University of Alabama Online

Pursuing a master’s degree online is more accessible than ever, but the investment can be substantial. If you’re wondering how much a master’s degree costs online and how students actually afford it, you’re not alone. Let’s break down the average costs, typical debt loads, and the most effective strategies people use to pay for their online graduate education. How Much Does a Master’s Degree Cost Online? Online master’s programs are often more affordable than their on-campus counterparts, but they are still expensive.  Total Program Cost: The average total cost for a fully online master’s program is about $27,930 per year. Assuming you attend a two-year program, that means your program will end up costing around $55,860 total.  Debt Load: The typical graduate student loan debt for master’s degree holders is around $54,000.  With that in mind, many online master’s degree students will have to explore different options for paying for school.  Top Ways to Pay for an O...