Analysis
USC's real estate program produces graduates earning nearly double the national median—$98,763 versus $54,665—placing them in the 95th percentile both nationally and among California programs. That's extraordinary performance, with first-year earnings exceeding even the University of San Diego (the next-best California program) by over $44,000. The $19,500 debt load is actually slightly below California's median for this major, creating a debt-to-earnings ratio of just 0.20. This means graduates could theoretically pay off their loans in about two months of work.
The critical caveat: these figures come from fewer than 30 graduates, making them statistically unstable. One or two exceptionally successful alumni could be skewing the entire picture. However, USC's prestigious brand in Southern California real estate markets and its 10% admission rate suggest these graduates likely have advantages—networking connections, internship access, and signaling value—that could reasonably justify higher earnings.
For families who can afford USC (and manage to get in), this represents a compelling bet if their child is serious about commercial real estate careers. The combination of manageable debt and six-figure starting potential is rare. Just recognize you're basing this decision on limited data from an elite program where outcomes may vary more widely than these numbers suggest.
Where University of Southern California Stands
Earnings vs. debt across all real estate bachelors's programs nationally
Earnings Distribution
How University of Southern California graduates compare to all 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 |
|---|---|---|---|---|---|
| $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 University of Southern California, approximately 22% 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 18 graduates with reported earnings and 25 graduates with debt data. Small samples may not be representative.