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Kent Elliott Elliott: “You have the master’s graduates with higher expectations because they’ve spent $40,000 to $70,000 a year getting their degree.”

NEWPORT BEACH, CA—According to a recent survey from national real estate recuiting firm RETS Associates, the existing wage gap between those with a master’s degree and those with a bachelor’s degree has grown by 50% in the top MSAs nationwide. In its 5th Annual Survey of Real Estate Financial Analysts, RETS, in association with Charles Schilke, JD, CRE, FRICS of the Colvin Institute of Real Estate Development at the University of Maryland, polled more than 230 financial analysts with up to seven years of experience from across the nation on their salary, education, willingness to relocate and more. In both the Pacific Northwest and Northeast regions, respondents who hold master’s degrees have experienced a 15% increase in median annual base salary compared to 2015. In Texas and California, data reveals a 3% increase and 11% increase, respectively.

Carrie Rossenfeld

Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.

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