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6.5%Acceptance
$66,104Tuition
10,768Students
97%Grad Rate (6-yr)
$111,371Earnings
#1 in PennsylvaniaPrivate nonprofit4-yearSAT/ACT Test OptionalResearch UniversityNCAA Division IStudy AbroadData: 2023-24
Return on Investment: Strong

At $31,229/yr net price, University of Pennsylvania graduates earn $111,371/yr within 10 years of enrollment, which is $77,371/yr above the median for high school graduates.

Cost vs. Outcomes

Return on investment data for University of Pennsylvania
Metric Value
Average Net Price (per year) $31,229
Estimated 4-Year Cost $124,916
Median Earnings (10yr post-entry) $111,371/yr
Earnings Premium vs. HS Diploma +$77,371/yr
Estimated Break-Even 1.6 years
Graduation Rate (6-year) 96.8%
Median Debt at Graduation $15,715

What You'll Actually Pay

Average net price by family income

Net price by family income for University of Pennsylvania
Family Income Estimated Net Price
$0 - $30,000 $1,026/yr
$30,001 - $48,000 $4,759/yr
$48,001 - $75,000 $17,585/yr
$75,001 - $110,000 $29,302/yr
$110,001+ $57,603/yr

Earnings by Major

Top programs ranked by median earnings

Earnings and debt by program at University of Pennsylvania
Program Level Median Earnings Median Debt
Advanced/Graduate Dentistry and Oral Sciences. Certificate $245,155
Health Professions and Related Clinical Sciences, Other. Master $202,922
Finance and Financial Management Services. Master $201,334 $41,000
Management Sciences and Quantitative Methods. Master $198,043 $41,000
International/Global Studies. Master $182,280 $58,474
Law. Doctoral $177,119 $171,488
Business Administration, Management and Operations. Master $175,674 $41,420
Health and Medical Administrative Services. Master $174,994 $41,000
Real Estate. Master $169,894
Entrepreneurial and Small Business Operations. Master $167,417 $41,000

The Risk Factor

Completion Risk: Low Risk

96.8% of students at University of Pennsylvania graduate within 6 years. Most students who start here finish their degree.

Analysis

Penn is one of the safest financial bets in higher education. You graduate with a median debt of $15,715 against median earnings of $111,371 ten years out, so your loans clear in a fraction of a year's pay. A 96.8% graduation rate and 98.1% retention mean you almost certainly finish what you start, which removes the biggest hidden risk in college spending: paying for years without getting a degree.

The strongest returns cluster in computing and finance. Computer and Information Sciences graduates lead at $138,932, with Computer Science and Finance close behind above $122,000. These are Philadelphia and broader Northeast job markets that reward exactly these skills, and the debt attached stays low. International/Global Studies pays $84,653, still solid, but the gap between that and the computing majors is real. If you want the maximum payoff, the quantitative and technical programs deliver it.

The main financial risk here is the sticker price if your family earns over $110k. You pay $57,603 a year, and Penn's aid is calibrated to income, so higher-earning families carry close to full cost. Below that, the picture changes fast.

Net price by income tells the story cleanly. If your family makes under $30k, you pay about $1,026 a year. Between $30k and $48k, it's $4,759. The jump comes at $48-75k, where price climbs to $17,585, and again at $75-110k at $29,302. Penn is an outstanding deal for lower-income families and a genuine stretch for upper-middle-income ones who don't qualify for much aid.

You should choose Penn if you're targeting computing or finance and your family income is under $75k. If you're paying near full price for a lower-earning major, weigh the cost carefully.

Frequently Asked Questions

Is University of Pennsylvania worth the cost compared to other schools?

University of Pennsylvania graduates earn a median of $111,371 ten years after graduation, which is significantly higher than most universities. With a net price of $31,229 and median debt of only $15,715, the financial return is strong for most students.

Which University of Pennsylvania programs have the best ROI?

Dentistry leads with median earnings of $245,155, followed by health professions at $202,922 and finance at $201,334. Even lower-earning programs like international studies still produce $182,280 in median income, making most Penn programs financially viable.

How much debt do University of Pennsylvania students typically graduate with?

The median debt at University of Pennsylvania is $15,715, which is relatively low for a private university. Strong financial aid keeps debt manageable despite the high sticker price.

Does University of Pennsylvania provide good financial aid to reduce costs?

Penn's net price of $31,229 is substantially lower than its full cost, indicating significant financial aid for most students. The combination of aid and strong post-graduation earnings makes the investment worthwhile for most graduates.