Masters Colleges & Universities: Larger Programs

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2022 Undergraduate Tuition

$15,303

6.33% growth from 2021

2022 Average Net Price

$19,196

After Financial Aid

2022 Acceptance Rate

74.5%

2,494,581 Applicants

2022 Enrolled Students

3,137,723

67% Full-Time

2022 Graduation Rate

57.5%

201,099 Graduates

About

Masters Colleges & Universities: Larger Programs is a Carnegie Classification grouping of higher education institutions. In 2022, the most popular Bachelor's Degree concentrations at Masters Colleges & Universities: Larger Programs were General Business Administration & Management (96,070 degrees awarded), Registered Nursing (49,604 degrees), and General Psychology (38,208 degrees).

The median undergraduate tuition at Masters Colleges & Universities: Larger Programs is $15,303, which is $4,747 more than than the national median of $10,556. The cost of out-of-state tuition is $24,255, which is 158% of the cost for in-state students, and is $9,322 more than than the national median $14,933.

Masters Colleges and Universities

Costs

The median in-state tuition for Masters Colleges & Universities: Larger Programs is $15,303, which is $4,623 more than than the national median in-state tuition of $10,680. The cost of out-of-state tuition is $24,255, which is 158% of the cost for in-state students, and is $9,322 more than than the national median out-of-state tuition of $14,933.

After taking grants and loans into account, the average net price for students is $19,196.

Tuition Costs

$15,303

2022 Undergraduate Tuition

In 2022, the cost of out-of-state tuition at Masters Colleges & Universities: Larger Programs was $24,255, which is 158% of the cost for in-state students, which was $15,303. The cost of out-of-state tuition at Masters Colleges & Universities: Larger Programs is $9,322 more than than the overall (public and private) national median of $14,933, and the in-state tuition is $4,623 more than than the overall (public and private) national median $10,680.

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

Average Net Price

$19,196

2022 Value

3.87%

1 Year Growth

In 2022 Masters Colleges & Universities: Larger Programs had an average net price — the price paid after factoring in grants and loans — of $19,196. Between 2021 and 2022, the average net price of Masters Colleges & Universities: Larger Programs grew by 3.87%.

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

$11,182

Room and Board

$1,200

Books and Supplies

The average yearly cost of room and board at Masters Colleges & Universities: Larger Programs was of $11,182 in 2022. The cost of room and board increased by 2.05% between 2021 and 2022.

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

83%

Undergraduates Receiving Financial Aid through Grants

47%

Undergraduates Receiving Financial Aid through Loans

83% of undergraduate students at Masters Colleges & Universities: Larger Programs received financial aid through grants or loans in 2022. This represents a growth of 2.47% with respect to 2021, when 81% 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 2,494,581 undergraduate applications in 2022, which represents a 8.22% annual growth. Out of those 2,494,581 applicants, 1,857,950 students were accepted for enrollment, representing a 74.5% acceptance rate.

There were 3,137,723 students enrolled at Masters Colleges & Universities: Larger Programs in 2022. 19.2% of first-time enrollees submitted SAT scores with their applications.

Masters Colleges & Universities: Larger Programs has an overall enrollment yield of 18.9%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

74.5%

Acceptance Rate in 2022

1,857,950

Accepted Out of 2,494,581

In 2022, the undergraduate acceptance rate of Masters Colleges & Universities: Larger Programs was 74.5% (1,857,950 admissions from 2,494,581 applications). This is lower than the acceptance rate of 2021, which was 75.7%. Between 2021 and 2022, the number of applicants grew by 8.22%, while admissions grew by 6.42%.

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

19.2%

Submission Percentage (2022)

52,058

Scores Submitted (2022)

19.2% of enrolled first-time students at Masters Colleges & Universities: Larger Programs in 2022 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 3,137,723 students in 2022. The full-time enrollment at Masters Colleges & Universities: Larger Programs is 2,100,878 students and the part-time enrollment is 1,036,845. This means that 67% 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 50.6% White, 17.6% Hispanic or Latino, 12.3% Black or African American, 5.82% Asian, 3.61% Two or More Races, 0.527% American Indian or Alaska Native, and 0.278% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Masters Colleges & Universities: Larger Programs in full-time Undergraduate programs are most commonly White Female (30%), followed by White Male (21.6%) and Hispanic or Latino Female (11.8%). Students enrolled in full-time Graduate programs are most commonly White Female (33.3%), followed by White Male (14.5%) and Hispanic or Latino Female (9.31%).

Full-Time vs Part-Time Enrollment

67%

Full-Time Enrollment

The total enrollment at Masters Colleges & Universities: Larger Programs in 2022, both undergraduate and graduate, is 3,137,723 students. The full-time enrollment at Masters Colleges & Universities: Larger Programs is 2,100,878 and the part-time enrollment is 1,036,845. This means that 67% of students enrolled at Masters Colleges & Universities: Larger Programs are enrolled full-time compared with 67.6% 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

74%

2022 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 74%. Compared with the full-time retention rate at similar Masters Colleges and Universities (73%), 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 (2022)

White
1,588,037 enrolled students
Hispanic or Latino
551,122 enrolled students
Black or African American
387,345 enrolled students

The enrolled student population at Masters Colleges & Universities: Larger Programs is 50.6% White, 17.6% Hispanic or Latino, 12.3% Black or African American, 5.82% Asian, 3.61% Two or More Races, 0.527% American Indian or Alaska Native, and 0.278% 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 51.2% White, 17.3% Hispanic or Latino, and 13% 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, 177,641 students (5.66%) did not report their race.

Graduates

In 2022, 215,305 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 (474,639 degrees awarded). There were 3.51 times more white recipients than the next closest race/ethnicity group, hispanic or latino (135126 degrees).

The most common Bachelor's Degree concentration at Masters Colleges & Universities: Larger Programs is General Business Administration & Management (53,500 degrees awarded), followed by Registered Nursing (42,546 degrees) and General Psychology (35,775 degrees).

In 2022, 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 (1,594 degrees awarded), Education (105,036 degrees), and Library Science (2,113 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 (1,654,641 people), Secondary school teachers (474,418 people), Education administrators (303,832 people), Social workers, all other (265,440 people), and Special education teachers (208,704 people).

The most specialized majors at Masters Colleges & Universities: Larger Programs in 2022 are Applied Sciences (1,594 degrees awarded), Education (105,036 degrees), Library Science (2,113 degrees), Parks, Recreation, & Leisure (20,423 degrees), and Public Administration and Social Service (24,669 degrees) (as of 2022).

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 (1,594 degrees awarded), Education (105,036 degrees), Library Science (2,113 degrees), Parks, Recreation, & Leisure (20,423 degrees), and Public Administration and Social Service (24,669 degrees) (as of 2022).

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 (2022)

General Business Administration & Management
53,500 degrees awarded
Registered Nursing
42,546 degrees awarded
General Psychology
35,775 degrees awarded

In 2022, the most common bachelors degree concentration at Masters Colleges & Universities: Larger Programs was General Business Administration & Management with 53,500 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

326,870

Degrees Awarded to Men

in 2022

542,175

Degrees Awarded to Women

in 2022

In 2022, 326,870 degrees were awarded to men at Masters Colleges & Universities: Larger Programs, which is 0.603 times less than the number of degrees awarded to females (542,175).

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 2022, 48117 degrees were awarded to men at Masters Colleges & Universities: Larger Programs in General Business Administration & Management, which is 1 times more than the 47953 female recipients with that same degree.

Most Common Female Majors

In 2022, 47953 degrees were awarded to men at Masters Colleges & Universities: Larger Programs in General Business Administration & Management, which is 0.997 times less than the 48117 male recipients with that same degree.

Time to Complete

38%

100% Completion Time

56%

150% Completion Time

In 2022, 38% 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 (71.1%)

The student demographic with the highest graduation rate in 2022 at Masters Colleges & Universities: Larger Programs is Female and Asian (71.1% graduation rate). Across all Masters Colleges and Universities, Asian Female students have the highest graduation rate (73.2%).

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, 2.41% of graduates (4838 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)

White
474,639 degrees awarded
Hispanic or Latino
135,126 degrees awarded
Black or African American
95,035 degrees awarded

The most common race/ethnicity at Masters Colleges & Universities: Larger Programs is white (474,639 degrees awarded). There were 3.51 times more white recipients than the next closest race/ethnicity group, hispanic or latino (135126 degrees).

5.47% of degree recipients (47,517 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

White Female
296,754 degrees awarded
White Male
177,885 degrees awarded
Hispanic or Latino Female
87,471 degrees awarded

The most common race/ethnicity and sex grouping at Masters Colleges & Universities: Larger Programs is white female (296,754 degrees awarded). There were 1.67 times more white female recipients than the next closest race/ethnicity group, white male (177885 degrees).

Operations

Masters Colleges & Universities: Larger Programs has an endowment valued at nearly $57.1M, as of the end of the 2022 fiscal year. The return on its endowment was of −2.4B (−4.21k%) compared to the 0.773% average return (360k on 46.6M) across all Masters Colleges and Universities.

In 2022, Masters Colleges & Universities: Larger Programs had a total salary expenditure of 133M. Masters Colleges & Universities: Larger Programs employs 27,227 Professors, 26,492 Associate professors and 24,898 Assistant professors. Most academics at Masters Colleges & Universities: Larger Programs are Male Professor (15,944), Female Assistant professor (14,421), and Female Associate professor (13,356).

The most common positions for non-instructional staff at Masters Colleges & Universities: Larger Programs are: Office and Administrative Support, with 36,796 employees, Management, with 31,407 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 26,604 employees.

Endowment

$57.1M

2022 Endowment

9.93%

decline from 2021

Masters Colleges & Universities: Larger Programs has an endowment valued at about $57.1M, as of the end of the 2022 fiscal year. The endowment of Masters Colleges & Universities: Larger Programs declined 9.93% from the previous year. The value of their endowment was $10.5M 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

$3.06B - Federal
$898M - State
$93.5M - Local

As of 2022, Masters Colleges & Universities: Larger Programs received $3.06B in grants and contracts from the federal government, $898M from state grants and contracts, and $93.5M from local grants and contracts.

Salary Expenditure

$54.5M

2022 Salaries

3.43%

growth from 2021

In 2022, Masters Colleges & Universities: Larger Programs paid a median of $54.5M in salaries, which represents 40.9% of their overall expenditure ($133M) and a 3.43% growth from the previous year. This is compared to a 1.36% decline between 2020 and 2021, and a 1.39% growth between 2019 and 2020.

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

Instructional Salaries

$8.66B

Instructional Salaries

100,322

Number of Employees

In 2022, Masters Colleges & Universities: Larger Programs paid a total of $8.66B to 100,322 employees working as instructors, which represents 34.3% of all salaries paid.

This is compared to a median of $11.3M (31.2%) for similar Masters Colleges and Universities.

Occupations by Share

Professor

Most Common Instructor

27,227 Employees

Office and Administrative Support

Most Common Non-Instructional Employee

36,796 Employees

In 2022, the most common positions for instructional staff at Masters Colleges & Universities: Larger Programs were Professor with 27,227 employees, Associate professor with 26,492 employees, and Assistant professor with 24,898 employees.

In 2022, the most common positions for non-instructional staff at Masters Colleges & Universities: Larger Programs were Office and Administrative Support with 36,796 employees, Management with 31,407 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 26,604 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2022)

Male Professor
Female Assistant professor
Female Associate professor

In 2022, the most common demographic for instructional staff at Masters Colleges & Universities: Larger Programs was Male Professor with 15,944 employees, Female Assistant professor with 14,421 employees, and Female Associate professor with 13,356 employees.

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