The Master's University and Seminary— Earnings & Cost Trends
Graduate Earnings
$57,106
in 2021+25% since 2008
Median Graduate Earnings Over Time
Net Price (Annual Cost) Over Time
Graduation Rate Over Time
Key Insights
- •Earnings grew 25% since 2008 — graduates are earning more over time
- •Net price increased 62% since 2010 — costs are rising faster than inflation
- •Graduation rate improved by 34 percentage points since 1998
Year-by-Year Data
| Year | Earnings | Net Price | Grad Rate | Debt |
|---|---|---|---|---|
| 1998 | — | — | 34% | $6,125 |
| 1999 | — | — | — | $6,745 |
| 2000 | — | — | 60% | $7,791 |
| 2001 | — | — | 45% | $7,500 |
| 2002 | — | — | 46% | $6,125 |
| 2003 | — | — | 63% | $6,997 |
| 2004 | — | — | 61% | $9,300 |
| 2005 | — | — | 57% | $9,996 |
| 2006 | — | — | 61% | $9,000 |
| 2007 | — | — | 60% | $9,000 |
| 2008 | $45,800 | — | 51% | $9,000 |
| 2009 | — | — | 59% | $9,125 |
| 2010 | $43,300 | $20,139 | 62% | $10,000 |
| 2011 | — | $18,744 | 60% | $12,000 |
| 2012 | $40,900 | $20,691 | 65% | $11,000 |
| 2013 | $38,300 | $35,258 | 57% | $11,875 |
| 2014 | $38,600 | $24,711 | 54% | $14,000 |
| 2015 | $41,700 | $24,316 | 62% | $15,000 |
| 2016 | — | $24,540 | 69% | $15,000 |
| 2017 | — | $25,794 | 68% | $16,169 |
| 2018 | — | $26,294 | 55% | $17,083 |
| 2019 | — | $26,645 | 60% | $17,750 |
| 2020 | — | $28,833 | 70% | $18,417 |
| 2021 | $57,106 | $30,238 | 64% | $16,327 |
| 2022 | — | $29,357 | 72% | — |
| 2023 | — | $28,679 | 73% | — |
| 2024 | — | $32,121 | 64% | — |
| 2025 | — | $32,647 | 68% | — |