Masters Colleges & Universities: Larger Programs

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2023 Undergraduate Tuition

$15,388

0.555% growth from 2022

2023 Average Net Price

$19,478

After Financial Aid

2023 Acceptance Rate

74.6%

2,664,651 Applicants

2023 Enrolled Students

3,210,988

67.7% Full-Time

2023 Graduation Rate

57.6%

205,181 Graduates

About

Masters Colleges & Universities: Larger Programs is a Carnegie Classification grouping of higher education institutions. In 2023, the most popular Bachelor's Degree concentrations at Masters Colleges & Universities: Larger Programs were General Business Administration & Management (95,482 degrees awarded), Registered Nursing (47,004 degrees), and General Psychology (39,075 degrees).

The median undergraduate tuition at Masters Colleges & Universities: Larger Programs is $15,388, which is $4,808 more than than the national median of $10,580. The cost of out-of-state tuition is $24,550, which is 160% of the cost for in-state students, and is $9,591 more than than the national median $14,959.

Masters Colleges and Universities

Costs

The median in-state tuition for Masters Colleges & Universities: Larger Programs is $15,388, which is $4,616 more than than the national median in-state tuition of $10,773. The cost of out-of-state tuition is $24,550, which is 160% of the cost for in-state students, and is $9,591 more than than the national median out-of-state tuition of $14,959.

After taking grants and loans into account, the average net price for students is $19,478.

Tuition Costs

$15,388

2023 Undergraduate Tuition

In 2023, the cost of out-of-state tuition at Masters Colleges & Universities: Larger Programs was $24,550, which is 160% of the cost for in-state students, which was $15,388. The cost of out-of-state tuition at Masters Colleges & Universities: Larger Programs is $9,591 more than than the overall (public and private) national median of $14,959, and the in-state tuition is $4,616 more than than the overall (public and private) national median $10,773.

This chart compares the tuition costs of Masters Colleges & Universities: Larger Programs (in red) with those of other similar universities.

Average Net Price

$19,478

2023 Value

1.47%

1 Year Growth

In 2023 Masters Colleges & Universities: Larger Programs had an average net price — the price paid after factoring in grants and loans — of $19,478. Between 2022 and 2023, the average net price of Masters Colleges & Universities: Larger Programs grew by 1.47%.

This chart compares the average net price of Masters Colleges & Universities: Larger Programs (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

Other Student Expenses

$11,576

Room and Board

$1,200

Books and Supplies

The average yearly cost of room and board at Masters Colleges & Universities: Larger Programs was of $11,576 in 2023. The cost of room and board increased by 3.52% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $1,200. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Masters Colleges & Universities: Larger Programs (in red) with that of similar universities.

Financial Aid by Income Level

79%

Undergraduates Receiving Financial Aid through Grants

46%

Undergraduates Receiving Financial Aid through Loans

79% of undergraduate students at Masters Colleges & Universities: Larger Programs received financial aid through grants or loans in 2023. This represents a decline of 4.82% with respect to 2022, when 83% of undergraduate students received financial aid.

This chart compares the average award discount at Masters Colleges & Universities: Larger Programs (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

Admissions

Masters Colleges & Universities: Larger Programs received 2,664,651 undergraduate applications in 2023, which represents a 6.82% annual growth. Out of those 2,664,651 applicants, 1,988,500 students were accepted for enrollment, representing a 74.6% acceptance rate.

There were 3,210,988 students enrolled at Masters Colleges & Universities: Larger Programs in 2023. 18.3% of first-time enrollees submitted SAT scores with their applications.

Masters Colleges & Universities: Larger Programs has an overall enrollment yield of 18.3%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

74.6%

Acceptance Rate in 2023

1,988,500

Accepted Out of 2,664,651

In 2023, the undergraduate acceptance rate of Masters Colleges & Universities: Larger Programs was 74.6% (1,988,500 admissions from 2,664,651 applications). This is higher than the acceptance rate of 2022, which was 74.5%. Between 2022 and 2023, the number of applicants grew by 6.82%, while admissions grew by 7.03%.

This chart compares the acceptance rate of Masters Colleges & Universities: Larger Programs (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

18.3%

Submission Percentage (2023)

50,263

Scores Submitted (2023)

18.3% of enrolled first-time students at Masters Colleges & Universities: Larger Programs in 2023 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

Enrollment

Masters Colleges & Universities: Larger Programs had a total enrollment of 3,210,988 students in 2023. The full-time enrollment at Masters Colleges & Universities: Larger Programs is 2,174,932 students and the part-time enrollment is 1,036,056. This means that 67.7% of students enrolled at Masters Colleges & Universities: Larger Programs are enrolled full-time.

The enrolled student population at Masters Colleges & Universities: Larger Programs, both undergraduate and graduate, is 49.6% White, 17.8% Hispanic or Latino, 12.7% Black or African American, 5.74% Asian, 3.78% Two or More Races, 0.525% American Indian or Alaska Native, and 0.267% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Masters Colleges & Universities: Larger Programs in full-time Undergraduate programs are most commonly White Female (29.6%), followed by White Male (21.5%) and Hispanic or Latino Female (11.8%). Students enrolled in full-time Graduate programs are most commonly White Female (32.5%), followed by White Male (14.3%) and Hispanic or Latino Female (9.28%).

Full-Time vs Part-Time Enrollment

67.7%

Full-Time Enrollment

The total enrollment at Masters Colleges & Universities: Larger Programs in 2023, both undergraduate and graduate, is 3,210,988 students. The full-time enrollment at Masters Colleges & Universities: Larger Programs is 2,174,932 and the part-time enrollment is 1,036,056. This means that 67.7% of students enrolled at Masters Colleges & Universities: Larger Programs are enrolled full-time compared with 68.2% at similar Masters Colleges and Universities.

This chart shows the full-time vs part-time enrollment status at Masters Colleges & Universities: Larger Programs (in red) compares to similar universities.

Retention Rate over Time

75%

2023 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Masters Colleges & Universities: Larger Programs was 75%. Compared with the full-time retention rate at similar Masters Colleges and Universities (74%), Masters Colleges & Universities: Larger Programs had a retention rate higher than its peers.

This chart shows the retention rate over time at Masters Colleges & Universities: Larger Programs (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
1,592,229 enrolled students
Hispanic or Latino
572,674 enrolled students
Black or African American
408,479 enrolled students

The enrolled student population at Masters Colleges & Universities: Larger Programs is 49.6% White, 17.8% Hispanic or Latino, 12.7% Black or African American, 5.74% Asian, 3.78% Two or More Races, 0.525% American Indian or Alaska Native, and 0.267% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Masters Colleges and Universities is 50.1% White, 17.7% Hispanic or Latino, and 13.4% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 179,612 students (5.59%) did not report their race.

Graduates

In 2023, 204,142 more women than men received degrees from Masters Colleges & Universities: Larger Programs. The most common race/ethnicity group of degree recipients at Masters Colleges & Universities: Larger Programs is white (460,878 degrees awarded). There were 3.39 times more white recipients than the next closest race/ethnicity group, hispanic or latino (135,906 degrees).

The most common Bachelor's Degree concentration at Masters Colleges & Universities: Larger Programs is General Business Administration & Management (52,723 degrees awarded), followed by Registered Nursing (40,011 degrees) and General Psychology (36,009 degrees).

In 2023, the most specialized majors across all degree types at Masters Colleges & Universities: Larger Programs, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Applied Sciences (1,591 degrees awarded), Education (100,782 degrees), and Library Science (1,952 degrees).

Common Jobs by Major

Elementary & middle school teachers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Masters Colleges & Universities: Larger Programs are Elementary & middle school teachers (1,650,471 people), Secondary school teachers (571,256 people), Education administrators (331,756 people), Other managers (243,234 people), and Special education teachers (231,681 people).

The most specialized majors at Masters Colleges & Universities: Larger Programs in 2023 are Applied Sciences (1,591 degrees awarded), Education (100,782 degrees), Library Science (1,952 degrees), Parks, Recreation, & Leisure (19,479 degrees), and Psychology (52,625 degrees) (as of 2023).

Highest Paying Jobs by Major

Surgeons

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Masters Colleges & Universities: Larger Programs are Surgeons, Cardiovascular technologists and technicians, Aircraft pilots & flight engineers, Physicians, and Nurse anesthetists

The most specialized majors at Masters Colleges & Universities: Larger Programs are Applied Sciences (1,591 degrees awarded), Education (100,782 degrees), Library Science (1,952 degrees), Parks, Recreation, & Leisure (19,479 degrees), and Psychology (52,625 degrees) (as of 2023).

Common Industries by Major

Elementary & secondary schools

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Masters Colleges & Universities: Larger Programs are Elementary & secondary schools (3,057,177 people), Colleges, universities & professional schools, including junior colleges (401,558 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (357,516 people), Outpatient care centers (263,093 people), and Individual & family services (259,949 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Masters Colleges & Universities: Larger Programs.

Most Common (2023)

General Business Administration & Management
52,723 degrees awarded
Registered Nursing
40,011 degrees awarded
General Psychology
36,009 degrees awarded

In 2023, the most common bachelors degree concentration at Masters Colleges & Universities: Larger Programs was General Business Administration & Management with 52,723 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Masters Colleges & Universities: Larger Programs according to their major.

Sex Breakdown for Common Majors

326,188

Degrees Awarded to Men

in 2023

530,330

Degrees Awarded to Women

in 2023

In 2023, 326,188 degrees were awarded to men at Masters Colleges & Universities: Larger Programs, which is 0.615 times less than the number of degrees awarded to females (530,330).

This chart displays the sex disparity between the top 5 majors at Masters Colleges & Universities: Larger Programs by degrees awarded.

Most Common Male Majors

In 2023, 47,825 degrees were awarded to men at Masters Colleges & Universities: Larger Programs in General Business Administration & Management, which is 1 times more than the 47,657 female recipients with that same degree.

Most Common Female Majors

In 2023, 47,657 degrees were awarded to men at Masters Colleges & Universities: Larger Programs in General Business Administration & Management, which is 0.996 times less than the 47,825 male recipients with that same degree.

Time to Complete

39%

100% Completion Time

56%

150% Completion Time

In 2023, 39% of students graduating from Masters Colleges & Universities: Larger Programs completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 56% completed their degrees within 150% of the normal time, and 58% within 200%.

The following chart shows these completion rates over time compared to the average for the Masters Colleges and Universities Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Asian Female

Highest Graduation Rate (70.7%)

The student demographic with the highest graduation rate in 2023 at Masters Colleges & Universities: Larger Programs is Female and Asian (70.7% graduation rate). Across all Masters Colleges and Universities, Non-resident Alien Male students have the highest graduation rate (65.7%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 2.34% of graduates (4799 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
460,878 degrees awarded
Hispanic or Latino
135,906 degrees awarded
Black or African American
92,666 degrees awarded

The most common race/ethnicity at Masters Colleges & Universities: Larger Programs is white (460,878 degrees awarded). There were 3.39 times more white recipients than the next closest race/ethnicity group, hispanic or latino (135,906 degrees).

5.19% of degree recipients (44,424 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Female
287,763 degrees awarded
White Male
173,115 degrees awarded
Hispanic or Latino Female
87,482 degrees awarded

The most common race/ethnicity and sex grouping at Masters Colleges & Universities: Larger Programs is white female (287,763 degrees awarded). There were 1.66 times more white female recipients than the next closest race/ethnicity group, white male (173,115 degrees).

Operations

Masters Colleges & Universities: Larger Programs has an endowment valued at nearly $61.1M, as of the end of the 2023 fiscal year. The return on its endowment was of 2.35B (3.85k%) compared to the 5.72% average return (2.84M on 49.7M) across all Masters Colleges and Universities.

In 2023, Masters Colleges & Universities: Larger Programs had a total salary expenditure of 131M. Masters Colleges & Universities: Larger Programs employs 27,499 Professors, 25,953 Associate professors and 24,403 Assistant professors. Most academics at Masters Colleges & Universities: Larger Programs are Male Professor (15,922), Female Assistant professor (14,085), and Female Associate professor (13,118).

The most common positions for non-instructional staff at Masters Colleges & Universities: Larger Programs are: Office and Administrative Support, with 36,422 employees, Management, with 32,403 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 27,785 employees.

Endowment

$61.1M

2023 Endowment

6.87%

growth from 2022

Masters Colleges & Universities: Larger Programs has an endowment valued at about $61.1M, as of the end of the 2023 fiscal year. The endowment of Masters Colleges & Universities: Larger Programs grew 6.87% from the previous year. The value of their endowment was $11.3M higher than than the median endowment of Masters Colleges and Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at Masters Colleges & Universities: Larger Programs (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Masters Colleges & Universities: Larger Programs Carnegie Classification grouping.

Government Grants and Contracts

Grants & Contracts

$1.87B - Federal
$1.02B - State
$112M - Local

As of 2023, Masters Colleges & Universities: Larger Programs received $1.87B in grants and contracts from the federal government, $1.02B from state grants and contracts, and $112M from local grants and contracts.

Salary Expenditure

$55M

2023 Salaries

0.62%

growth from 2022

In 2023, Masters Colleges & Universities: Larger Programs paid a median of $55M in salaries, which represents 42% of their overall expenditure ($131M) and a 0.62% growth from the previous year. This is compared to a 2.48% growth between 2021 and 2022, and a 1.1% decline between 2020 and 2021.

The median for similar Masters Colleges and Universities is 36.1M (39.6% of overall expenditures).

Instructional Salaries

$8.99B

Instructional Salaries

100,085

Number of Employees

In 2023, Masters Colleges & Universities: Larger Programs paid a total of $8.99B to 100,085 employees working as instructors, which represents 33.9% of all salaries paid.

This is compared to a median of $1.12M (2.97%) for similar Masters Colleges and Universities.

Occupations by Share

Professor

Most Common Instructor

27,499 Employees

Office and Administrative Support

Most Common Non-Instructional Employee

36,422 Employees

In 2023, the most common positions for instructional staff at Masters Colleges & Universities: Larger Programs were Professor with 27,499 employees, Associate professor with 25,953 employees, and Assistant professor with 24,403 employees.

In 2023, the most common positions for non-instructional staff at Masters Colleges & Universities: Larger Programs were Office and Administrative Support with 36,422 employees, Management with 32,403 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 27,785 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Male Professor
Female Assistant professor
Female Associate professor

In 2023, the most common demographic for instructional staff at Masters Colleges & Universities: Larger Programs was Male Professor with 15,922 employees, Female Assistant professor with 14,085 employees, and Female Associate professor with 13,118 employees.

This chart shows the sex split between each academic rank present at Masters Colleges & Universities: Larger Programs.