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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.


Wage Outcomes, 2022 Calendar Year
Grand Total, All Reporting Institutions, Master's Degree
Earnings in 2022Median WagePercentage of Graduates w/ Reported Wage
20 Years (2001-02 Graduates) $91,09932%
15 Years (2006-07 Graduates) $87,58537%
10 Years (2011-12 Graduates) $79,54733%
8 Years (2013-14 Graduates) $76,72231%
5 Years (2016-17 Graduates) $70,43132%
3 Years (2018-19 Graduates) $66,48734%
18 Months (2020-21 Graduates) $62,94834%
Only years/programs meeting disclosure rules will be displayed to protect individual confidentiality.

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Wages in 2022
Years Post-Completion10th Percentile25th PercentileMedian75th Percentile90th Percentile
80% of graduates with full-time wages fall within this range
20 Years (2001-02 Graduates) $33,782$63,190$91,099$138,427$210,171
15 Years (2006-07 Graduates) $41,095$62,795$87,585$128,917$208,869
10 Years (2011-12 Graduates) $39,883$58,429$79,547$119,699$187,246
8 Years (2013-14 Graduates) $38,955$56,893$76,722$112,857$170,205
5 Years (2016-17 Graduates) $38,896$54,590$70,431$101,369$153,853
3 Years (2018-19 Graduates) $36,115$52,571$66,487$92,901$136,409
18 Months (2020-21 Graduates) $33,146$49,969$62,948$84,662$122,157

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.
Grand Total, All Reporting Institutions,
Programs Rank Ordered by Cohort SizeMedian WagePercentage of Graduates w/ Reported WageMedian DebtPercentage of Graduates with Student Debt
Educational Leadership and Administration, General$74,54259%$28,00047%
Counselor Education/School Counseling and Guidance Services$55,54446%$42,77875%
Accounting$91,43233%$27,33348%
Special Education and Teaching, General$61,50156%$30,75056%
Counseling Psychology$54,21614%$54,66678%
Education, General$55,78872%$20,46048%
Curriculum and Instruction$62,76049%$29,44554%
Theology/Theological Studies$55,4494%$31,87153%
Human Services, General$48,40513%$34,16679%
Business Administration and Management, General$102,34328%$39,30549%
Grand Total, All Reporting Institutions, (Disclosable Programs)
Programs Rank Ordered by Cohort Size, 3-year Wage Outcomes10th Percentile25th PercentileMedian75th Percentile90th Percentile
80% of graduates with full-time wages fall within this range
Educational Leadership and Administration, General$47,910$59,411$74,542$90,114$108,334
Counselor Education/School Counseling and Guidance Services$33,838$46,964$55,544$66,433$76,984
Accounting$55,356$74,229$91,432$107,477$128,099
Special Education and Teaching, General$41,458$50,976$61,501$72,590$82,795
Counseling Psychology$23,348$41,019$54,216$68,285$82,132
Education, General$39,350$50,417$55,788$65,923$76,453
Curriculum and Instruction$40,514$51,770$62,760$71,163$83,542
Theology/Theological Studies$15,480$37,915$55,449$79,957$139,043
Human Services, General$19,925$37,464$48,405$61,399$79,262
Business Administration and Management, General$44,392$69,579$102,343$150,339$208,219

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
2017-1851%$24,240$38,003$437$42,481$52,821
2018-1951%$24,170$37,706$434$42,122$51,647
2019-2050%$23,746$36,030$415$41,994$51,250
2020-2150%$23,500$35,396$407$41,419$50,000
2021-2249%$23,266$36,360$418$42,451$51,250

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.
Notes:

Full Legal Name - "Virginia Polytechnic Institute and State University" (Virginia Tech); "The College of William and Mary" (William & Mary)
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