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Most Affordable Master's Programs

By David Krug, Co-Founder, CollegeRanker · Updated 2026-05-31 · 50 schools · Agent Insights
50
Schools Analyzed
$49,723
Avg. Earnings (10yr)
45%
Avg. Graduation Rate
$4,469
Avg. Net Price

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As we consider the rising costs of higher education, many students and families are looking for affordable master's programs that still deliver strong outcomes. This list highlights 50 institutions known for their commitment to providing quality education at a manageable price point.

The schools on this list excel in key areas like earnings potential, graduation rates, and manageable debt levels. For example, graduates from these institutions achieve average earnings of around $50,041, which is a crucial factor in determining the long-term value of a degree. As you explore the rankings below, keep in mind these essential metrics: high graduation rates may indicate a supportive environment, while lower debt levels can lead to greater financial flexibility after graduation.

Take CUNY Hunter College and CUNY Lehman College, for example. Hunter graduates earn an impressive $63,163 on average, yet with a slightly higher net price of $2,984 compared to Lehman’s $3,148. However, Lehman has a lower graduation rate of 50%, which may raise questions about program support. These contrasts highlight the importance of evaluating each school not just on cost, but on the outcomes they provide.

Key Findings

CUNY Bernard M Baruch College graduates earn an average of $75,971, which is $25,930 more than the average earnings in this list.

The average net price for these programs is $3,045, significantly lower than the national average for master's programs.

CUNY Hunter College has a graduation rate of 59%, higher than the average of 45% for the schools listed.

Students from these programs graduate with an average debt of $11,000, which is manageable compared to national averages.

Quick Numbers

Schools ranked 50
Avg. earnings at 10yr $49,723
Avg. graduation rate 45%
Avg. net price $4,469
Avg. median debt $13,367

How We Ranked

Master's-granting institutions ranked by net price and value

Read our full methodology →

Earnings vs. Cost

Each dot is a ranked school. Up = higher earnings. Right = higher cost. Top-left is the best value.

$15K$68K$120K$0$50KNET PRICECUNY HunterCUNY BernardCUNY BrooklynCUNY LehmanCUNY John

Graduation Rates

Longer bars = higher graduation rate.

CUNY Hunter College59%CUNY Bernard M Baruch Co…72%CUNY Brooklyn College55%CUNY Lehman College50%CUNY John Jay College of…56%CUNY Queens College56%CUNY York College31%Texas A & M Internationa…48%CUNY City College56%Indiana University-Kokomo45%St Petersburg College38%Alpena Community College51%University of Florida91%Princeton University97%College of the Mainland30%CUNY Medgar Evers College21%The University of Texas …50%Eastern New Mexico Unive…42%California State Univers…53%Shasta College26%

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Full Rankings

#1

CUNY Hunter College

New York, NY · 16,289 students · Public

With a student body of over 16,000, Hunter College is a vibrant hub for aspiring scholars in New York City. Graduating about 59% of its students, it has a diverse community, and a significant 56% of its students receive Pell Grants, indicating strong support for those from lower-income backgrounds.
54% accepted 59% graduate $63,163 earnings
CUNY's full profile
#2

CUNY Bernard M Baruch College

New York, NY · 16,154 students · Public

Baruch College is a great choice for students focused on business and public affairs, with strong programs that lead to high earning potential. About 72% of students graduate, and the median earnings ten years after graduation are an impressive $75,971, which highlights the value of a Baruch degree in the workforce.
48% accepted 72% graduate $75,971 earnings
CUNY's full profile
#3

CUNY Brooklyn College

Brooklyn, NY · 10,543 students · Public

Nestled in vibrant Brooklyn, this college serves around 10,500 students and emphasizes a liberal arts education. Brooklyn College has a graduation rate of 55% and a diverse student population, with 57% of its students receiving Pell Grants, which speaks to its commitment to inclusivity and support for those in need.
58% accepted 55% graduate $60,752 earnings
CUNY's full profile
#4

CUNY Lehman College

Bronx, NY · 10,696 students · Public

Lehman College, located in the Bronx, is home to nearly 11,000 students and has a strong commitment to serving its community. Although the graduation rate is on the lower side at 50%, the college has a diverse student body, with 60% of students receiving Pell Grants, which reflects its dedication to making education accessible for everyone.
57% accepted 50% graduate $58,013 earnings
CUNY's full profile
#5

CUNY John Jay College of Criminal Justice

New York, NY · 11,590 students · Public

With a focus on criminal justice, CUNY John Jay College serves as a hub for students passionate about law enforcement, public safety, and social justice. The school's location in New York City offers unique internship and networking opportunities that can enhance career prospects in these fields.
57% accepted 56% graduate $56,195 earnings
CUNY's full profile
#6

CUNY Queens College

Queens, NY · 12,550 students · Public

With over 12,500 students, CUNY Queens College is a vibrant hub of diverse academic pursuits in New York City. The college is known for its strong commitment to accessibility, with 47% of students receiving Pell Grants, making it an appealing choice for those seeking an affordable education in a culturally rich environment.
64% accepted 56% graduate $62,763 earnings
CUNY's full profile
#7

CUNY York College

Jamaica, NY · 4,345 students · Public

CUNY York College, located in Jamaica, NY, offers a close-knit community with a focus on supporting student success. Though it has a smaller enrollment of around 4,300 students, the college values diversity and strives to create an inclusive environment, with 40% of its student body receiving Pell Grants, highlighting its commitment to accessibility for all.
64% accepted 31% graduate $56,945 earnings
CUNY's full profile
#8

Texas A & M International University

Laredo, TX · 6,667 students · Public

Texas A&M International University emphasizes commitment to global education and community service, attracting students eager to make a difference. Its diverse programs cater to a range of interests, reflecting the needs of the Laredo community and beyond.
44% accepted 48% graduate $48,386 earnings
Texas's full profile
#9

CUNY City College

New York, NY · 12,505 students · Public

CUNY City College is a vibrant institution located in the heart of New York City, drawing students interested in a wide variety of academic disciplines. With a strong emphasis on research and community engagement, the college nurtures a diverse student body, creating an environment ripe for personal and professional growth.
60% accepted 56% graduate $66,039 earnings
CUNY's full profile
#10

Indiana University-Kokomo

Kokomo, IN · 2,352 students · Public

Indiana University-Kokomo serves a smaller, close-knit community, which can feel welcoming for students looking for personalized attention in their education. This public university emphasizes student support, often catering to those who may appreciate a more intimate campus environment.
86% accepted 45% graduate $49,917 earnings
Indiana's full profile
#11

St Petersburg College

St. Petersburg, FL · 18,950 students · Public

St. Petersburg College is an appealing choice in Florida, especially for students seeking a larger community, with nearly 19,000 enrolled. Its graduation rate of 38% reflects a solid commitment to student success, and the college is known for its supportive environment tailored to diverse academic backgrounds.
38% graduate $42,557 earnings
St's full profile
#12

Alpena Community College

Alpena, MI · 732 students · Public

In the scenic surroundings of Alpena, Michigan, Alpena Community College supports a tight-knit community of about 732 students. With a graduation rate at 51%, the college fosters a supportive atmosphere that can be particularly beneficial for students who may need more personalized attention during their studies. This can be an attractive option for individuals who thrive in smaller settings.
51% graduate $36,442 earnings
Alpena's full profile
#13

University of Florida

Gainesville, FL · 35,629 students · Public

With a staggering graduation rate of 91%, the University of Florida in Gainesville is a compelling choice for students eager to succeed. The campus is home to over 35,000 students, fostering a vibrant community that supports both academic and personal growth. Florida's strong focus on research and innovation means you'll be learning from experts and engaging in real-world projects that prepare you for your future career.
24% accepted 91% graduate $71,588 earnings
University's full profile
#14

Princeton University

Princeton, NJ · 5,709 students · Private nonprofit

Princeton University is known for its rigorous academic programs and a tight-knit community, all while maintaining a strong commitment to financial aid. With a graduation rate of 97%, students here benefit from a supportive environment that fosters success and prepares them for high-earning careers.
5% accepted 97% graduate $110,066 earnings
Princeton's full profile
#15

College of the Mainland

Texas City, TX · 3,368 students · Public

Nestled in Texas City, College of the Mainland serves a smaller community of about 3,400 students. With a graduation rate of 30%, this school places a strong emphasis on accessibility and support for students, particularly those who are navigating their first experience in higher education. A welcoming environment makes it a good fit for those seeking a more intimate campus experience.
30% graduate $39,639 earnings
College's full profile
#16

CUNY Medgar Evers College

Brooklyn, NY · 3,233 students · Public

CUNY Medgar Evers College, located in Brooklyn, is a close-knit community focused on empowering students through education. With an acceptance rate of 86%, it's an inviting option for those who may need additional support during their college journey. However, its graduation rate of just 21% might raise concerns, suggesting that students should be prepared for challenges along the way.
86% accepted 21% graduate $46,498 earnings
CUNY's full profile
#17

The University of Texas Rio Grande Valley

Edinburg, TX · 28,666 students · Public

The University of Texas Rio Grande Valley (UTRGV) is a large public university that serves a diverse student body of nearly 29,000. With a 94% acceptance rate, UTRGV is dedicated to providing educational opportunities to a broad range of students, many from underrepresented backgrounds, with 65% of students receiving Pell Grants. This college aims to empower students in the region with access to quality education and community involvement.
94% accepted 50% graduate $49,620 earnings
The's full profile
#18

Eastern New Mexico University-Main Campus

Portales, NM · 3,357 students · Public

With an acceptance rate of 92%, Eastern New Mexico University in Portales welcomes a diverse array of students looking for a supportive environment. The campus is known for its strong community feel, where you can connect with peers and faculty, making it easier to navigate college life together.
92% accepted 42% graduate $38,550 earnings
Eastern's full profile
#19

California State University-Los Angeles

Los Angeles, CA · 19,562 students · Public

Located in the heart of Los Angeles, California State University-Los Angeles serves a diverse student body of over 19,500. With a graduation rate of 53%, the university supports a vibrant community, particularly for those who are first-generation college students and Pell Grant recipients, accounting for 66% of the student population.
91% accepted 53% graduate $59,211 earnings
California's full profile
#20

Shasta College

Redding, CA · 6,128 students · Public

Shasta College, located in Redding, California, serves over 6,000 students and is known for its intimate campus atmosphere. With a graduation rate of only 26%, the college focuses on providing support to students who may need extra help transitioning to higher education.
26% graduate $39,269 earnings
Shasta's full profile
#21

CUNY New York City College of Technology

Brooklyn, NY · 13,580 students · Public

CUNY New York City College of Technology, located in the bustling borough of Brooklyn, caters to over 13,000 students and offers a dynamic urban college experience. The college is known for its practical programs that prepare students for various career paths in a city filled with opportunities.
80% accepted 20% graduate $49,365 earnings
CUNY's full profile
#22

Indiana University-Northwest

Gary, IN · 2,661 students · Public

Located in Gary, Indiana, Indiana University-Northwest serves a tight-knit community of around 2,661 students. The university’s urban setting offers unique opportunities to engage with local businesses and industries, which can enhance your educational experience and career prospects.
73% accepted 37% graduate $43,361 earnings
Indiana's full profile
#23

Elizabeth City State University

Elizabeth City, NC · 1,975 students · Public

Elizabeth City State University offers a vibrant campus life for its 1,975 students, with a diverse range of programs. The graduation rate of 46% suggests that while many students persist, there is room for improvement in support and resources to help them finish strong.
64% accepted 46% graduate $40,026 earnings
Elizabeth's full profile
#24

University of Florida-Online

Gainesville, FL · 4,627 students · Public

The University of Florida-Online is an excellent choice for students looking for a flexible and high-quality education. With an impressive graduation rate of 81%, it reflects the effectiveness of its online programs in helping students succeed while balancing other commitments. This university is particularly appealing for those who thrive in independent learning environments and are seeking a respected degree from a public institution.
61% accepted 81% graduate $71,588 earnings
University's full profile
#25

Dallas College

Dallas, TX · 43,869 students · Public

Dallas College is a massive institution, hosting nearly 44,000 students, making it an accessible option for those looking to further their education in Texas. However, the graduation rate is only 34%, which could raise concerns for some. Still, the college emphasizes support systems for students, particularly those from diverse backgrounds and varying financial situations.
34% graduate $41,714 earnings
Dallas's full profile
#26

University of Science and Arts of Oklahoma

Chickasha, OK · 941 students · Public

The University of Science and Arts of Oklahoma in Chickasha has a unique mission to provide a liberal arts education that embraces creativity and critical thinking. Despite a smaller student body of 941, the university fosters a close-knit community where students can form strong connections with peers and faculty. This personal attention can significantly enhance your educational experience, making it easier to navigate the challenges of college life.
66% accepted 41% graduate $41,913 earnings
University's full profile
#27

California State University-San Bernardino

San Bernardino, CA · 15,023 students · Public

California State University-San Bernardino offers a strong educational path with a graduation rate of 55%, making it a reliable option for students aiming for degree completion. With over 15,000 students, the campus fosters a vibrant community that encourages collaboration and personal growth.
94% accepted 55% graduate $59,977 earnings
California's full profile
#28

Santa Monica College

Santa Monica, CA · 21,440 students · Public

Santa Monica College, located in sunny California, serves as a stepping stone for many students looking to transfer to four-year institutions. With a large student body of over 21,000, it offers a diverse range of programs and a vibrant campus life. Though the graduation rate is lower at 36%, the college emphasizes accessibility and affordability, making higher education attainable for many.
36% graduate $42,193 earnings
Santa's full profile
#29

College of Staten Island CUNY

Staten Island, NY · 9,657 students · Public

With a welcoming acceptance rate of 92%, the College of Staten Island is a great option for students looking for accessible higher education in New York. This public college serves nearly 10,000 students and offers a diverse environment, reflecting the rich culture of Staten Island itself.
92% accepted 33% graduate $53,501 earnings
College's full profile
#30

North Central State College

Mansfield, OH · 1,273 students · Public

North Central State College in Mansfield, Ohio, caters to students seeking to enter the workforce quickly or transfer to a four-year institution. With a smaller enrollment of about 1,273, this college fosters a supportive and personalized education experience, which can be especially beneficial for students who thrive in intimate classroom settings.
35% graduate $38,158 earnings
North's full profile
#31

Abraham Baldwin Agricultural College

Tifton, GA · 3,208 students · Public

Located in Tifton, Georgia, Abraham Baldwin Agricultural College offers a unique focus on agricultural and rural studies. With a student population of about 3,200, the college provides a close-knit environment where students can thrive in specialized programs tailored to their interests.
76% accepted 33% graduate $34,996 earnings
Abraham's full profile
#32

West Virginia University at Parkersburg

Parkersburg, WV · 1,868 students · Public

With just under 2,000 students, West Virginia University at Parkersburg fosters a close-knit learning environment. The school serves a diverse student body, with 33% of its students receiving Pell Grants, suggesting strong support for those from lower-income backgrounds.
20% graduate $35,171 earnings
West's full profile
#33

Cincinnati State Technical and Community College

Cincinnati, OH · 5,667 students · Public

With a focus on technical and vocational training, Cincinnati State Technical and Community College prepares students for immediate employment in various fields. The school serves a diverse population of over 5,600 students, and its programs are designed to meet the demands of local industries.
18% graduate $40,137 earnings
Cincinnati's full profile
#34

Dalton State College

Dalton, GA · 4,553 students · Public

Dalton State College offers a supportive environment for its roughly 4,500 students, focusing on academic and personal growth. The college emphasizes accessibility and community engagement, making it a solid choice for students who appreciate a close-knit campus experience while pursuing a degree.
28% graduate $40,251 earnings
Dalton's full profile
#35

Purdue University Northwest

Hammond, IN · 5,671 students · Public

At Purdue University Northwest, students find a diverse array of programs amid a sizable student body of 5,671. The graduation rate is notably higher at 43%, reflecting the college's commitment to student success and retention. This supportive environment is ideal for those looking to thrive in their academic journey.
72% accepted 43% graduate $48,318 earnings
Purdue's full profile
#36

Berea College

Berea, KY · 1,513 students · Private nonprofit

With a focus on affordability and accessibility, Berea College charges no tuition, relying instead on a work-study program to help students manage costs. Approximately 84% of students here are Pell Grant recipients, reflecting the college's commitment to supporting low-income students seeking higher education opportunities.
19% accepted 60% graduate $43,150 earnings
Berea's full profile
#37

South Texas College

McAllen, TX · 15,856 students · Public

27% graduate $36,788 earnings
South's full profile
#38

Marshall University

Huntington, WV · 7,266 students · Public

96% accepted 50% graduate $46,354 earnings
Marshall's full profile
#39

Atlanta Metropolitan State College

Atlanta, GA · 1,228 students · Public

16% graduate $33,252 earnings
Atlanta's full profile
#40

University of Akron Wayne College

Orrville, OH · 457 students · Public

University of Akron Wayne College, located in Orrville, Ohio, has a welcoming 90% acceptance rate, making it accessible for many students. With a small student population of 457, the college emphasizes personalized support, which can be crucial for those adjusting to college life.
90% accepted 19% graduate $46,600 earnings
University's full profile
#41

Universidad Central de Bayamon

Bayamón, PR · 539 students · Private nonprofit

Universidad Central de Bayamon is a private nonprofit institution that stands as a beacon for students in Puerto Rico, with a 37% graduation rate. The college nurtures a vibrant community, with nearly 80% of its students receiving Pell Grants, indicating a commitment to supporting those in need.
66% accepted 37% graduate $25,021 earnings
Universidad's full profile
#42

Hillsborough Community College

Tampa, FL · 21,472 students · Public

34% graduate $40,782 earnings
Hillsborough's full profile
#43

Chipola College

Marianna, FL · 1,312 students · Public

57% graduate $37,378 earnings
Chipola's full profile
#44

South Florida State College

Avon Park, FL · 2,045 students · Public

49% graduate $39,990 earnings
South's full profile
#45

California State University-Bakersfield

Bakersfield, CA · 8,577 students · Public

With a large student body of over 8,500, California State University-Bakersfield is an accessible choice for many students. The university has a high acceptance rate of 94%, making it a viable option for those looking to pursue higher education in California's Central Valley.
94% accepted 50% graduate $59,009 earnings
California's full profile
#46

Ohio University-Eastern Campus

Saint Clairsville, OH · 298 students · Public

At Ohio University-Eastern Campus, the intimate setting with just 298 students offers a close community feel. However, the graduation rate of only 20% suggests that many students face challenges in completing their degrees, which can impact overall success and career opportunities.
20% graduate $52,581 earnings
Ohio's full profile
#47

Pensacola State College

Pensacola, FL · 7,538 students · Public

39% graduate $36,739 earnings
Pensacola's full profile
#48

United States Merchant Marine Academy

Kings Point, NY · 962 students · Public

The United States Merchant Marine Academy in Kings Point is not just a school; it’s an opportunity to serve while earning a degree. With a graduation rate of 81%, the academy prepares students for careers in maritime and transportation industries, blending rigorous academics with real-world experience. The unique environment here attracts motivated individuals who are ready to embark on a path that combines education with service to the nation.
34% accepted 81% graduate $90,610 earnings
United's full profile
#49

Sinclair Community College

Dayton, OH · 13,308 students · Public

36% graduate $37,558 earnings
Sinclair's full profile
#50

New College of Florida

Sarasota, FL · 843 students · Public

New College of Florida stands out with its liberal arts approach and a graduation rate of 64%, significantly above many peers. Located in Sarasota, this small public college fosters a unique learning environment for around 843 students, promoting a culture of inquiry and creativity.
73% accepted 64% graduate $48,082 earnings
New's full profile

When we look closer at the data, a distinct pattern emerges. CUNY Bernard M Baruch College outperforms other schools with its graduation rate of 72% and higher earnings of $75,971. In contrast, CUNY Brooklyn College, while still affordable with a net price of $3,103, has a graduation rate of just 55% and lower average earnings of $60,752. This illustrates that better outcomes do not just come from affordability; they often require a supportive academic environment.

After reviewing these schools, think about what matters most to you. Are you prioritizing a lower net price or higher potential earnings? Consider how each program aligns with your career goals and personal circumstances. Location and program fit can significantly impact your experience and future opportunities, so weigh these factors carefully as you make your decision.

Ultimately, the pursuit of a master's degree is a crucial step towards building a stable life. A family deciding between affordable options like CUNY Hunter College and CUNY Lehman College is not just looking at numbers; they are evaluating the potential for a brighter future. Choosing a program with strong outcomes will not only reduce financial stress but also enhance career prospects down the line.

Data Sources

U.S. Dept of Education College Scorecard

Opportunity Insights Mobility Report Card

Social Capital Atlas

Times Higher Education World Rankings

NCES IPEDS

Sources & Citations

[1]

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

[2]

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

DK

David Krug

Co-Founder, CollegeRanker

David Krug is the co-founder of CollegeRanker and a data systems architect focused on making institutional research accessible to families. He builds the data pipelines and ranking algorithms that power CollegeRanker, drawing from federal datasets and Raj Chetty's Opportunity Insights research to measure what traditional rankings ignore: whether a college actually changes a family's economic trajectory.