Masters Colleges and Universities

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2017 Undergraduate Tuition

$16,680

2.18% growth from 2016

2017 Average Net Price

$18,737

After Financial Aid

2017 Acceptance Rate

66.8%

3,166,577 Applicants

2017 Enrolled Students

4,456,927

68.6% Full-Time

2016 Graduation Rate

51.2%

262,210 Graduates

About

Masters Colleges and Universities is a Carnegie Classification grouping of higher education institutions. In 2016, the most popular Bachelor's Degree concentrations at Masters Colleges and Universities were General Business Administration & Management (71,044 degrees awarded), Registered Nursing (53,960 degrees), and General Psychology (44,700 degrees).

In 2017, 1,108,507 degrees were awarded across all undergraduate and graduate programs at Masters Colleges and Universities. 60.7% of these degrees were awarded to women, and 39.3% awarded men. The majority of degree recipients were white (638,144 degrees), 4.66 times more than then the next closest race/ethnicity group, hispanic or latino (136867 degrees).

The median undergraduate tuition at Masters Colleges and Universities is $16,680, which is $5,980 more than than the national median of $10,700. The cost of out-of-state tuition is $20,733, which is 124% of the cost for in-state students, and is $6,661 more than than the national median $14,072.

Costs

The median in-state tuition at Doctoral Universities is $16,680, which is $5,914 more than than the national median in-state tuition of $10,766. The cost of out-of-state tuition is $20,733, which is 124% of the cost for in-state students, and is $6,661 more than than the national median out-of-state tuition of $14,072.

After taking grants and loans into account, the average net price for students is $18,737.

Student Expenses

Tuition Costs

$16,680

2017 Undergraduate Tuition

In 2017, the cost of out-of-state tuition at Masters Colleges and Universities was $20,733, which is 124% of the cost for in-state students, which was $16,680. The cost of out-of-state tuition at Masters Colleges and Universities is $6,661 more than than the overall (public and private) national median of $14,072, and the in-state tuition is $5,914 more than than the overall (public and private) national median $10,766.

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

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Average Net Price

$18,737

2017 Value

1.47%

1 Year Growth

In 2017 Masters Colleges and Universities had an average net price — the price paid after factoring in grants and loans — of $18,737. Between 2016 and 2017, the average net price of Masters Colleges and Universities grew by 1.47%.

This chart compares the average net price of Masters Colleges and Universities (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.

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Other Student Expenses

$9,580

Room and Board

$1,200

Books and Supplies

The average yearly cost of room and board at Masters Colleges and Universities was of $9,580 in 2017. During the same period, the average yearly cost of books and supplies was $1,200. The cost of room and board increased by 2.9% between 2016 and 2017. The cost of books and supplies did not change during the same period.

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

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Financial Aid

Financial Aid by Income Level

78%

Of Undergraduates Receive Grants

59%

Of Undergraduates Receive Federal Loans

78% of undergraduate students at Masters Colleges and Universities received grants or loans in 2017. This represents a growth of 1.3% with respect to 2016, when 77% of undergraduate students received financial aid.

This chart compares the average award discount at Masters Colleges and Universities (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.

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Admissions

Masters Colleges and Universities received 3,166,577 undergraduate applications in 2017, which represents a 2.19% annual growth. Out of those 3,166,577 applicants, 2,114,612 students were accepted for enrollment, representing a 66.8% acceptance rate.

There were 4,456,927 students enrolled at Masters Colleges and Universities in 2017, and 48.8% of first-time enrollees submitted SAT scores with their applications.

Masters Colleges and Universities has an overall enrollment yield of 24.5%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

66.8%

Acceptance Rate in 2017

2,114,612

Accepted Out of 3,166,577

In 2017, the undergraduate acceptance rate of Masters Colleges and Universities was 66.8% (2,114,612 admissions from 3,166,577 applications). This is higher than the acceptance rate of 2016, which was 65.4%. Between 2016 and 2017, the number of applicants grew by 2.19%, while admissions grew by 4.34%.

This chart compares the acceptance rate of Masters Colleges and Universities (in red) with that of other similar universities.

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SAT Scores

48.8%

Submission Percentage

230,045

Scores Submitted

48.8% of enrolled first-time students at Masters Colleges and Universities in 2017 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

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Enrollment

Masters Colleges and Universities has a total enrollment of 4,456,927 students. The full-time enrollment at Masters Colleges and Universities is 3,058,409 students and the part-time enrollment is 1,398,518. This means that 68.6% of students enrolled at Masters Colleges and Universities are enrolled full-time.

The enrolled student population at Masters Colleges and Universities, both undergraduate and graduate, is 54.4% White, 15% Hispanic or Latino, 13.2% Black or African American, 4.66% Asian, 3.19% Two or More Races, 0.569% American Indian or Alaska Native, and 0.321% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Masters Colleges and Universities in full-time Undergraduate programs are majority White Female (31.6%), followed by White Male (23.5%) and Hispanic or Latino Female (9.92%). Students enrolled in full-time Graduate programs are majority White Female (34.4%), followed by White Male (17.4%) and Black or African American Female (8.54%).

Full-Time vs Part-Time Enrollment

68.6%

Full-Time Enrollment

The total enrollment at Masters Colleges and Universities, both undergraduate and graduate, is 4,456,927 students. The full-time enrollment at Masters Colleges and Universities is 3,058,409 and the part-time enrollment is 1,398,518. This means that 68.6% of students enrolled at Masters Colleges and Universities are enrolled full-time.

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

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Retention Rate over Time

75%

2017 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 and Universities was 75%. Compared with the full-time retention rate at similar (75%), Masters Colleges and Universities had a retention rate approximately the same as its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. White

    2,426,591

  2. Hispanic or Latino

    666,339

  3. Black or African American

    588,719

The enrolled student population at Masters Colleges and Universities is 54.4% White, 15% Hispanic or Latino, 13.2% Black or African American, 4.66% Asian, 3.19% Two or More Races, 0.569% American Indian or Alaska Native, and 0.321% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates.

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, 223,913 students (5.02%) did not report their race.

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Graduates

In 2017, 238209 more women than men received degrees from Masters Colleges and Universities. The majority of degree recipients at Masters Colleges and Universities are white (638,144 degrees awarded). There were 4.66 times more white graduates than the next closest race/ethnicity group, hispanic or latino (136867 degrees).

The most common Bachelor's Degree concentration at Masters Colleges and Universities is General Business Administration & Management (71,044 degrees awarded), followed by Registered Nursing (53,960 degrees) and General Psychology (44,700 degrees).

The most specialized majors across all degree types at Masters Colleges and Universities, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Education (125,024 degrees awarded), Parks, Recreation, & Leisure (27,052 degrees), and Psychology (61,627 degrees).

Workforce

Common Jobs by Major

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Masters Colleges and Universities are Elementary & middle school teachers (2,085,802 people), Secondary school teachers (358,587 people), Education administrators (332,990 people), Social workers, all other (284,965 people), and Other managers (228,141 people).

The most specialized majors at Masters Colleges and Universities are Education (125,024 degrees awarded), Parks, Recreation, & Leisure (27,052 degrees), Psychology (61,627 degrees), Public Administration and Social Service (32,721 degrees), and English (19,275 degrees).

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Highest Paying Jobs by Major

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Masters Colleges and Universities are Surgeons, Electrical & electronics engineers, Physicians, Dentists, and Geoscientists and hydrologists, except geographers

The most specialized majors at Masters Colleges and Universities are Education (125,024 degrees awarded), Parks, Recreation, & Leisure (27,052 degrees), Psychology (61,627 degrees), Public Administration and Social Service (32,721 degrees), and English (19,275 degrees).

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Common Industries by Major

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Masters Colleges and Universities are Elementary & secondary schools (3,226,982 people), Colleges, universities & professional schools, including junior colleges (496,426 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (376,488 people), Individual & family services (251,967 people), and Outpatient care centers (241,888 people).

The most specialized majors at Masters Colleges and Universities are Education (125,024 degrees awarded), Parks, Recreation, & Leisure (27,052 degrees), Psychology (61,627 degrees), Public Administration and Social Service (32,721 degrees), and English (19,275 degrees).

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Degrees

Majors Awarded

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

Most Common

  1. 71044 degrees awarded

  2. 53960 degrees awarded

  3. 44700 degrees awarded

In 2017, the most common bachelors degree concentration at Masters Colleges and Universities was General Business Administration & Management with 71044 degrees awarded.

This visualization illustrates the percentage of degree recipients from bachelors degree programs at Masters Colleges and Universities according to their major.

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 435,149

  2. 673,358

In 2017, 435,149 degrees were awarded to men at Masters Colleges and Universities, which is 0.646 times less than the number of degrees awarded to females (673,358).

This chart displays the gender disparity between the top 5 majors at Masters Colleges and Universities by degrees awarded.

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Most Common Male Majors

In 2017, 62467 degrees were awarded to men at Masters Colleges and Universities in General Business Administration & Management, which is 1.06 times more than the 58907 female recipients with that same degree.

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Most Common Female Majors

In 2017, 58907 degrees were awarded to women at Masters Colleges and Universities in General Business Administration & Management, which is 0.943 times less than the 62467 male recipients with that same degree.

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Time to Complete

31%

100% Completion Time

50%

150% Completion Time

In 2017, 31% of students graduating from Masters Colleges and Universities completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 50% completed their degrees within 150% of the normal time, and 51% within 200%.

The following chart shows these completion rates over time compared to the average for the 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.

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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

Asian Female

Highest Graduation Rate (63.3%)

The student demographic with the highest graduation rate at Masters Colleges and Universities is Female and Asian (63.3% graduation rate). Across all , Asian Female students have the highest graduation rate (67.2%).

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, 4.32% of graduates (11340 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    638,144 degrees awarded

  2. Hispanic or Latino

    136,867 degrees awarded

  3. Black or African American

    129,056 degrees awarded

The most common race/ethnicity at Masters Colleges and Universities is white (638,144 degrees awarded). There were 4.66 times more white recipients than the next closest race/ethnicity group, hispanic or latino (136867 degrees).

5.32% of degree recipients (58,966 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Female

    389,593 degrees awarded

  2. White Male

    248,551 degrees awarded

  3. Hispanic or Latino Female

    86,444 degrees awarded

The most common race/ethnicity and gender grouping at Masters Colleges and Universities is white female (389,593 degrees awarded). There were 1.57 times more white female recipients than the next closest race/ethnicity group, white male (248,551 degrees).

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Operations

Masters Colleges and Universities has an endowment valued at nearly $33.1M, as of the end of the 2017 fiscal year. The return on its endowment was of $3.89B (11.7k%), compared to the 6.94% average return ($2.3M on $33.1M) across all .

In 2017, Masters Colleges and Universities had a total expenditure of $77.6M. Of that $77.6M, they spent $31.4M on salaries and $77.6M on benefits.

Masters Colleges and Universities employs 41,332 Assistant professors, 38,795 Associate professors, and 38,404 Professors. Most academics at Masters Colleges and Universities are Male Professors (23,863), Female Assistant professors(22,885), and Male Associate professors (20,090).

The most common positions for non-instructional staff at Masters Colleges and Universities are: Office and Administrative Support, with 60706 employees, Management, with 45472 employees, and Service with 35465 employees.

Finances

Endowment

$33.1M

2017 Endowment

12.6%

growth from 2016

Masters Colleges and Universities have a median endowment valued at about $33.1M, as of the end of the 2017 fiscal year. The endowment of Masters Colleges and Universities grew 12.6% from the previous year.

This line chart shows how the endowment at Masters Colleges and Universities (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 and Universities Carnegie Classification grouping.

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Government Grants and Contracts

Grants & Contracts

  1. $1.9B - Federal

  2. $1.27B - State

  3. $133M - Local

As of 2017, Masters Colleges and Universities received $1.9B in grants and contracts from the federal government, $1.27B from state grants and contracts, and $133M from local grants and contracts.

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Expenses

Primary Expenses

Expenditure values can vary depending on whether the institution is public or private, and are not available for private-for-profit schools.

$31.4M

Salary Expenditure

$77.6M

Benefits Expenditure

In 2017, Masters Colleges and Universities had a total expenditure of $77.6M. Of that $77.6M, they spent $31.4M on salaries and $77.6M on benefits.

The bar chart shows the share of the primary expenses at Masters Colleges and Universities over time, and the line chart shows the expenditure for solely salaries and benefits over time.

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Expenditure by Category

This tree map shows all of the primary expenses of Research at Masters Colleges and Universities as a share of total expenditure.

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Salary Expenditure

$31.4M

2017 Salaries

0.535%

growth from 2016

In 2017, Masters Colleges and Universities paid a median of $31.4M in salaries, which represents 40.5% of their overall expenditure ($77.6M) and a 0.535% growth from the previous year. This is compared to a 0.732% decline from 2015 and a 3.22% growth from 2014.

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Instructional Salaries

$11.2B

Instructional Salaries

147,084

Number of Employees

In 2017, Masters Colleges and Universities paid a total of $11.2B to 147,084 employees working as instructors, which represents 34.3% of all salaries paid.

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Faculty and Staff

Occupations by Share

Assistant professor

Most Common Instructor

41332 Employees

Office and Administrative Support

Most Common Non-Instructional Employee

60706 Employees

In 2017, the most common positions for instructional staff at Masters Colleges and Universities were Assistant professor with 41,332 employees; Associate professor with 38,795 employees; and Associate professor with 38,404 employees.

In 2017, the most common positions for non-instructional staff at Masters Colleges and Universities were Office and Administrative Support with 60,706 employees; Management with 45,472 employees; and Service with 35,465 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Male Professor

  2. Female Assistant professor

  3. Male Associate professor

In 2017, the most common demographic for instructional staff at Masters Colleges and Universities was Male Professor with 23,863 employees, Female Assistant professor with 22,885 employees, and Male Associate professor with 20,090 employees.

This chart shows the gender split between each academic rank present at Masters Colleges and Universities.

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