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Grand Total, All Reporting Institutions
Master's Degree
Wage Outcomes


Typically requiring one to two years of academic work beyond the bachelor's degree, master's degree programs cover a wide range of study and preparation. In some cases, they are strictly academic programs providing additional focus and specialization in a discipline. These programs may be a stepping stone to a doctor's degree or may be a final stopping point for the student. Other programs, such as the Master of Business Administration (MBA) or Master of public Administration (MPA) are clearly oriented toward professional practice. Yet other programs, like those in education or information technology, blend both the academic preapration and professional practice.


Grand Total, All Reporting Institutions, Master's Degree
Earnings in 2018Median WagePercentage of Graduates w/ Reported Wage
10 Years (2007-08 graduates)$70,01439%
8 Years (2009-10 graduates)$68,02438%
5 Years (2012-13 graduates)$61,35735%
3 Years (2014-15 graduates)$57,31835%
18 Months (2016-17 graduates)$54,22836%
Only years/programs meeting disclosure rules will be displayed to protect individual confidentiality.

Wages in 2018
Years Post-Completion10th Percentile25th PercentileMedian75th Percentile90th Percentile
80% of graduates with full-time wages fall within this range
10 Years (2007-08 graduates)$37,921$51,877$70,014$105,384$157,786
8 Years (2009-10 graduates)$37,095$50,573$68,024$98,873$143,411
5 Years (2012-13 graduates)$34,110$47,719$61,357$85,734$124,631
3 Years (2014-15 graduates)$31,954$45,650$57,318$77,446$113,960
18 Months (2016-17 graduates)$27,427$42,789$54,228$71,087$102,591
As reminder, the median value represents the very middle value of the sample of values (wage or debt) sorted from low to high. This value is found in the middle line of the barcharts.
The remaining values in the chart are constructed similarly, to display how wages and earnings are distributed. Thus, while the median tells us the middle wage, the values for the 25th and 75th percentiles tell us that half of the graduates with wages fall between those two values. Likewise, 80% of reported wages fall between the 10th and 90th percentiles. The length of each bar section clue to the dispersion in the data - that is, how much earnings can vary within a range a group of individuals.
Top 10 Largest Programs at Master's Degree Level, Median Wages 18-months Post-Completion
InstitutionProgram TitleMedian Wage
George Mason UniversityCurriculum and Instruction (130301)$54,496
James Madison UniversityEducation, General (130101)$48,849
George Mason UniversitySpecial Education and Teaching, General (131001)$56,907
Liberty UniversityElementary Education and Teaching (131202)$44,301
William & MaryBusiness Administration and Management, General (520201)$81,516
Liberty UniversitySpecial Education and Teaching, General (131001)$44,811
George Mason UniversityBusiness Administration and Management, General (520201)$99,318
Virginia Commonwealth UniversitySocial Work (440701)$41,643
Averett University Non-TraditionalBusiness Administration and Management, General (520201)$64,228
Virginia TechCurriculum and Instruction (130301)$44,736

NOTE: Fewer than 10 programs may be displayed if they disclosure rules for providing wage outcome data are not met.
Top 25 Programs by Enrollment
Top 25 Programs by Degrees Awarded


Graduate Debt
Master's Degree
Student Loans



Known Debt at Graduation of Student Borrowers
Year% of grads25th PercentileMedianEstimated Payment on Median DebtMean75th Percentile
2013-1454%$21,666$35,830$412$40,221$51,250
2014-1553%$24,558$37,613$433$41,541$52,283
2015-1653%$24,488$37,455$431$41,801$52,385
2016-1752%$23,636$37,029$426$41,504$52,069
2017-1851%$24,240$38,003$437$42,481$52,821

Note: The four-year bachelor’s degree mean and median debt levels reported on this site may differ from that reported by individual institutions. Many institutions report indebtedness based on the Common Data Set definition, which limits the indebtedness level reported to include only those students who entered the institution as first-time in college (FTIC) students. The inclusion of graduates who entered as transfer students may tend to lower the overall mean or median debt level because it does not include any debt that transfer students acquired while attending previous institutions outside Virginia and relatively few transfers from Virginia’s two-year colleges incur debt prior to transfer. Repayment estimates assume a standard 10-year repayment rate, and a 5% interest rate for undegraduate loans (for which multiple interest rates exist) and 6.8% for graduate and professional programs. Borrowers with federal loans may be eligible for Income Driven Repayment, which may result in lower payments.
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