Analysis
Georgia State's real estate program lands squarely in the middle of Georgia's limited options but trails the national market by a meaningful margin. While $44,015 starting salary isn't terrible, it places graduates in just the 14th percentile nationally—and more than $10,000 behind what University of Georgia real estate graduates earn right out of the gate. Within Georgia, this program ranks at the 40th percentile, essentially the state median.
The positive news: debt loads are remarkably low compared to peer programs, ranking in the 5th percentile nationally. At $29,789, graduates owe about 30% less than the typical real estate student and roughly 70% of their first year's salary—a manageable burden. Earnings also show healthy growth, jumping 16% to reach $51,013 by year four. That upward trajectory matters in real estate, where relationships and local market knowledge compound over time.
The critical caveat is sample size—fewer than 30 recent graduates reported data, which makes these numbers less reliable than larger programs. For families considering this path, the modest starting salary is offset by low debt and Georgia State's access to Atlanta's substantial commercial real estate market. Your child won't start at the top of the earnings ladder, but they'll climb it without crushing debt, and the program serves students well (half receive Pell grants, suggesting strong support for upward mobility). Just know they're not getting the same launch as UGA graduates.
Where Georgia State University Stands
Earnings vs. debt across all real estate bachelors's programs nationally
Earnings Distribution
How Georgia State University graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Georgia State University | $44,015 | $51,013 | +16% |
| Texas Christian University | $68,246 | $104,549 | +53% |
| Villanova University | $75,702 | $101,813 | +34% |
| University of Wisconsin-Madison | $73,239 | $100,995 | +38% |
| University of Georgia | $55,655 | $76,036 | +37% |
Compare to Similar Programs in Georgia
Real Estate bachelors's programs at peer institutions in Georgia (3 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $8,478 | $44,015 | $51,013 | $29,789 | 0.68 | |
| $11,180 | $55,655 | $76,036 | $24,027 | 0.43 | |
| 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 Georgia State University, approximately 50% 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.
Sample Size: Based on 25 graduates with reported earnings and 24 graduates with debt data. Small samples may not be representative.