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95.4%Acceptance
$8,152Tuition
7,079Students
45%Grad Rate (6-yr)
$44,511Earnings
#16 in MontanaPublic4-yearSAT/ACT Test OptionalResearch UniversityNCAA Division IStudy AbroadData: 2023-24
Return on Investment: Good

At $17,118/yr net price, The University of Montana graduates earn $44,511/yr within 10 years of enrollment, which is $10,511/yr above the median for high school graduates.

Cost vs. Outcomes

Return on investment data for The University of Montana
Metric Value
Average Net Price (per year) $17,118
Estimated 4-Year Cost $68,472
Median Earnings (10yr post-entry) $44,511/yr
Earnings Premium vs. HS Diploma +$10,511/yr
Estimated Break-Even 6.5 years
Graduation Rate (6-year) 45.4%
Median Debt at Graduation $22,400

What You'll Actually Pay

Average net price by family income

Net price by family income for The University of Montana
Family Income Estimated Net Price
$0 - $30,000 $14,521/yr
$30,001 - $48,000 $15,563/yr
$48,001 - $75,000 $17,795/yr
$75,001 - $110,000 $18,911/yr
$110,001+ $20,648/yr

Earnings by Major

Top programs ranked by median earnings

Earnings and debt by program at The University of Montana
Program Level Median Earnings Median Debt
Pharmacy, Pharmaceutical Sciences, and Administration. Doctoral $113,016 $50,640
Psychology, General. Doctoral $76,460
Computer and Information Sciences, General. Bachelor $67,660
Rehabilitation and Therapeutic Professions. Doctoral $62,707 $95,599
Business Administration, Management and Operations. Master $58,673 $23,411
Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. Associate $57,318 $31,111
Management Information Systems and Services. Bachelor $55,286 $21,500
Law. Doctoral $52,433 $72,126
Accounting and Related Services. Master $52,107
Public Administration. Master $47,260 $30,638

The Risk Factor

Completion Risk: Elevated Risk

45.4% of students at The University of Montana graduate within 6 years. More than half of students finish, but the dropout rate is a real factor in whether this investment pays off.

Analysis

The University of Montana delivers weak overall financial returns, with median earnings of $44,511 barely justifying the investment for most graduates. The 45% graduation rate means more than half of students leave without a degree, making this a high-risk choice financially.

Pharmacy stands out as the clear winner with $113,016 in median earnings, though you'll graduate with $50,640 in debt. Psychology and computer science also show strong returns at $76,460 and $67,660 respectively. Business management offers decent earnings at $58,673 with reasonable debt levels. However, rehabilitation programs saddle you with $95,599 in debt for only $62,707 in earnings, creating a problematic debt-to-income ratio.

Montana's rural job market limits career opportunities, particularly outside healthcare and education. You'll likely need to relocate for higher-paying positions, adding moving costs to your financial burden. The low retention rate of 76% signals academic or financial struggles that force students to transfer or drop out.

This school works best if you're pursuing pharmacy or entering with strong academic preparation for psychology or computer science. Montana residents benefit from in-state tuition, but out-of-state students should look elsewhere given the weak earning potential relative to costs. The limited financial aid availability, with only 28% receiving aid, means you'll likely pay close to full price.

Avoid Montana if you're considering rehabilitation programs or any major not listed among the top earners. The combination of low graduation rates, limited regional opportunities, and modest earning potential makes this a poor investment for most students seeking strong financial returns.

Frequently Asked Questions

Is The University of Montana worth the cost for most students?

The University of Montana offers a relatively low net price at $17,118 per year, but graduates earn just $44,511 ten years after enrollment, which is below the national average. With a 45% graduation rate, nearly half of students don't finish their degree.

What are the best paying majors at The University of Montana?

Pharmacy leads with graduates earning $113,016 annually, followed by Psychology at $76,460 and Computer Science at $67,660. Most other programs result in significantly lower earnings that may not justify the investment.

How much student debt do University of Montana graduates typically have?

The median debt is $22,400, which is manageable compared to many schools. However, with average earnings of $44,511, graduates may still struggle with loan payments depending on their chosen field.

Does The University of Montana have good financial aid?

The net price of $17,118 suggests decent financial aid availability, making it more affordable than many four-year universities. The low cost helps offset the below-average post-graduation earnings for most programs.