I have my master’s in higher education administration, and if I could do it over again I would probably get a Masters in Social work or Public Administration because they are a bit more transferable outside of Higher ed.

It’s hard to say whether you would be paid more as an administrator at a Community college or an academic advisor, it will depend on your level within the institution and how they pay. Usually you can find salary information at least on public schools by checking out their human resources offices.

I would recommend limiting the number of loans you take out for your master’s so that your salary out of grad school is less of an issue. Higher ed is not a high paying field until you are in higher level positions.