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Payscale.com recently released their rankings on what they consider to be the best colleges to attend. Their rankings are based on which colleges and degrees end up paying off the most for graduates.
Their salary survey, completed by 1.2 million users on the PayScale.com website over the last year, determines the average salary a college graduate should expect to receive both beginning and mid-career by college, major, and location. The overall goal of the survey is to help determine which undergraduate educations are the best investment, allowing prospective students (and their parents) to be able to figure the Return On Investment of going to college.
It may come as no surprise as to what colleges the highest paid first-year grads are coming from: Ivy League Colleges and Engineering (Tech) Schools.
Highest Starting Salary by College
| College |
Salary |
| 1. Samuel Merritt University |
$91,600 |
| 2. Harvey Mudd College |
$88,000 |
| 3. Charles R Drew University of Medicine and Science |
$87,900 |
| 4. California Institute of Technology |
$87,300 |
| 5. Massachusetts Institute of Technology |
$86,800 |
| 6. Franklin W Olin College of Engineering |
$84,800 |
| 7. United States Military Academy |
$83,500 |
| 8. United States Naval Academy |
$83,500 |
| 9. United States Merchant Marine Academy |
$81,400 |
| 10. Stanford University |
$80,900 |
| 11. Webb Institute |
$79,700 |
| 12. Albany College of Pharmacy and Health Sciences |
$79,000 |
| 13. United States Air Force Academy |
$76,000 |
| 14. Carnegie Mellon University |
$75,500 |
| 15. Harvard University |
$75,300 |
| 16. Stevens Institute of Technology |
$74,900 |
| 17. SUNY Maritime College |
$74,800 |
| 17. Colorado School of Mines |
$74,800 |
| 19. Rose-Hulman Institute of Technology |
$74,600 |
| 20. Princeton University |
$74,500 |
| 21. Worchester Polytechnic Institute |
$73,200 |
| 22. University of Pennsylvania |
$72,900 |
| 23. Yale University |
$72,300 |
| 24. Georgia Institute of Technology-Main Campus |
$71,800 |
| 25. Rensselear Polytechnic Institute |
$71,200 |
Highest Mid-Career Median Salary by College
| College |
Salary |
| 1. Stanford University |
$156,700 |
| 2. Massachusetts Institute of Technology |
$156,500 |
| 3. Harvey Mudd College |
$154,700 |
| 4. United States Naval Academy |
$154,100 |
| 5. Harvard University |
$151,600 |
| 6. United States Military Academy |
$151,200 |
| 7. California Institute of Technology |
$150,800 |
| 8. SUNY Maritime College |
$150,400 |
| 9. Princeton University |
$147,800 |
| 10. Dartmouth College |
$147,500 |
| 11. Yale University |
$146,300 |
| 12. Babson College |
$145,500 |
| 11. University of Pennsylvania |
$145,200 |
| 14. Santa Clara University |
$143,100 |
| 15. Albany College of Pharmacy and Health Sciences |
$143,000 |
| 16. United States Air Force Academy |
$142,900 |
| 17. Duke University |
$142,800 |
| 18. Stevens Institute of Technology |
$142,400 |
| 19. Webb Institute |
$141,900 |
| 20. Franklin W Olin College of Engineering |
$141,500 |
| 21. United States Merchant Marine Academy |
$141,300 |
| 22. Colorado School of Mines |
$141,100 |
| 23. Williams College |
$140,900 |
| 24. University of California-Berkley |
$140,100 |
| 25. Georgetown University |
$140,000 |
Note: The data considers those whose education went no further than a bachelor’s level degree. Physicians, lawyers and others with advanced degrees were not included in the data. College data provided by campusgrotto.com.
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