Master's · North Andover, Massachusetts

Is Teacher Education and Professional Development, Specific Levels and Methods at Merrimack College worth it?

High confidence High confidence: 100+ graduates behind the earnings figures.

The verdict · all families, in-state, half paid with loans

Graduates typically don't earn back the cost within 20 years, compared with the no-degree baseline.

Earnings 1 year after graduating
$60,390
Treasury AY2020-21, AY2021-22 pooled earnings cohort measured in CY2022, CY2023, inflation adjusted to 2024 dollars
Earnings 4 years after graduating
$65,580
Treasury AY2017-2018, AY2018-2019 pooled earnings cohort measured in CY2022, CY2023, inflation adjusted to 2024 dollars
Typical federal debt at graduation
$30,917
NSLDS pooled AY2022-23, AY2023-24 cohort
Typical borrowing (no graduate net price is published)
$33k (likely $33k – $33k)
AcadYr 2024-25, reported in IPEDS DCY2025-26
Earnings bump, year 4
−$7k a year vs bachelor's graduates 4 years out in MA
2023 ACS 5-year pooled, adjusted to 2024 dollars
Payback
Not within 20 years in most scenarios
Bump vs net cost plus loan interest
10-year net return
−$273k (likely −$322k – −$236k)
Today's dollars
20-year net return
−$323k (likely −$410k – −$229k)
Today's dollars

Change income, residency or loans Compare Teacher Education and Professional Development, Specific Levels and Methods at other schools

Scorecard reports no net price for graduate programs; cost is based on what graduates typically borrowed.