Analysis
Portland's competitive real estate market offers strong context for understanding this program's potential, though the estimated $54,665 first-year earnings figure—derived from national peer programs—deserves scrutiny. Oregon is one of the nation's most dynamic housing markets, where real estate professionals often command premium compensation. However, similar bachelor's programs nationally cluster tightly around this same $55K median, suggesting the credential itself may carry less weight than local market conditions and individual licensure. The estimated debt load of around $21,000 yields a manageable 0.39 debt-to-earnings ratio, but that assumes Portland State graduates achieve earnings on par with programs in very different regional markets.
The bigger question is whether a four-year degree adds sufficient value in a field where many successful agents enter through faster, cheaper licensure paths. Real estate is notoriously commission-based and performance-driven—your child's network, sales skills, and timing matter more than where they studied. Portland State's 40% Pell grant population and accessible admissions suggest this program serves students seeking formal business training alongside their real estate focus, but families should compare the total cost of this route against accelerated certificate programs plus immediate market entry.
**The takeaway**: If your child values a full business education and can keep total debt near this estimate, the numbers work. But recognize these projections reflect national averages, not Portland State's specific track record, and in real estate, hustle often matters more than credentials.
Where Portland State University Stands
Earnings vs. debt across all real estate bachelors's programs nationally
Compare to Similar Programs Nationally
Real Estate bachelors's programs at top institutions nationally
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $11,238 | $54,665* | — | $21,353* | — | |
| $68,237 | $98,763* | — | $19,500* | 0.20 | |
| $64,701 | $75,702* | $101,813 | $27,000* | 0.36 | |
| $60,438 | $74,912* | — | $20,500* | 0.27 | |
| $11,205 | $73,239* | $100,995 | $20,500* | 0.28 | |
| $12,859 | $72,769* | $72,701 | $19,000* | 0.26 | |
| 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 Portland State University, approximately 40% 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 national median of 28 similar programs. Actual outcomes may vary.