At $36,803/yr net price, University of Miami graduates earn $75,328/yr within 10 years of enrollment, which is $41,328/yr above the median for high school graduates.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $36,803 |
| Estimated 4-Year Cost | $147,212 |
| Median Earnings (10yr post-entry) | $75,328/yr |
| Earnings Premium vs. HS Diploma | +$41,328/yr |
| Estimated Break-Even | 3.6 years |
| Graduation Rate (6-year) | 84.2% |
| Median Debt at Graduation | $17,500 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $17,790/yr |
| $30,001 - $48,000 | $19,645/yr |
| $48,001 - $75,000 | $20,250/yr |
| $75,001 - $110,000 | $26,355/yr |
| $110,001+ | $48,907/yr |
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Health and Medical Administrative Services. | Master | $125,015 | $108,479 |
| Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. | Doctoral | $117,572 | $201,589 |
| Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. | Master | $95,591 | $53,296 |
| Business Administration, Management and Operations. | Master | $83,022 | $97,088 |
| Finance and Financial Management Services. | Master | $80,862 | |
| Computer Science. | Bachelor | $78,343 | $18,584 |
| Biomedical/Medical Engineering. | Master | $73,446 | |
| Mechanical Engineering. | Bachelor | $72,796 | $17,650 |
| Rehabilitation and Therapeutic Professions. | Doctoral | $71,095 | $157,323 |
| Aerospace, Aeronautical and Astronautical Engineering. | Bachelor | $71,015 |
The Risk Factor
84.2% of students at University of Miami graduate within 6 years. Most students who start here finish their degree.
Analysis
University of Miami delivers strong financial returns for most graduates, with median earnings of $75,328 placing it well above the national average for private universities. Your debt load stays manageable at $17,500, creating a favorable earnings-to-debt ratio that works in your favor.
Health administration and nursing programs generate strong returns, with health administration graduates earning $125,015 annually. However, nursing shows a concerning debt pattern with one track carrying $201,589 in debt versus another at just $53,296 for similar earnings. Business and finance majors see solid returns around $80,000, making these reliable choices for career-focused students.
The school's Miami location creates both opportunity and risk. You gain access to finance, healthcare, and international business sectors, but you also face higher living costs that extend beyond tuition. The 84% graduation rate means most students complete their degrees, but the 15% financial aid rate suggests limited need-based support for middle-income families.
Miami works financially for students who can afford the $36,803 net price without excessive borrowing, particularly those targeting business or healthcare careers. The school's strong alumni network in Florida and Latin American markets provides job placement advantages worth the premium cost.
You should look elsewhere if you need substantial financial aid or plan to enter lower-paying fields. The high sticker price makes Miami a poor choice for education, social work, or arts majors who face limited earning potential. Consider Miami if your family can handle the costs comfortably and you target high-earning programs where the school's reputation and location provide clear career advantages.
Frequently Asked Questions
Is University of Miami worth the high tuition cost?
University of Miami's $36,803 annual net price is steep, but graduates earn $75,328 after 10 years, which is above average for private universities. The strong alumni network and Miami location help with job placement, though you'll need to choose your major carefully to justify the cost.
What are the best paying majors at University of Miami?
Health administration ($125,015) and nursing ($117,572) offer the highest returns at University of Miami. Business and finance majors earn around $80,000-83,000, which is decent but may not fully offset the high tuition costs.
How much student debt do University of Miami graduates typically have?
University of Miami graduates leave with a median debt of $17,500, which is relatively low for a private university. The school's financial aid helps keep debt manageable, though the high sticker price still requires significant family contribution or merit scholarships.
Does University of Miami provide good return on investment compared to other schools?
University of Miami offers mixed ROI depending on your field and financial situation. The 84% graduation rate and strong earning potential in health and business programs can justify costs, but students in lower-paying majors may struggle to recoup their investment.