Master's Degree Summary for Grand Total, All Reporting Institutions

Grand Total, All Institutions Public Institutions Private Institutions

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, 2023 Calendar Year

Grand Total, All Reporting Institutions, Master's Degree
Earnings in 2023	Median Wage	Percentage of Graduates w/ Reported Wage
20 Years (2002-03 Graduates)	$94,792	33%
15 Years (2007-08 Graduates)	$91,656	36%
10 Years (2012-13 Graduates)	$83,472	31%
8 Years (2014-15 Graduates)	$79,144	31%
5 Years (2017-18 Graduates)	$74,198	32%
3 Years (2019-20 Graduates)	$70,327	33%

Only years/programs meeting disclosure rules will be displayed to protect individual confidentiality.

Wages in 2023
Years Post-Completion	10th Percentile	25th Percentile	Median	75th Percentile	90th Percentile
	80% of graduates with full-time wages fall within this range
20 Years (2002-03 Graduates)	$34,500	$66,849	$94,792	$142,697	$225,975
15 Years (2007-08 Graduates)	$42,651	$66,244	$91,656	$140,002	$225,155
10 Years (2012-13 Graduates)	$43,661	$61,840	$83,472	$123,123	$194,772
8 Years (2014-15 Graduates)	$41,953	$60,439	$79,144	$117,034	$181,018
5 Years (2017-18 Graduates)	$41,914	$58,055	$74,198	$105,443	$156,864
3 Years (2019-20 Graduates)	$40,341	$55,985	$70,327	$99,469	$142,280

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 Size	Median Wage	Percentage of Graduates w/ Reported Wage	Median Debt	Percentage of Graduates with Student Debt
Educational Leadership and Administration, General	$74,063	59%	$28,204	47%
Counselor Education/School Counseling and Guidance Services	$55,521	46%	$43,092	75%
Accounting	$92,026	33%	$27,333	48%
Special Education and Teaching, General	$61,141	56%	$30,750	56%
Counseling Psychology	$54,198	14%	$54,666	78%
Education, General	$55,811	72%	$20,460	48%
Curriculum and Instruction	$62,064	49%	$29,544	54%
Theology/Theological Studies	$55,449	4%	$32,015	53%
Human Services, General	$48,403	13%	$34,166	79%
Business Administration and Management, General	$104,484	28%	$39,508	48%

Grand Total, All Reporting Institutions, (Disclosable Programs)
Programs Rank Ordered by Cohort Size, 3-year Wage Outcomes	10th Percentile	25th Percentile	Median	75th Percentile	90th Percentile
	80% of graduates with full-time wages fall within this range
Educational Leadership and Administration, General	$47,718	$59,342	$74,063	$89,416	$107,354
Counselor Education/School Counseling and Guidance Services	$33,596	$46,603	$55,521	$66,500	$76,848
Accounting	$55,992	$75,102	$92,026	$107,306	$127,059
Special Education and Teaching, General	$41,099	$50,948	$61,141	$72,362	$82,710
Counseling Psychology	$22,923	$41,019	$54,198	$68,288	$82,157
Education, General	$39,326	$50,156	$55,811	$66,299	$76,265
Curriculum and Instruction	$40,167	$51,492	$62,064	$70,910	$83,241
Theology/Theological Studies	$15,480	$37,915	$55,449	$79,957	$139,043
Human Services, General	$19,739	$37,523	$48,403	$61,400	$78,992
Business Administration and Management, General	$45,462	$71,263	$104,484	$153,065	$213,453

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 grads	25th Percentile	Median	Estimated Payment on Median Debt	Mean	75th Percentile
2019-20	50%	$23,746	$36,030	$415	$41,995	$51,250
2020-21	50%	$23,477	$35,174	$405	$41,333	$49,866
2021-22	49%	$23,266	$36,360	$418	$42,451	$51,250
2022-23	47%	$23,857	$37,463	$431	$42,796	$52,339
2023-24	44%	$24,119	$37,583	$433	$43,908	$53,475

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 undergraduate 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.