Education administrators have the capacity to change the world, one student at a time. Perhaps you’re currently considering a Master’s Degree in Education Administration as an option. You’ll find the door is wide open to choosing this path for your career, because the opportunities are abundant. Allow Noodle to guide you if you’re still in the decision-making stage.
If you work in the education administration field, you will be able to set the tone for the school you oversee. You’ll not only impact the students, but also the other professionals you work with. If you’re a natural leader, you will shine in this field.
Your potential paths as an education administrator are numerous, also. You could become a principal, department chair at a university, dean of students, or more. Some options depend on your level of experience and expertise, but a large portion is also a matter of personal choice. Some people prefer to work with a diverse student body, from preschool all the way to college-aged. Depending on your location, the choices can be plentiful.
It’s a great calling and obtaining a Master’s in Education Administration will move you forward in pursuit of becoming an education administrator in a school or university. But what will achieving this milestone mean for your finances? Will the salary be sufficient? This article will explore salary expectations for educational administrators with a master’s degree.
Master's in Education Administration earnings potential 101
Many who seek a Master’s in Education Administration may be teachers looking to move into a different phase of their career. Therefore, the popularity of online classes makes sense, given that these individuals are likely to be employed.
You can expect about two years of full-time study to obtain your Master’s in Education Administration, depending on the specific college. The cost of such a program will vary depending on whether you’re paying in-state tuition or not. But typically, you can expect the cost to be somewhere between $10,000-$35,000 in total, according to a US News and World Report.
Even at the lower end of the spectrum, you’re still looking at a lot of money. Will your return on investment be adequate? No one wants to work a job only for the salary, but it is an important factor to consider. It’s a major commitment, both financially and otherwise, to obtain a master’s degree. Naturally, you want to make sure it is worth all the effort you will put into it.
You may be involved in numerous roles with a Master’s Degree in Education Administration. See some examples of Master’s in Education Administration roles with median salary below:
Preschool Director According to Payscale, the average salary for a preschool director is $39,334 annually. It may be lower pay than some of the other options because a Master’s Degree in Education Administration isn’t a standard requirement. It’s also notable that having more experience in this field doesn’t necessarily correlate with higher salary.
Although this is not a particularly high-paying job, there may be other benefits that can’t be correlated with salary. Perhaps you’ve always wanted to lead a preschool to be successful. It may be the ideal position for you, depending on what you enjoy doing.
Assistant Principal Payscale estimates the median salary for assistant principals to be $70,916. This will definitely vary with location, but provides a rough guideline of what to expect. A Master’s of Education Administration makes you an ideal candidate for a position like this, especially if you have previous experience as a teacher.
Many assistant principals also enjoy bonuses, which add value to the job. You would also typically qualify for additional benefits, such as health insurance.
Becoming an assistant principal may be great experience if you’d like to eventually be principal. You may end up changing to a different school later, and you’ll know what it’s like to be in the leadership role.
Principal School principals in 2017 earned a median pay of $94,390 per year, according to the Bureau of Labor and Statistics (BLS). This pay may be adequate to make your master’s degree seem like a worthy investment, especially if you experience high job satisfaction.
Jobs as a school principal are also enjoying growth right now. They are expected to grow by 8%, according to a report from the BLS.
If you’re a school principal, you may receive other compensation besides your salary, such as bonuses. You will also be likely to have full benefits in addition to your salary.
School District Superintendent Once you have adequate experience, you may have the opportunity to become a school district superintendent. A Master’s Degree in Education Administration can be a great benefit in opening the door to such a career for you.
School district superintendents can expect to earn a median income of $114,890, according to Payscale. Of course this will differ according to location, but that is a rough estimate. It’s also notable that a majority of individuals in this line of employment enjoy what they’re doing. Being pleased with your job is something you can’t put a price on.
University Dean Perhaps university dean seems like a great fit for you. As a dean at a university, you could have responsibilities that involve a specific set of students as well as faculty. If you enjoy the college atmosphere, it may be exactly what you’re looking for. It is certainly a possibility when you have your Master’s Degree in Education Administration. In this job, a typical median salary would be $100,671, according to Payscale.
The possibility also exists to be an assistant university dean, and the median pay for that would be $67,641. You may find this more obtainable if you’re just breaking into the field. It may also open the door to a future job as a university dean, instead of an assistant. Your Master’s Degree in Education Administration would make you a standout for this position.
Factors that will influence your salary
Even if you already have your Master’s of Education Administration, other issues will impact the salary you’re able to earn. Of course, level of experience will play a role, although it doesn’t impact all jobs in the same way. In the position of preschool director, for example, a Payscale report noted that more experience didn’t necessarily translate into higher salaries.
However, that is likely the exception. With a Master’s Degree in Education Administration, as with most degrees, appropriate experience can lead to greater pay. Many who choose to enter this field may already be teachers who desire to advance their career. Once you have established your competence as a leader, you should expect a higher salary potential.
Another primary factor that affects salary in the education administration field is location. According an article by Capterra, the highest-paying states to work as an education administrator are New Jersey, Connecticut, New York, California, and Alaska. On the opposite end of the spectrum, the lowest-paying states for school administrators are West Virginia, North Carolina, Oklahoma, Mississippi, and Louisiana.
However, other issues play a role in these numbers. The cost of living is significantly different in some states, so the salaries will need to compensate for that. So it’s really important to do your research before planning a cross-country move to obtain a higher salary.
Another aspect that will impact your salary, which is related to location, is the demand for education administrators in your particular area. In more populated states, they have more schools. The need for education administrators may be greater, although the pool of candidates to fill those positions may be larger also.
When the demand is high and the qualified candidates are low, it seems likely that salary would be increased for entry level candidates. Although that is only true as far as the school’s budget allows for them to offer the higher pay. Some schools are strapped and simply can’t afford to offer pay that is suitable for the role of education administrator.
If you live in a rural area, and desire to stay there, you will likely find that your options for salary as an education administrator are significantly less than in the city. However, many people put a high value on serving the rural areas in our country, and wouldn’t trade living in the city for any amount of money.
Salary breakdown across the United States
If you’d like more specific details regarding salaries in different states, please note the information below. Various states are listed along with salary information for education administrators in that area:
California On average education administrators in California should expect to earn $109,210 annually. This makes them one of the higher-paying states, although the cost of living is high in California.
Texas According to the BLS, education administrators in Texas should expect to earn a mean annual wage of $83,960. Of course, with Texas being so large, pay may vary depending on the region where you’re employed.
Florida The BLS ranks Florida as relatively higher paying for education administrators with a mean annual wage of $94,430.
Illinois If you’re an education administrator in Illinois, the average annual salary is $83,420.
Massachusetts Education administrators in Massachusetts typically earn an average annual salary of $87,000.
New York New York is one of the higher-paying states for education administrators. You can expect to earn an average annual salary of $102,370 when employed there.
Louisiana Unfortunately, Louisiana is one of the lower-paying states for education administrators. An average annual salary would be $68,650. However, their cost-of-living is less than average in Louisiana, which certainly has an impact.
Alaska Perhaps you already live in Alaska, or would like to. You can expect an average annual salary to be $86,590 there.
Connecticut If the tiny state of Connecticut is your home, your employment as an education administrator should earn you an average annual income of $98,720. That ranks higher than average, according to the BLS.
Washington For an education administrator living in the state of Washington, your average annual salary should be $77,760.
North Dakota If you live in North Dakota and are employed as an education administrator, your average annual salary would be $70,610, according to the BLS.
As your career continues to develop, you may find this salary information for those with a Master’s in Education Administration to be useful. Although certainly individual experiences can differ from the average salary, it’s good to have some general data.
Only you can make the final decision about what career to pursue, and whether a Master’s Degree in Education Administration is the right choice for your career goals. It’s certainly a unique field where qualified professionals are greatly needed. If you choose to pursue a career in this field, you will likely find that vast benefits exist in addition to the salary.
Northeastern University. Retrieved on June 19, 2018 at https://www.northeastern.edu/graduate/blog/careers-in-education-administration/
US News and World Report. Retrieved on June 19, 2018 at https://www.usnews.com/education/online-education/education-leadership-administration-masters-degree
Bureau of Labor and Statistics. Retrieved on June 19, 2018 at https://www.bls.gov/ooh/management/elementary-middle-and-high-school-principals.htm.
Noodle.com. Retrieved on June 19, 2018 at https://teach.noodle.com/school-administration-career
Payscale. Retrieved on June 19, 2018 at https://www.payscale.com/research/US/Job=Director%2C_Preschool/Salary
Payscale. Retrieved on June 19, 2018 at https://www.payscale.com/research/US/Degree=Master_of_Education_(MEd)%2c_Educational_Administration/Salary
Payscale. Retrieved on June 19, 2018 at https://www.payscale.com/research/US/Job=Assistant_Principal/Salary
Payscale. Retrieved on June 19, 2018 at https://www.payscale.com/research/US/Job=School_Superintendent/Salary
Payscale. Retrieved on June 19, 2018 at https://www.payscale.com/research/US/Job=Dean_of_Students_(University)/Salary
Payscale. Retrieved on June 19, 2018 at https://www.payscale.com/research/US/Job=Assistant_Dean_of_Students_(University)/Salary
Capterra School Administration Blog. Retrieved on June 19, 2018 at https://blog.capterra.com/school-administrator-salaries-how-much-should-you-be-making/
Bureau of Labor and Statistics. Retrieved on June 19, 2018 at https://www.bls.gov/oes/current/oes119039.htm
Sperling’s Best Places. Retrieved on June 19, 2018 at https://www.bestplaces.net/cost_of_living/state/louisiana