Real Estate programs
CIP 5215 · Business, Management & Marketing · ranked by median earnings four years after completion
40 institutions report graduate earnings for Real Estate programs (College Scorecard, 2024-25). Across them the median is $95,576 four years after completion, with a typical debt-to-earnings ratio of 0.26× and 89% of graduates earning above the federal earnings threshold. Indicatively, all 43 programs with a benchmark clear the earnings-premium benchmark used by the 2025 federal test (effective July 1, 2026).
| # | Institution | Earn 4yr | % > threshold | Median debt | Debt/earn | Earnings premium | 2 of 3 yrs |
|---|---|---|---|---|---|---|---|
| 1 | University of PennsylvaniaPA · Master's | $230,624 n=20 | 100% 5yr | $85,202 | 0.37× | Above +259% | Clears 2/2 |
| 2 | Johns Hopkins UniversityMD · Master's | $166,291 n=29 | 85% 5yr | $40,750 | 0.24× | Above +119% | Clears 2/2 |
| 3 | New York UniversityNY · Master's | $156,252 n=139 | 92% 5yr | $84,767 | 0.54× | Above +120% | Clears 2/2 |
| 4 | University of San DiegoCA · Master's | $155,948 n=16 | — | — | — | Above +107% | — |
| 5 | Georgetown UniversityDC · Master's | $154,778 n=159 | 94% 5yr | $43,099 | 0.28× | Above +79% | Clears 2/2 |
| 6 | DePaul UniversityIL · Master's | $152,694 n=24 | — | $40,986 | 0.27× | Above +123% | — |
| 7 | University of FloridaFL · Master's | $148,764 n=20 | 96% 5yr | — | — | Above +168% | Clears 2/2 |
| 8 | Southern Methodist UniversityTX · Master's | $147,770 n=26 | 96% 1yr | $51,966 | 0.35× | Above +125% | — |
| 9 | University of Southern CaliforniaCA · Bachelor's | $143,977 n=31 | — | $19,500 | 0.14× | Above +274% | — |
| 10 | Villanova UniversityPA · Bachelor's | $131,911 n=29 | 100% 5yr | $27,000 | 0.20× | Above +250% | Clears 2/2 |
| 11 | New York UniversityNY · Bachelor's | $130,716 n=23 | 79% 1yr | $20,500 | 0.16× | Above +244% | — |
| 12 | George Mason UniversityVA · Master's | $124,978 n=19 | 100% 1yr | — | — | Above +76% | — |
| 13 | Texas A&M University-College StationTX · Master's | $124,680 n=57 | 100% 5yr | $28,021 | 0.23× | Above +90% | Clears 2/2 |
| 14 | University of UtahUT · Master's | $122,525 n=38 | 94% 1yr | $41,000 | 0.34× | Above +105% | — |
| 15 | University of Wisconsin-MadisonWI · Bachelor's | $120,483 n=83 | 97% 5yr | $20,138 | 0.17× | Above +209% | Clears 2/2 |
| 16 | Clemson UniversitySC · Master's | $119,115 n=20 | 100% 1yr | $60,895 | 0.51× | Above +108% | — |
| 17 | Portland State UniversityOR · Master's | $117,821 n=21 | 88% 1yr | $39,144 | 0.33× | Above +90% | — |
| 18 | Texas Christian UniversityTX · Bachelor's | $103,547 n=28 | 89% 1yr | $25,000 | 0.24× | Above +190% | Clears 2/2 |
| 19 | University of DenverCO · Master's | $103,304 n=42 | 88% 1yr | $56,614 | 0.55× | Above +53% | — |
| 20 | Pennsylvania State University-Main CampusPA · UG cert | $100,940 n=21 | 94% 1yr | $25,000 | 0.25× | Above +168% | — |
| 21 | Marquette UniversityWI · Bachelor's | $99,583 n=18 | 96% 5yr | $19,500 | 0.20× | Above +156% | Clears 2/2 |
| 22 | Virginia Polytechnic Institute and State UniversityVA · Bachelor's | $95,576 n=53 | 92% 1yr | $26,529 | 0.28× | Above +151% | — |
| 23 | Baylor UniversityTX · Bachelor's | $94,027 n=25 | 86% 1yr | $20,500 | 0.22× | Above +163% | — |
| 24 | Ohio State University-Main CampusOH · Bachelor's | $91,213 n=32 | 95% 5yr | $17,323 | 0.19× | Above +148% | Clears 2/2 |
| 25 | Syracuse UniversityNY · Bachelor's | $90,764 n=26 | 86% 1yr | — | — | Above +139% | — |
| 26 | University of DenverCO · Bachelor's | $87,026 n=26 | — | $21,525 | 0.25× | Above +109% | — |
| 27 | University of South Carolina-ColumbiaSC · Bachelor's | $84,558 n=29 | 86% 1yr | $21,500 | 0.25× | Above +146% | — |
| 28 | University of Northern IowaIA · Bachelor's | $83,592 n=59 | 94% 5yr | $20,500 | 0.24× | Above +117% | Clears 2/2 |
| 29 | Florida International UniversityFL · Master's | $83,465 n=65 | 75% 1yr | $41,000 | 0.49× | Above +50% | — |
| 30 | Florida State UniversityFL · Bachelor's | $80,900 n=133 | 88% 5yr | $19,500 | 0.24× | Above +140% | Clears 2/2 |
| 31 | University of GeorgiaGA · Bachelor's | $78,372 n=47 | 89% 5yr | $19,250 | 0.25× | Above +122% | Clears 2/2 |
| 32 | University of San DiegoCA · Bachelor's | $78,044 n=36 | 74% 1yr | $19,699 | 0.25× | Above +103% | Clears 2/2 |
| 33 | University of Central FloridaFL · Bachelor's | $72,063 n=34 | 66% 1yr | $17,750 | 0.25× | Above +113% | — |
| 34 | University of North TexasTX · Bachelor's | $71,473 n=23 | 94% 5yr | $15,000 | 0.21× | Above +100% | Clears 2/2 |
| 35 | University of Wisconsin-MilwaukeeWI · UG cert | $69,806 n=24 | — | $23,000 | 0.33× | Above +79% | — |
| 36 | Temple UniversityPA · Bachelor's | $65,650 n=20 | 70% 1yr | $22,500 | 0.34× | Above +74% | Clears 2/2 |
| 37 | The University of Texas at San AntonioTX · Bachelor's | $62,817 n=31 | 78% 1yr | $19,071 | 0.30× | Above +76% | Clears 2/2 |
| 38 | Georgia State UniversityGA · Bachelor's | $62,120 n=20 | 64% 1yr | $28,220 | 0.45× | Above +76% | Clears 2/2 |
| 39 | Virginia Commonwealth UniversityVA · Bachelor's | $60,718 n=19 | — | $20,752 | 0.34× | Above +60% | Clears 2/2 |
| 40 | Ashford UniversityCA · Bachelor's | $58,733 n=52 | 74% 5yr | $32,803 | 0.56× | Above +53% | Clears 2/2 |
| 41 | California State University-NorthridgeCA · Bachelor's | $57,174 n=28 | 60% 1yr | — | — | Above +49% | — |
| 42 | American Public University SystemWV · Associate | $53,534 n=20 | — | $28,500 | 0.53× | Above +52% | — |
| 43 | San Diego State UniversityCA · Bachelor's | $50,662 n=20 | — | $18,649 | 0.37× | Above +32% | — |
% > threshold is ED's own share of graduates earning above the federal earnings threshold, taken from the best available measurement window (4-, 5- or 1-year) pooled across all nine College Scorecard Field-of-Study releases; a chip marks any figure not on the 4-year window. Earnings premium compares median earnings four years out to the U.S. Census ACS median for a high-school graduate (undergraduate credentials) or bachelor's-degree holder (graduate credentials) in the institution's state. 2 of 3 yrs flags programs below that benchmark in two of the latest three reported cohort-years — the statutory trigger under the 2025 federal earnings-premium test (effective July 1, 2026). Indicative estimates; the Department of Education's official determination may differ. Figures lag the current year by 2–3 years.
| State | Median earn 4yr | Programs |
|---|---|---|
| New York | $130,716 | 3 |
| Pennsylvania | $116,426 | 4 |
| Wisconsin | $99,583 | 3 |
| Texas | $98,787 | 6 |
| Virginia | $95,576 | 3 |
| Florida | $82,182 | 4 |
| California | $68,388 | 6 |
States with at least 3 reporting Real Estate programs, by median graduate earnings.
Which colleges have the highest-paying Real Estate programs?
By median earnings four years after completion, the highest-paying Real Estate programs in this dataset are University of Pennsylvania ($230,624), Johns Hopkins University ($166,291), New York University ($156,252). Earnings reflect College Scorecard field-of-study data (2024-25) and vary by credential level and location.
Are Real Estate programs at risk under the federal earnings-premium test?
Indicatively, 0 of the 43 Real Estate programs with both earnings and a state/national benchmark have median graduate earnings below the earnings-premium benchmark used by the 2025 federal test (effective July 1, 2026), under which a program can lose Title IV eligibility if its graduates earn less than a typical worker without the credential for 2 of 3 years. This estimate uses College Scorecard earnings vs U.S. Census ACS medians; the Department of Education's official determination uses its own cohort definition and may differ.
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Source: U.S. Department of Education — College Scorecard Field of Study, 2014–15 through 2022–23 cohorts plus the most-recent snapshot (2024-25); threshold pass-rates pooled across all nine releases. Earnings-premium benchmarks from the U.S. Census Bureau, American Community Survey (ACS). Compiled by Ibex Insights. See the methodology.