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 gives you a solid financial return, with one big catch: what you pay depends heavily on your family income. The median debt at graduation is low for a private university, and the 84% graduation rate paired with a 92% retention rate means you are likely to finish, which is the single biggest factor in whether college pays off. Most students who start here stay and leave with manageable loans.
The engineering and computer science majors are where the money is. Computer Science graduates out-earn the school median by several thousand dollars while carrying debt that stays under $19,000, which is a clean payoff. Mechanical, aerospace, and industrial engineering all land above the median too, with industrial engineering carrying the lowest debt of the group. Nursing sits lower but still clears the median and comes with reliable Florida-area demand. If your plan is one of these fields, the math works.
The risk here is price at the top income tier. If your family earns over $110k, you pay nearly $49,000 a year, roughly double what families under $75k pay. At that price, a non-technical major that earns near or below the $75,328 median takes far longer to justify the cost. Run your own numbers before committing to a lower-earning program at full price.
This school is a strong financial fit if you earn a spot in engineering, computer science, or nursing, or if your family income keeps your net price in the $18,000 to $26,000 range. Families under $110k get a genuine discount and a defensible return. If you are paying the full $49,000 sticker for a major that lands at or below the median salary, look harder at cheaper options before signing on.
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.