Analysis
Comparable real estate programs in California suggest first-year earnings around $51,667—right at the state median but slightly below the national benchmark of $54,665. With an estimated debt load of $21,353, the debt-to-earnings ratio of 0.41 is manageable, meaning graduates would owe roughly 41 cents for every dollar earned in their first year. That's a solid foundation for a field where income typically grows with experience and professional licensing.
The real story here is variability. California's real estate programs produce dramatically different outcomes, from USC's nearly six-figure first-year earnings to CSU-Northridge's $35,879. Where Fresno State's program actually falls in that range is unclear given the estimated data. The high Pell grant enrollment (56%) suggests many students here come from families where taking on $21,000 in debt represents real financial risk, even with decent projected earnings. Real estate careers also depend heavily on local market conditions and individual hustle—factors no dataset can predict.
For families considering this program, the estimated numbers suggest reasonable value compared to peer schools, but you're essentially betting on state averages rather than proven outcomes from this specific campus. If your child is self-motivated and comfortable with commission-based work after building their license and client base, the debt load shouldn't be crushing. If they need more certainty about post-graduation earnings, programs with actual reported data might offer more confidence.
Where California State University-Fresno Stands
Earnings vs. debt across all real estate bachelors's programs nationally
Compare to Similar Programs in California
Real Estate bachelors's programs at peer institutions in California (7 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $6,980 | $51,667* | — | $21,353* | — | |
| $68,237 | $98,763* | — | $19,500* | 0.20 | |
| $56,444 | $54,073* | $93,940 | $21,000* | 0.39 | |
| $13,160 | $49,261* | $43,375 | $37,312* | 0.76 | |
| $7,095 | $35,879* | — | —* | — | |
| National Median | — | $54,665* | — | $21,126* | 0.39 |
Career Paths
Occupations commonly associated with real estate graduates
Property, Real Estate, and Community Association Managers
Real Estate Brokers
Real Estate Sales Agents
Appraisers of Personal and Business Property
Appraisers and Assessors of Real Estate
About This Data
Source: U.S. Department of Education College Scorecard (October 2025 release)
Population: Graduates who received federal financial aid (Title IV grants or loans). At California State University-Fresno, approximately 56% of students receive Pell grants. Students who did not receive federal aid are not included in these figures.
Earnings: Median earnings from IRS W-2 data for graduates who are employed and not enrolled in further education, measured 1 year after completion. Earnings are pre-tax and include wages, salaries, and self-employment income.
Debt: Median cumulative federal loan debt at graduation. Does not include private loans or Parent PLUS loans borrowed on behalf of students.
Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the median of 4 similar programs in CA. Actual outcomes may vary.