U.S. News & World Report’s 2017 Best Graduate Schools Rankings

Almost 1 million people are expected to earn graduate degrees this school year, and for many of them it will be worth the late nights of studying.

Full-time, year-round adult workers with a master’s degree earned, on average, $88,477 in 2012, just over $18,000 more than the average worker with a bachelor’s degree, according to the U.S. Census Bureau. Workers with professional degrees, such as lawyers and doctors, made almost $89,000 more, on average, than those with bachelor’s degrees.

What to study and how much to pay for school can vary depending on a prospective student’s career interests, finances and location. Soon-to-be graduate students can look to the U.S. News Best Graduate Schools rankings, released today, for help with finding the right program for them.

The 2017 edition of the rankings includes admissions information for those aspiring to study law, business, medicine, education, engineering and nursing. For the first time, U.S. News has two separate rankings of nursing schools for master’s and Doctor of Nursing Practice programs.

Graduate schools in the six disciplines are evaluated on criteria such as grade-point averages of incoming students, acceptance rates and employment outcomes of graduates. The rankings methodology varies across disciplines to account for differences in each graduate program. The nursing school rankings, for example, take into account the percentage of faculty members still actively working in hospitals and other medical settings, while business schools are evaluated in part by how corporate recruiters rate MBA programs.

[Video: Is graduate school worth it?]

Business: Harvard Business School landed at No. 1 for MBA programs, taking the spot previously held by Stanford University’s Graduate School of Business, which tied for second with the Booth School of Business at the University of Chicago. Yale University’s School of Management climbed up five spots from last —> Read More