Earning a master's degree is a great intellectual endeavor, but before you enroll in a master's program, you should think about how it will affect your earning potential. PayScale's College Salary Report ranks master's degree programs at universities across the country by how much their alumni earn. You can use this data to evaluate whether or not you should pursue a master's degree and where you should earn it.
Master's degree programs have a huge variance in pay, but the trend is clear -- schools that produce the highest earners with master's degrees have strong STEM (science, technology, engineering and math) programs.
Ranked by the salaries of alumni with 10 or more years of experience, Stanford University produces some of the highest-paid alumni with master's degrees, along with nearby Santa Clara University. East Coast schools NYU Polytechnic School of Engineering, Carnegie Mellon University, MIT and Bentley University are also perennial top performers.