Est. Earnings (1yr)
$54,665
Est. from national median (28 programs)
Est. Median Debt
$20,530
Est. from national median (7 programs)

Analysis

The striking contrast here is between Penn's elite profile—a 6% admission rate, 1545 average SAT—and the estimated $54,665 first-year earnings for this real estate program. That figure, drawn from national benchmarks since Penn's graduate cohort is too small to report, sits well below what Pennsylvania's other major real estate programs produce. Temple graduates earn $48,836, but Villanova's program yields $75,702—suggesting Penn's real estate graduates may be entering different career paths or geographic markets than the degree alone would predict.

The estimated $20,530 in debt points to a manageable burden relative to earnings, though it's worth noting this represents Penn's institutional average rather than outcomes specific to real estate majors. With a debt-to-earnings ratio of 0.38, the financial framework looks reasonable if the earnings estimate holds. However, real estate careers can vary dramatically—some lead to lucrative development or investment roles, while others start in property management or residential sales with slower income growth.

For a family paying Penn's tuition, the central question is whether this degree leverages the university's network and prestige effectively. Real estate is a field where connections and internships often matter more than pedigree, and the suppressed data makes it impossible to know whether Penn's specific graduates outperform these peer-program estimates. If your child has alternative offers from schools with proven track records in real estate placement, those may warrant serious consideration alongside the broader Penn advantage.

Where University of Pennsylvania Stands

Earnings vs. debt across all real estate bachelors's programs nationally

Compare to Similar Programs in Pennsylvania

Real Estate bachelors's programs at peer institutions in Pennsylvania (4 total in state)

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SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median Debt*Debt/Earnings
University of PennsylvaniaPhiladelphia$66,104$54,665*—$20,530*—
Villanova UniversityVillanova$64,701$75,702*$101,813$27,000*0.36
Temple UniversityPhiladelphia$22,082$48,836*$58,991$23,811*0.49
National Median—$54,665*—$21,126*0.39
* Estimated from similar programs

Career Paths

Occupations commonly associated with real estate graduates

Property, Real Estate, and Community Association Managers

Plan, direct, or coordinate the selling, buying, leasing, or governance activities of commercial, industrial, or residential real estate properties. Includes managers of homeowner and condominium associations, rented or leased housing units, buildings, or land (including rights-of-way).

$66,700/yrJobs growth:High school diploma or equivalent

Real Estate Brokers

Operate real estate office, or work for commercial real estate firm, overseeing real estate transactions. Other duties usually include selling real estate or renting properties and arranging loans.

$58,960/yrJobs growth:High school diploma or equivalent

Real Estate Sales Agents

Rent, buy, or sell property for clients. Perform duties such as study property listings, interview prospective clients, accompany clients to property site, discuss conditions of sale, and draw up real estate contracts. Includes agents who represent buyer.

$58,960/yrJobs growth:High school diploma or equivalent

Appraisers of Personal and Business Property

Appraise and estimate the fair value of tangible personal or business property, such as jewelry, art, antiques, collectibles, and equipment. May also appraise land.

Appraisers and Assessors of Real Estate

Appraise real estate, exclusively, and estimate its fair value. May assess taxes in accordance with prescribed schedules.

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 University of Pennsylvania, approximately 16% 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.