr | $28,160 | -$149k |
San Juan | PR | $57,619 Nat: $125,988 4yr Post-Grad | $9,175 /yr | $13,750 | -$151k |
Missouri Southern State University ⚠️ Caution: This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate its ROI. Joplin | MO | $58,131 Nat: $125,988 4yr Post-Grad | $12,007 /yr | - | -$152k |
Seattle | WA | $57,318 Nat: $125,988 2yr Post-Grad | $24,488 /yr | - | -$161k |
Niagara University | NY | $54,644 Nat: $125,988 2yr Post-Grad | $17,248 /yr | $28,641 | -$173k |
Henderson State University ⚠️ Caution: This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate its ROI. Arkadelphia | AR | $56,919 Nat: $125,988 4yr Post-Grad | $23,405 /yr | - | -$184k |
South Carolina State University ⚠️ Caution: This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate its ROI. Orangeburg | SC | $54,848 Nat: $125,988 4yr Post-Grad | $18,097 /yr | - | -$194k |
Tempe | AZ | $53,599 Nat: $125,988 4yr Post-Grad | $14,967 /yr | - | -$200k |
North Adams | MA | $47,260 Nat: $125,988 2yr Post-Grad | $16,068 /yr | - | -$244k |
Buckhannon | WV | $38,871 Nat: $125,988 2yr Post-Grad | $18,083 /yr | - | -$333k |
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.