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Rankings / MBA

Highest-Paying Online MBA Programs

By David Krug, Co-Founder, CollegeRanker Updated 2026-07-13 34 schools Agent Insights
34
Schools
$71,673
Avg. Earnings
77%
Avg. Graduation
$19,681
Avg. Net Price
$20,070
Avg. Debt

CollegeRanker Research

What Surprised Us Most

  1. Median graduate earnings across these 34 programs run from $56,887 to $103,494, a 1.8× gap. The category label alone says little about payoff.

  2. University of Arkansas Grantham delivers the most for the money: roughly $63,496 in median earnings against $10,000 a year in tuition, the strongest earnings-to-cost ratio on the list.

  3. Western Governors University is the lowest-cost program here at $9,610 a year in tuition.

  4. Georgetown University graduates 95% of its students, versus a 77% average across the list. Completion, more than selectivity, signals whether a degree actually gets finished.

  5. Georgetown University carries the healthiest debt load, with graduates owing just 0.15× their annual earnings.

Surprising Comparisons

The Takeaway

A consistent pattern: the programs that finish at the top get there by delivering strong earnings, manageable debt, and real mobility rather than by charging more or rejecting more applicants. Those outcomes are what define educational value.

What This Means for Students

For students evaluating these programs, begin with University of Arkansas Grantham and Georgetown University. Look past sticker price: pull each school's net price for your income level, compare it against projected earnings, and let the data guide the decision instead of the brand.

Why this ranking matters

Business is one of the higher-return fields in the economy, but the payoff depends heavily on where you study it. Graduates of these programs earn a median of about $69K within a decade, and management analyst roles are projected to grow 10%. We rank programs by the outcomes they produce for graduates, not by reputation.

How we measure this — full methodology →

How we rank · 4 pillars

Economic outcomes30%
Social mobility35%
Value (earnings vs. cost)20%
Academic quality15%

Federal-source data only. Build your own weighting →

$99,410
Median pay · Management Analyst
BLS occupation data
10%
Projected job growth
BLS outlook
$69K
Median grad earnings
10 yrs after entry
$20K
Average net price
After grants/aid
Data Behind This Page Updated 2026-07-13
34 institutions ranked
2026-07-13 Last updated
100% Public / federal sources

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
$102,772
▲ +43% vs avg
$12,116 93%
37
2
$103,494
▲ +44% vs avg
$40,815 95%
37
$92,538
▲ +29% vs avg
$30,915 90%
32
$90,873
▲ +27% vs avg
$36,586 85%
31
$83,238
▲ +16% vs avg
$24,402 89%
28

Score uses our 4-pillar methodology. Earnings % is vs. this list's average.

See full ranking →

Executive Summary

Highest-Paying Online MBA Programs

This analysis ranks 34 institutions on graduate earnings, social mobility, completion, and cost. Across the list, alumni earn a median of $71,673 ten years after enrolling, against an average graduation rate of 77% and an average net price of $19,681.

Key takeaways

CollegeRanker Primary Research

34%
The most expensive quartile of colleges costs 373% more than the most affordable — but their graduates earn just 34% more.
Source: CollegeRanker analysis of 5,745 U.S. colleges (n=4,409). Quartile comparison of mean net price and mean 10-year earnings (U.S. Dept. of Education College Scorecard).

Management Education Analysis

What does this ranking tell us about leadership and management education?

$68,873

Median earnings (10yr)

83%

Median graduation rate

$16,521

Median net price

2.1%

Avg. mobility rate

Business and MBA programs sell acceleration: faster paths into management, bigger networks, and a salary step-change. The return is famously dispersed, though. A handful of programs deliver enormous ROI through placement and alumni networks, while many barely clear the cost of attendance. Management education is less a single product than a wide spectrum of outcomes.

Start with the medians across these 34 programs. Graduates earn a median of $68,873 ten years after enrollment, or about $20,873 above the $48,000 a typical American worker earns. The median graduation rate is 83%, and the typical net price (what students pay after grants) runs $16,521 a year with about $20,213 in federal debt. Pell grants reach 23% of students on average, and the average mobility rate, the share of students lifted from the bottom income quintile to the top, is 2.1%.

What we’re seeing: value concentrates where networks and employer pipelines are strongest, and ROI varies more here than in almost any other field. Median earnings reach $68,873 ten years after enrollment, with Georgia Institute of Technology-Main Campus at the top of the list. The spread between the best programs and the median is the real story of an MBA.

The podium

Build your ranking

Drag a pillar — schools re-rank live.

Academic 15%
Economic 30%
Social mobility 35%
Value 20%

Tip: Check the box on any 2–4 schools below to compare them side by side.

Full rankings

1
·
Georgia Institute of Technology-Main Campus

Atlanta, GA · 14% accepted · $12,116 net

37

Why it ranks #1

Georgia Institute of Technology-Main Campus lands at #1 with a 37/100 composite, led by academic quality (87/100) and pulled down by value per dollar (74/100). Graduates earn a median $102,772 a decade after enrolling, 43% above this list's average, and net price runs $12,116 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

Academic
87
Economic
85
Social mobility
80
Value
74
View full profile →
2
·
Georgetown University

Washington, DC · 13% accepted · $40,815 net

37

Why it ranks #2

Georgetown University lands at #2 with a 37/100 composite, led by economic outcomes (88/100) and pulled down by value per dollar (61/100). Graduates earn a median $103,494 a decade after enrolling, 44% above this list's average, and net price runs $40,815 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

Academic
75
Economic
88
Social mobility
82
Value
61
View full profile →
3
·
Northeastern University

Boston, MA · 5% accepted · $30,915 net

32

Why it ranks #3

Northeastern University lands at #3 with a 32/100 composite, led by economic outcomes (81/100) and pulled down by value per dollar (64/100). Graduates earn a median $92,538 a decade after enrolling, 29% above this list's average, and net price runs $30,915 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

Academic
71
Economic
81
Social mobility
80
Value
64
View full profile →
4
·
George Washington University

Washington, DC · 47% accepted · $36,586 net

31

Why it ranks #4

George Washington University lands at #4 with a 31/100 composite, led by social mobility (82/100) and pulled down by value per dollar (48/100). Graduates earn a median $90,873 a decade after enrolling, 27% above this list's average, and net price runs $36,586 a year, above the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that mobility is what puts it near the top.

Pillar breakdown

Academic
72
Economic
81
Social mobility
82
Value
48
View full profile →
5
·
Boston University

Boston, MA · 11% accepted · $24,402 net

28

Why it ranks #5

Boston University lands at #5 with a 28/100 composite, led by social mobility (83/100) and pulled down by value per dollar (63/100). Graduates earn a median $83,238 a decade after enrolling, 16% above this list's average, and net price runs $24,402 a year, above the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that mobility is what puts it near the top.

Pillar breakdown

Academic
79
Economic
77
Social mobility
83
Value
63
View full profile →
6
·
Drexel University

Philadelphia, PA · 79% accepted · $38,509 net

28

Why it ranks #6

Drexel University lands at #6 with a 28/100 composite, led by economic outcomes (77/100) and pulled down by value per dollar (33/100). Graduates earn a median $84,648 a decade after enrolling, 18% above this list's average, and net price runs $38,509 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

Academic
68
Economic
77
Social mobility
63
Value
33
View full profile →
7
·
University of Michigan-Ann Arbor

Ann Arbor, MI · 16% accepted · $13,138 net

27

Why it ranks #7

University of Michigan-Ann Arbor lands at #7 with a 27/100 composite, led by academic quality (92/100) and pulled down by social mobility (52/100). Graduates earn a median $83,648 a decade after enrolling, 17% above this list's average, and net price runs $13,138 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

Academic
92
Economic
79
Social mobility
52
Value
78
View full profile →
8
·
University of Illinois Urbana-Champaign

Champaign, IL · 42% accepted · $14,355 net

26

Why it ranks #8

University of Illinois Urbana-Champaign lands at #8 with a 26/100 composite, led by academic quality (83/100) and pulled down by social mobility (59/100). Graduates earn a median $81,054 a decade after enrolling, 13% above this list's average, and net price runs $14,355 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

Academic
83
Economic
78
Social mobility
59
Value
76
View full profile →
9
·
Syracuse University

Syracuse, NY · 46% accepted · $38,793 net

26

Why it ranks #9

Syracuse University lands at #9 with a 26/100 composite, led by social mobility (77/100) and pulled down by value per dollar (46/100). Graduates earn a median $79,164 a decade after enrolling, 10% above this list's average, and net price runs $38,793 a year, above the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that mobility is what puts it near the top.

Pillar breakdown

Academic
68
Economic
75
Social mobility
77
Value
46
View full profile →
10
·
University of Washington-Seattle Campus

Seattle, WA · 39% accepted · $14,091 net

24

Why it ranks #10

University of Washington-Seattle Campus lands at #10 with a 24/100 composite, led by academic quality (88/100) and pulled down by social mobility (59/100). Graduates earn a median $78,466 a decade after enrolling, 9% above this list's average, and net price runs $14,091 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

Academic
88
Economic
79
Social mobility
59
Value
77
View full profile →
11
·
Creighton University

Omaha, NE · 80% accepted · $31,568 net

23

Why it ranks #11

Creighton University lands at #11 with a 23/100 composite, led by social mobility (81/100) and pulled down by value per dollar (45/100). Graduates earn a median $73,911 a decade after enrolling, 3% above this list's average, and net price runs $31,568 a year, above the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that mobility is what carries it up the list.

Pillar breakdown

Academic
65
Economic
74
Social mobility
81
Value
45
View full profile →
12
·
University of North Carolina at Chapel Hill

Chapel Hill, NC · 15% accepted · $11,655 net

23

Why it ranks #12

University of North Carolina at Chapel Hill lands at #12 with a 23/100 composite, led by academic quality (85/100) and pulled down by economic outcomes (77/100). Graduates earn a median $72,200 a decade after enrolling, 1% above this list's average, and net price runs $11,655 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

Academic
85
Economic
77
Social mobility
81
Value
83
View full profile →
13
·
University of Wisconsin-Madison

Madison, WI · 45% accepted · $17,354 net

23

Why it ranks #13

University of Wisconsin-Madison lands at #13 with a 23/100 composite, led by academic quality (86/100) and pulled down by social mobility (58/100). Graduates earn a median $73,792 a decade after enrolling, 3% above this list's average, and net price runs $17,354 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

Academic
86
Economic
75
Social mobility
58
Value
73
View full profile →
14
·
University of Florida

Gainesville, FL · 24% accepted · $6,541 net

22

Why it ranks #14

University of Florida lands at #14 with a 22/100 composite, led by value per dollar (86/100) and pulled down by economic outcomes (76/100). Graduates earn a median $71,588 a decade after enrolling, 0% above this list's average, and net price runs $6,541 a year, well under the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that low cost is what carries it up the list.

Pillar breakdown

Academic
81
Economic
76
Social mobility
80
Value
86
View full profile →
15
·
University of Denver

Denver, CO · 78% accepted · $36,131 net

22

Why it ranks #15

University of Denver lands at #15 with a 22/100 composite, led by social mobility (82/100) and pulled down by value per dollar (46/100). Graduates earn a median $71,155 a decade after enrolling, 1% below this list's average, and net price runs $36,131 a year, above the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that mobility is what carries it up the list, even with below-average salaries.

Pillar breakdown

Academic
74
Economic
74
Social mobility
82
Value
46
View full profile →
16
·
Texas A&M University-College Station

College Station, TX · 57% accepted · $21,315 net

21

Why it ranks #16

Texas A&M University-College Station lands at #16 with a 21/100 composite, led by academic quality (87/100) and pulled down by value per dollar (64/100). Graduates earn a median $72,097 a decade after enrolling, 1% above this list's average, and net price runs $21,315 a year. Academics score well here, yet mobility (35%) and value (20%) carry the most weight, so outcome-per-dollar sets the final position.

Pillar breakdown

Academic
87
Economic
76
Social mobility
Value
64
View full profile →
17
·
University of Georgia

Athens, GA · 38% accepted · $13,936 net

21

Why it ranks #17

University of Georgia lands at #17 with a 21/100 composite, led by social mobility (80/100) and pulled down by value per dollar (73/100). Graduates earn a median $68,726 a decade after enrolling, 4% below this list's average, and net price runs $13,936 a year, well under the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that mobility is what carries it up the list, even with below-average salaries.

Pillar breakdown

Academic
73
Economic
74
Social mobility
80
Value
73
View full profile →
18
·
University of Minnesota-Twin Cities

Minneapolis, MN · 80% accepted · $16,778 net

20

Why it ranks #18

University of Minnesota-Twin Cities lands at #18 with a 20/100 composite, led by academic quality (85/100) and pulled down by social mobility (55/100). Graduates earn a median $69,020 a decade after enrolling, 4% below this list's average, and net price runs $16,778 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

Academic
85
Economic
74
Social mobility
55
Value
70
View full profile →
19
·
Indiana University-Bloomington

Bloomington, IN · 78% accepted · $16,264 net

18

Why it ranks #19

Indiana University-Bloomington lands at #19 with a 18/100 composite, led by academic quality (82/100) and pulled down by social mobility (54/100). Graduates earn a median $63,742 a decade after enrolling, 11% below this list's average, and net price runs $16,264 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

Academic
82
Economic
71
Social mobility
54
Value
71
View full profile →
20
·
18

Why it ranks #20

University of New Hampshire College of Professional Studies Online lands at #20 with a 18/100 composite, led by value per dollar (71/100) and pulled down by academic quality (37/100). Graduates earn a median $66,479 a decade after enrolling, 7% below this list's average, and net price runs $10,864 a year, well under the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that low cost is what carries it up the list, even with below-average salaries.

Pillar breakdown

Academic
37
Economic
70
Social mobility
Value
71
View full profile →
21
·
Pennsylvania State University-Main Campus

University Park, PA · 61% accepted · $32,875 net

18

Why it ranks #21

Pennsylvania State University-Main Campus lands at #21 with a 18/100 composite, led by academic quality (86/100) and pulled down by value per dollar (44/100). Graduates earn a median $63,435 a decade after enrolling, 11% below this list's average, and net price runs $32,875 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

Academic
86
Economic
69
Social mobility
55
Value
44
View full profile →
22
·
University of Oklahoma-Norman Campus

Norman, OK · 77% accepted · $15,300 net

18

Why it ranks #22

University of Oklahoma-Norman Campus lands at #22 with a 18/100 composite, led by academic quality (82/100) and pulled down by social mobility (58/100). Graduates earn a median $63,126 a decade after enrolling, 12% below this list's average, and net price runs $15,300 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

Academic
82
Economic
71
Social mobility
58
Value
66
View full profile →
23
·
Florida State University

Tallahassee, FL · 24% accepted · $11,297 net

17

Why it ranks #23

Florida State University lands at #23 with a 17/100 composite, led by social mobility (80/100) and pulled down by economic outcomes (71/100). Graduates earn a median $61,675 a decade after enrolling, 14% below this list's average, and net price runs $11,297 a year, well under the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that mobility is what carries it up the list, even with below-average salaries.

Pillar breakdown

Academic
74
Economic
71
Social mobility
80
Value
76
View full profile →
24
·
University of Maryland Global Campus

Adelphi, MD · $22,063 net

17

Why it ranks #24

University of Maryland Global Campus lands at #24 with a 17/100 composite, led by economic outcomes (71/100) and pulled down by academic quality (42/100). Graduates earn a median $65,287 a decade after enrolling, 9% below this list's average, and net price runs $22,063 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

Academic
42
Economic
71
Social mobility
Value
56
View full profile →
25
·
University of South Carolina-Columbia

Columbia, SC · 60% accepted · $22,811 net

17

Why it ranks #25

University of South Carolina-Columbia lands at #25 with a 17/100 composite, led by academic quality (79/100) and pulled down by social mobility (51/100). Graduates earn a median $62,177 a decade after enrolling, 13% below this list's average, and net price runs $22,811 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

Academic
79
Economic
70
Social mobility
51
Value
58
View full profile →
26
·
Arizona State University Campus Immersion

Tempe, AZ · 90% accepted · $14,967 net

17

Why it ranks #26

Arizona State University Campus Immersion lands at #26 with a 17/100 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, 13% below 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

Academic
78
Economic
71
Social mobility
57
Value
69
View full profile →
27
·
Florida International University

Miami, FL · 55% accepted · $9,288 net

17

Why it ranks #27

Florida International University lands at #27 with a 17/100 composite, led by social mobility (82/100) and pulled down by academic quality (66/100). Graduates earn a median $60,249 a decade after enrolling, 16% below this list's average, and net price runs $9,288 a year, well under the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that mobility is what carries it up the list, even with below-average salaries.

Pillar breakdown

Academic
66
Economic
71
Social mobility
82
Value
78
View full profile →
28
·
University of Arkansas Grantham

LIttle Rock, AR · $8,370 net

16

Why it ranks #28

University of Arkansas Grantham lands at #28 with a 16/100 composite, led by economic outcomes (69/100) and pulled down by academic quality (39/100). Graduates earn a median $63,496 a decade after enrolling, 11% below this list's average, and net price runs $8,370 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

Academic
39
Economic
69
Social mobility
Value
63
View full profile →
29
·
Ohio State University-Main Campus

Columbus, OH · 61% accepted · $17,339 net

16

Why it ranks #29

Ohio State University-Main Campus lands at #29 with a 16/100 composite, led by academic quality (83/100) and pulled down by social mobility (54/100). Graduates earn a median $60,409 a decade after enrolling, 16% below this list's average, and net price runs $17,339 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

Academic
83
Economic
70
Social mobility
54
Value
71
View full profile →
30
·
University of Arkansas

Fayetteville, AR · 74% accepted · $18,209 net

16

Why it ranks #30

University of Arkansas lands at #30 with a 16/100 composite, led by social mobility (80/100) and pulled down by academic quality (59/100). Graduates earn a median $58,191 a decade after enrolling, 19% below this list's average, and net price runs $18,209 a year. Because the methodology weights social mobility (35%) and value (20%) above prestige, that mobility is what carries it up the list, even with below-average salaries.

Pillar breakdown

Academic
59
Economic
68
Social mobility
80
Value
61
View full profile →
31
·
University of South Florida

Tampa, FL · 43% accepted · $9,812 net

16

Why it ranks #31

University of South Florida lands at #31 with a 16/100 composite, led by social mobility (81/100) and pulled down by academic quality (66/100). Graduates earn a median $57,743 a decade after enrolling, 19% below this list's average, and net price runs $9,812 a year, well under the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that mobility is what carries it up the list, even with below-average salaries.

Pillar breakdown

Academic
66
Economic
69
Social mobility
81
Value
78
View full profile →
32
·
University of Central Florida

Orlando, FL · 40% accepted · $10,411 net

16

Why it ranks #32

University of Central Florida lands at #32 with a 16/100 composite, led by academic quality (87/100) and pulled down by economic outcomes (70/100). Graduates earn a median $58,308 a decade after enrolling, 19% below this list's average, and net price runs $10,411 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

Academic
87
Economic
70
Social mobility
81
Value
76
View full profile →
33
·
Western Governors University

Salt Lake City, UT · $12,548 net

15

Why it ranks #33

Western Governors University lands at #33 with a 15/100 composite, led by economic outcomes (74/100) and pulled down by academic quality (64/100). Graduates earn a median $60,615 a decade after enrolling, 15% below this list's average, and net price runs $12,548 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

Academic
64
Economic
74
Social mobility
Value
69
View full profile →
34
·
University of Nebraska-Lincoln

Lincoln, NE · 87% accepted · $17,747 net

15

Why it ranks #34

University of Nebraska-Lincoln lands at #34 with a 15/100 composite, led by economic outcomes (68/100) and pulled down by social mobility (59/100). Graduates earn a median $56,887 a decade after enrolling, 21% below this list's average, and net price runs $17,747 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

Academic
62
Economic
68
Social mobility
59
Value
62
View full profile →
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Cut it by what you care about

The same 34 schools, re-ranked by the outcome that matters to you.

Where the programs — and the jobs are

Where these graduates work

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Choosing the right online MBA program can feel overwhelming, especially with so many options on the table. These schools all have one thing in common: they offer programs that lead to strong earning potential for graduates. For instance, graduates from Embry-Riddle Aeronautical University-Worldwide report average earnings of $84,131, making it a strong contender in this field.

What sets the top programs apart isn't just the earnings, but also graduation rates, debt levels, and overall student outcomes. The schools listed below are ranked based on graduate earnings, reflecting the financial return on investment students can expect. As you explore these options, consider how graduation rates and debt can affect your overall financial picture.

Take, for example, the contrast between the University of Florida-Online and the University of New Hampshire College of Professional Studies Online. While the University of Florida-Online graduates earn an impressive $71,588 with a graduation rate of 81%, the University of New Hampshire's graduates earn $66,479 but have a lower graduation rate of 22%. This difference highlights the need to evaluate both earnings and completion rates when making your decision.

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

$13K $38K 24 $63K 8 $88K 2 $113K $138K 24 National Avg

Earnings vs. Net Price

Top-left = best value. Top-ranked schools are highlighted.

$10K$65K$120K $25K$50K NET PRICE (lower →) EARNINGS (higher ↑) Georgia Institute Georgetown University Northeastern University George Washington Boston University

Completion & Access

Graduation rates and who gets in. Data from College Scorecard & IPEDS.

Graduation Rates

Georgia Institute of… 93% Georgetown University 95% Northeastern Univers… 90% George Washington Un… 85% Boston University 89% Drexel University 78% University of Michig… 93% University of Illino… 85% Syracuse University 82% University of Washin… 84% Creighton University 82% University of North … 92% University of Wiscon… 89% University of Florida 91% University of Denver 77% Texas A&M University… 84% University of Georgia 89% University of Minnes… 85% Indiana University-B… 81% University of New Ha… 22% Pennsylvania State U… 86% University of Oklaho… 75% Florida State Univer… 84% University of Maryla… 31% University of South … 78%

Pell Grant Rate vs. Graduation Rate

Right = more low-income students. Higher = more graduate.

0% 100% PELL GRANT RATE → GRAD RATE ↑ Georgia Institute Georgetown University Northeastern University George Washington Boston University
Social Mobility

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 16 schools on this list with available data, that rate averages 2.1%. Florida International University leads the group at 5.2%, with Syracuse University (2.9%) and University of South Florida (2.7%) close behind.

Who gets in matters as much as what happens after. Across these schools, an average of 5.6% of students start in the bottom income quintile. Florida International University leads at 15%, 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 40.4% across this list. Georgetown University posts the highest success rate at 61%. Access without completion and career momentum is an incomplete picture, and this is the number that completes it.

Social capital, measured by economic connectedness, captures the degree of cross-class friendship on campus, another dimension Opportunity Insights ties to long-run outcomes. Across these schools it averages 1.68 against a national benchmark of 1.0. Boston University reaches 1.89, the highest on the list.

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

1 $6K 27 $18K 6 $30K $42K $54K 27 National Avg

Where These Schools Are Located

FL 5 GA 2 DC 2 MA 2 PA 2 NE 2 AR 2 MI 1 IL 1 NY 1 WA 1 NC 1 WI 1 CO 1 TX 1 MN 1 IN 1 NH 1 OK 1 MD 1 SC 1 AZ 1 OH 1 UT 1

When we dive into the earnings data, a clear pattern emerges between the top schools. Embry-Riddle Aeronautical University-Worldwide stands out with its graduates earning $84,131, significantly higher than the University of Arkansas Grantham, whose graduates earn $63,496. The difference of nearly $21,000 in earnings shows why some programs may be worth the extra investment.

As you navigate through these schools, it's essential to weigh the data against your own priorities. Think about what matters most to you — whether that's a lower net price, a strong graduation rate, or the program's reputation in your field. Each school offers a unique blend of costs and benefits, so consider what aligns best with your career goals and financial situation.

Ultimately, this data underscores the importance of making an informed decision that can shape your financial future. One family might choose the University of Florida-Online for its strong graduation rate and lower debt, while another might prioritize higher earnings from Embry-Riddle. Each choice reflects not just academic aspirations but also long-term stability and success in a competitive job market.

Data Sources

U.S. Dept of Education College Scorecard

Opportunity Insights Mobility Report Card

Social Capital Atlas

Times Higher Education World Rankings

NCES IPEDS

Frequently Asked Questions

Highest-Paying Online MBA Programs: Your Questions, Answered

What is the #1 school in the Highest-Paying Online MBA Programs ranking? +

Georgia Institute of Technology-Main Campus in Atlanta, GA ranks #1 in our 2026 Highest-Paying Online MBA Programs ranking. It earns the top spot on the strength of a median $102,772 in graduate earnings ten years after enrollment and a 93% 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 program has the highest graduate earnings? +

Georgetown University posts the highest median earnings on this list: $103,494 ten years after enrollment, well above the $71,673 average across the 34 ranked programs with earnings data. Earnings that outpace cost are what separate a degree that pays off from one that does not.

Which program offers the best value? +

On a pure return-on-cost basis, University of Arkansas Grantham leads: graduates earn a median $63,496 against tuition of about $10,000 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? +

Georgetown University has the highest graduation rate in this ranking at 95%, compared with a 77% 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 an MBA cost at these schools? +

Across the 30 programs with verified tuition, annual MBA tuition averages $37,473, ranging from about $9,610 a year at Western Governors University to $76,152 at University of Michigan-Ann Arbor. These are tuition figures pulled from official program pages (in-state where the school is public), not estimated net price.

How is the Highest-Paying Online MBA Programs 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 34 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

[1]

Chetty, R., Friedman, J., Saez, E., Turner, N., & Yagan, D. (2017). Mobility Report Cards: The Role of Colleges in Intergenerational Mobility. NBER Working Paper No. 23618.

[2]

U.S. Department of Education. College Scorecard Data. Federal Student Aid, National Center for Education Statistics.

[3]

National Center for Education Statistics. Integrated Postsecondary Education Data System (IPEDS).

[4]

U.S. News & World Report. Best Business Schools MBA Rankings. Used for MBA program validation.

The State of American Higher Education Outcomes for 2026 — report cover Download PDF

The 2026 Annual Report

The State of American Higher Education Outcomes

Every state graded on what graduates earn, how far they climb, and what college really costs — the hidden geography of economic mobility, in one report.

Free · 21 pages · 5,745 institutions · 100% federal data, no surveys