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1 A master's degree in occupational therapy typically costs $15,000-$70,000. 2  For example, Milligan College, a private college in Tennessee, offers the 79-credit master's degree in occupational therapy for $49,000. There are only a handful of accredited doctorate programs in occupational therapy, costing $43,000-$108,000 and typically taking 3-5 years to complete.
However, the actual figure depends largely on your field of study. The average masterâs degree holder will make an additional $180,010. For individuals with a masterâs in business or engineering, this number shoots up to around $375,000.hen planning your budget with the intention of pursuing a masterâs degree, itâs important to consider any additional expenses or discounts you might incur. Some universities, such as Princeton, will subsidize housing for graduate students; an apartment normally costing $1,600 per month might only cost $600 to $700.