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In this brief, I show that master’s programs enroll a more diverse set of students than ever and offera more diverse set of program fields. Master’s programs are also increasingly online, with more than 50 percent of master’s students reporting at least some online coursework in 2015–16. Although master’sdegrees are more popular and more readily available to a wider cohort of students, the net price for these programs has risen. Net prices—the amount students pay after all grant aid—have risen faster formaster’s programs than for bachelor’s programs. But there may be some savings for students who enroll online; net prices for online-only master’s programs have risen slower than for in-person programs.