University of Pennsylvania— Earnings & Cost Trends
Graduate Earnings
$111,371
in 2021+44% since 2008
Median Graduate Earnings Over Time
Net Price (Annual Cost) Over Time
Graduation Rate Over Time
Key Insights
- •Earnings grew 44% since 2008 — graduates are earning more over time
- •Net price increased 10% since 2010
- •Graduation rate improved by 7 percentage points since 1998
Year-by-Year Data
| Year | Earnings | Net Price | Grad Rate | Debt |
|---|---|---|---|---|
| 1998 | — | — | 89% | $15,000 |
| 1999 | — | — | 90% | $15,098 |
| 2000 | — | — | 89% | $14,500 |
| 2001 | — | — | 91% | $14,500 |
| 2002 | — | — | 91% | $14,444 |
| 2003 | — | — | 92% | $14,500 |
| 2004 | — | — | 92% | $14,500 |
| 2005 | — | — | 94% | $14,500 |
| 2006 | — | — | 94% | $14,500 |
| 2007 | — | — | 94% | $14,500 |
| 2008 | $77,100 | — | 95% | $14,375 |
| 2009 | — | — | 95% | $12,710 |
| 2010 | $75,700 | $26,002 | 95% | $12,250 |
| 2011 | — | $24,596 | 96% | $12,000 |
| 2012 | $78,200 | $23,518 | 96% | $12,000 |
| 2013 | $79,700 | $22,031 | 96% | $12,500 |
| 2014 | $82,400 | $22,948 | 96% | $12,500 |
| 2015 | $85,900 | $24,370 | 96% | $12,018 |
| 2016 | — | $25,225 | 95% | $12,150 |
| 2017 | — | $23,281 | 95% | $12,500 |
| 2018 | — | $24,242 | 96% | $17,085 |
| 2019 | — | $25,033 | 95% | $15,000 |
| 2020 | — | $25,802 | 96% | $14,000 |
| 2021 | $111,371 | $25,046 | 96% | $14,000 |
| 2022 | — | $14,851 | 96% | — |
| 2023 | — | $26,138 | 96% | — |
| 2024 | — | $31,229 | 97% | — |
| 2025 | — | $28,699 | 97% | — |