Online MHA Programs Ranked by Affordability (2023-2024)

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Student loan debt is reaching epic proportions. In fact, media organizations like CBS and Forbes are calling it a debt crisis. About 92 percent of all student debt is from federal student loans, totaling more than $1.75 trillion in the United States (Forbes Jul 2023). Yet to advance their careers and increase income, professionals are called upon to have advanced degrees in their field. This creates a need for more affordable master’s degrees.

In addition, professionals will want to seek out degrees where growth opportunities exist, the job market is expanding, and salaries are attractive. Enter online MHA programs. According to the Bureau of Labor and Statistics (BLS 2023) data, medical and health services managers earn a median annual salary of $104,830 per year ($50.40 per hour). Media annual wages were highest in hospitals ($125,280), government industries ($119,100), and outpatient care centers ($101,890), with physicians’ offices, and nursing and residential care facilities falling below $100,000.

 
Jobs in the market for medical and health managers are exploding, and are expected to increase 28 percent nationally between 2022 and 2032, with the addition of 144,700 jobs (BLS 2023). Healthcare administrators typically have at least a bachelor’s degree, but master’s degrees are becoming increasingly common for these positions. As such, in this article, we cover online MHA programs ranked by affordability from 2023 to 2024.

These rankings are based on tuition data MHAOnline.com collected in mid-2023 from over 300 online MHA programs and closely related graduate degrees. Tuition information is as current as possible, taken from the 2022-2023 or 2023-2024 school years as published by each school.

Sara Navratil
Sara Navratil
Writer

Sara Navratil is a freelance writer and a Certified Canfield Success Principles Trainer. She's the owner of Sara Liza Life, a company dedicated to helping people rewrite their lives. She enjoys researching and writing about healthcare-related topics, including information on online MHA programs. When not working she likes to read, bake, and spend time with her family.

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