Rankings / By State
Best Master's Programs in Arizona
- 11
- Schools
- $53,603
- Avg. Earnings
- 45%
- Avg. Graduation
- $21,530
- Avg. Net Price
- $19,320
- Avg. Debt
CollegeRanker Research
What Surprised Us Most
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Graduate earnings span a wide band on this list, from $34,199 at the low end to $84,131 at the top. That 2.5× spread shows how much outcomes vary within a single category.
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Yavapai College offers the strongest payback. Graduates earn a median of $39,890 against $8,683 in annual net price, the best earnings-to-cost ratio in this ranking.
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The most budget-friendly option on this list is Yavapai College, at $8,683 annually in net price.
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Completion rates separate this field: Embry-Riddle Aeronautical University-Prescott graduates 69% of its students, well above the 45% list average. Finishing what you start matters as much as where you start.
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Debt-to-earnings ratios favor Yavapai College: graduates owe only 0.23× their yearly income, the most manageable debt burden on the list.
Surprising Comparisons
- The top spot belongs to Arizona State University Campus Immersion ($62,668 earnings), not the highest earner, Embry-Riddle Aeronautical University-Prescott ($84,131). That is what weighting mobility and value over salary alone produces.
- Price and payoff diverge sharply here. Yavapai College ($8,683/yr) and Embry-Riddle Aeronautical University-Prescott ($40,287/yr) produce graduates earning $39,890 and $84,131 respectively, a far narrower earnings gap than the $31,604 cost difference would suggest.
- On a cost-adjusted basis, Yavapai College outperforms Embry-Riddle Aeronautical University-Prescott: similar career earnings at a much lower net price.
The Takeaway
The schools that win this ranking are not the priciest or the most selective. They turn students into earners without burying them in debt, which is exactly what our outcomes-first methodology is built to surface.
What This Means for Students
If you are choosing from this list, start with Yavapai College and Embry-Riddle Aeronautical University-Prescott. Pull each school's net price for your income band, weigh projected earnings against the debt you would take on, and let payoff rather than prestige drive your shortlist.
Why this ranking matters
These schools are ranked on outcomes that compound: graduate earnings, upward mobility, debt, and value, all drawn from federal tax records and Scorecard data rather than reputation surveys. The list rewards results over prestige, led by institutions whose graduates earn a median of about $54K ten years after enrollment.
How we measure this — full methodology →How we rank · 4 pillars
Federal-source data only. Build your own weighting →
Data Behind This Page Updated 2026-06-22
Source datasets
Methodology
Schools are scored on the CollegeRanker 4-Pillar Algorithm: Economic Outcomes (30%), Social Mobility (25–35%), Academic Quality (15–20%), and Value (20–25%). Every weight is published and every figure traces to a public dataset.
See the full methodology and weights →Confidence notes
- Earnings, completion, and debt figures come from federal administrative records — tax data and student-aid filings — not surveys or self-reports, the highest-confidence tier of education data available.
- Social-mobility estimates are drawn from de-identified tax records covering more than 30 million students (Opportunity Insights).
- Where an institution is missing a metric, it is excluded from that metric rather than imputed, so averages are never inflated by guesses.
Limitations
- Federal earnings data primarily cover students who received federal financial aid; outcomes for non-aided students may differ.
- Earnings are measured roughly ten years after enrollment, so they describe how earlier cohorts fared — historical outcomes, not guarantees of future results.
- An institution's field-of-study mix affects raw earnings; scores reflect measured outcomes and are not fully major-adjusted unless explicitly noted.
- Net price is an average; the actual cost a given student pays varies widely by family income.
At a Glance
How the Top Schools Compare
| School | Earnings | Net Price | Graduation | Score |
|---|---|---|---|---|
| 1 Arizona State University Campus Immersion #1 overall | $62,668 ▲ +17% vs avg | $14,967 | 68% | 63 |
| 2 Northern Arizona University #2 overall | $54,384 ▲ +1% vs avg | $14,158 | 59% | 61 |
| 3 University of Arizona #3 overall | $59,979 ▲ +12% vs avg | $16,674 | 67% | 61 |
| $42,186 ▼ -21% vs avg | $22,472 | 43% | 61 | |
| $39,890 ▼ -26% vs avg | $8,683 | 33% | 58 |
Score uses our 4-pillar methodology. Earnings % is vs. this list's average.
See full ranking →Executive Summary
Best Master's Programs in Arizona
This analysis ranks 11 institutions on graduate earnings, social mobility, completion, and cost. Across the list, alumni earn a median of $53,603 ten years after enrolling, against an average graduation rate of 45% and an average net price of $21,530.
Key takeaways
- Strongest Earnings-to-Cost Ratio: Yavapai College — Net Price: $8,683 | Graduation Rate: 33%
- Strongest Completion Outcomes: Embry-Riddle Aeronautical University-Prescott — 69% completion rate
- Highest Earnings Generator: Embry-Riddle Aeronautical University-Prescott — Median alumni earnings: $84,131
Our Analysis Found
Private nonprofit colleges cost 110% more in net price than publics, while their graduates earn 21% more.
Arizona Opportunity Analysis
What does this ranking tell us about higher education and opportunity in Arizona?
$54,384
Median earnings (10yr)
43%
Median graduation rate
$19,573
Median net price
1.6%
Avg. mobility rate
Students tend to study where they live and work where they study, which makes a state's colleges its most important economic development asset. This ranking evaluates how well institutions across Arizona serve that role: producing graduates with strong earnings, keeping talent in the regional economy, and offering affordable paths for local students.
Across the 11 schools on this list, graduates earn a median of $54,384 ten years after they first enrolled, about $6,384 more than the roughly $48,000 a typical American worker takes home. The median graduation rate is 43%. Net price, what students pay after grants, runs a median of $19,573 a year, with about $19,560 in median federal debt at graduation. An average of 31% of students receive Pell grants, and the typical school moves low-income students into the top income quintile at a rate of 1.6%.
For Arizona, the institutions that combine manageable costs with strong graduate outcomes are the ones building the local workforce. With a median net price of $19,573 and graduates earning a median of $54,384, these schools sit where the talent pipeline and economic development meet.
The podium
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Tip: Check the box on any 2–4 schools below to compare them side by side.
Full rankings
Why it ranks #1
Arizona State University Campus Immersion lands at #1 with a 63/100 composite, led by academic quality (78/100) and pulled down by social mobility (57/100). Graduates earn a median $62,668 a decade after enrolling, 17% above this list's average, and net price runs $14,967 a year, well under the field. Academics score well here, yet mobility (35%) and value (20%) carry the most weight, so outcome-per-dollar sets the final position.
Pillar breakdown
Why it ranks #2
Northern Arizona University lands at #2 with a 61/100 composite, led by academic quality (70/100) and pulled down by social mobility (60/100). Graduates earn a median $54,384 a decade after enrolling, 1% above this list's average, and net price runs $14,158 a year, well under the field. Academics score well here, yet mobility (35%) and value (20%) carry the most weight, so outcome-per-dollar sets the final position.
Pillar breakdown
Why it ranks #3
University of Arizona lands at #3 with a 61/100 composite, led by economic outcomes (69/100) and pulled down by social mobility (52/100). Graduates earn a median $59,979 a decade after enrolling, 12% above this list's average, and net price runs $16,674 a year, well under the field. Strong earnings drive the rank, but with mobility weighted 35% and value 20%, salary alone can only take a school so far.
Pillar breakdown
Why it ranks #4
Grand Canyon University lands at #4 with a 61/100 composite, led by social mobility (93/100) and pulled down by value per dollar (50/100). Graduates earn a median $42,186 a decade after enrolling, 21% below this list's average, and net price runs $22,472 a year. Because the methodology weights social mobility (35%) and value (20%) above prestige, that mobility is what puts it near the top, even with below-average salaries.
Pillar breakdown
Why it ranks #5
Yavapai College lands at #5 with a 58/100 composite, led by value per dollar (83/100) and pulled down by academic quality (39/100). Graduates earn a median $39,890 a decade after enrolling, 26% below this list's average, and net price runs $8,683 a year, well under the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that low cost is what puts it near the top, even with below-average salaries.
Pillar breakdown
Prescott, AZ · 77% accepted · $40,287 net
Why it ranks #6
Embry-Riddle Aeronautical University-Prescott lands at #6 with a 58/100 composite, led by academic quality (77/100) and pulled down by value per dollar (33/100). Graduates earn a median $84,131 a decade after enrolling, 57% above this list's average, and net price runs $40,287 a year, above the field. Academics score well here, yet mobility (35%) and value (20%) carry the most weight, so outcome-per-dollar sets the final position.
Pillar breakdown
Why it ranks #7
Arizona State University Digital Immersion lands at #7 with a 56/100 composite, led by economic outcomes (71/100) and pulled down by value per dollar (64/100). Graduates earn a median $62,668 a decade after enrolling, 17% above this list's average. Strong earnings drive the rank, but with mobility weighted 35% and value 20%, salary alone can only take a school so far.
Pillar breakdown
Why it ranks #8
Prescott College lands at #8 with a 53/100 composite, led by economic outcomes (62/100) and pulled down by value per dollar (49/100). Graduates earn a median $42,359 a decade after enrolling, 21% below this list's average, and net price runs $22,583 a year. Strong earnings drive the rank, but with mobility weighted 35% and value 20%, salary alone can only take a school so far.
Pillar breakdown
Why it ranks #9
Ottawa University-Surprise lands at #9 with a 49/100 composite, led by economic outcomes (67/100) and pulled down by value per dollar (31/100). Graduates earn a median $55,552 a decade after enrolling, 4% above this list's average, and net price runs $33,393 a year, above the field. Strong earnings drive the rank, but with mobility weighted 35% and value 20%, salary alone can only take a school so far.
Pillar breakdown
Why it ranks #10
Northland Pioneer College lands at #10 with a 45/100 composite, led by value per dollar (83/100) and pulled down by economic outcomes (24/100). Graduates earn a median $34,199 a decade after enrolling, 36% below this list's average, and net price runs $9,240 a year, well under the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that low cost is what puts it near the top, even with below-average salaries.
Pillar breakdown
Why it ranks #11
Arizona Christian University lands at #11 with a 41/100 composite, led by economic outcomes (63/100) and pulled down by value per dollar (30/100). Graduates earn a median $51,612 a decade after enrolling, 4% below this list's average, and net price runs $32,839 a year, above the field. Strong earnings drive the rank, but with mobility weighted 35% and value 20%, salary alone can only take a school so far.
Pillar breakdown
Cut it by what you care about
The same 11 schools, re-ranked by the outcome that matters to you.
Where the programs are
This ranking scores 11 institutions on graduation rates, graduate earnings, debt burdens, and social mobility data from Opportunity Insights. Every data point comes from federal sources. No surveys, no opinions.
Social mobility carries the heaviest weight in our algorithm. We use Raj Chetty's Mobility Report Card — built on 30 million anonymized tax records — to measure whether a college changes a family's economic trajectory across generations. Schools that take low-income students and launch them into higher earnings rank higher than schools that admit wealthy students and take credit for their success.
The transparency penalty matters here. Schools that don't report their data get scored lower than schools that do. If an institution won't show you its numbers, we think you should know that before you write them a tuition check.
The story behind the ranking
A ranking gives you an order; these charts give you the shape. They show how this group of schools spreads across the four things that decide whether a degree pays off — what graduates earn, whether they finish, how far they move up, and what it costs. Look for the standouts, the outliers, and the trade-offs the list alone can't show.
Earnings Outcomes
What graduates earn 10 years after enrolling. Data from College Scorecard.
Distribution of Median Earnings
Earnings vs. Net Price
Top-left = best value. Top-ranked schools are highlighted.
Completion & Access
Graduation rates and who gets in. Data from College Scorecard & IPEDS.
Graduation Rates
Pell Grant Rate vs. Graduation Rate
Right = more low-income students. Higher = more graduate.
What the Mobility Data Says
The backbone of this ranking is social-mobility data from Raj Chetty's Mobility Report Card, which draws on more than 30 million tax records. A school's mobility rate is the share of its students who move from the bottom income quintile to the top. Among the 3 schools on this list with available data, that rate averages 1.6%. Northland Pioneer College leads the group at 2%, with Yavapai College (2%) and Grand Canyon University (0.9%) close behind.
Who gets in matters as much as what happens after. Across these schools, an average of 15.6% of students start in the bottom income quintile. Northland Pioneer College leads at 23.6%, which signals an admissions door that is actually open to low-income students. Schools that pair high access with high mobility are the ones driving generational change.
Once low-income students enroll, their odds of reaching the top income quintile average 11.3% across this list. Grand Canyon University posts the highest success rate at 14.2%. Access without completion and career momentum is an incomplete picture, and this is the number that completes it.
Mobility, access, and social-capital figures from Raj Chetty's Mobility Report Card & the Opportunity Insights Social Capital Atlas.
Cost & Debt
What families actually pay and what students owe. Data from College Scorecard.
Median Debt at Graduation
Frequently Asked Questions
Best Master's Programs in Arizona: Your Questions, Answered
What is the #1 school in the Best Master's Programs in Arizona ranking? +
Arizona State University Campus Immersion in Tempe, AZ ranks #1 in our 2026 Best Master's Programs in Arizona ranking. It earns the top spot on the strength of a median $62,668 in graduate earnings ten years after enrollment and a 68% graduation rate. Our score is built entirely from federal data on graduation rates, graduate earnings, debt, and social mobility. Reputation surveys play no part.
Which school has the highest graduate earnings? +
Embry-Riddle Aeronautical University-Prescott posts the highest median earnings on this list: $84,131 ten years after enrollment, well above the $53,603 average across the 11 ranked schools with earnings data. Earnings that outpace cost are what separate a degree that pays off from one that does not.
Which school offers the best value? +
On a pure return-on-cost basis, Yavapai College leads: graduates earn a median $39,890 against net price of about $8,683 a year, the strongest earnings-to-cost ratio in the ranking. Applicants should weigh that payback against sticker price rather than prestige.
Which school has the highest graduation rate? +
Embry-Riddle Aeronautical University-Prescott has the highest graduation rate in this ranking at 69%, compared with a 45% average across the list. Completion matters because the students who finish are the ones who actually capture the earnings and mobility gains a degree promises.
How much does it cost to attend these schools? +
The average net price, meaning what students actually pay after grants and scholarships, is about $21,530 a year across the 10 ranked schools with cost data. Yavapai College is among the most affordable at roughly $8,683. Net price is a far better guide to affordability than the published sticker price.
How is the Best Master's Programs in Arizona ranking calculated? +
We score every school on a four-pillar algorithm: economic outcomes (graduate earnings and debt), social mobility (Raj Chetty's Mobility Report Card, built on more than 30 million anonymized tax records), academic quality (graduation and retention), and value (net price and loan burden). Social mobility carries the heaviest weight, so schools that lift low-income students into higher earnings rank above those that simply admit wealthy students. Every input comes from federal data, and schools that withhold their numbers are scored lower for it.
How many schools are ranked and where does the data come from? +
This ranking evaluates 11 institutions using the U.S. Department of Education's College Scorecard, the Opportunity Insights Mobility Report Card and Social Capital Atlas, Times Higher Education, and NCES IPEDS. There are no opinion surveys or paid placements. The order is determined by the data alone and refreshed as new federal figures are released.
Sources & Citations
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