Where to go to college if you want the highest starting salary
It's not where you think it is. Or maybe it is.
Hint: Mammas, Let Your Babies Grow Up to Be Engineers
Where to go to college if you want the highest starting salary
By Roberto A. Ferdman September 11 at 7:00 AM
If starting salaries were the sole measure of elite universities, U.S. News's most recent college rankings would look very different.
Princeton, Harvard, Yale, and Columbia, the country's top four universities by U.S. News's measure, for one, wouldn't crack the top 10, or 20, or even 30. And the University of Chicago, which tied for fourth place, wouldn't even make it into the top 200.
The top of the list would instead be reserved for elite military and tech schools, which send graduates out into the workforce with some of the country's highest early-career salaries, according to a new report by PayScale, which collected salary data from nearly 1.5 million employees with degrees from over 1,000 different colleges.
Graduates of the United States Naval Academy at Annapolis earn a median annual salary of more than $80,000 over their first five years, the most of any school included in PayScale's report; graduates of Harvey Mudd, a liberal arts college that specializes in mathematics and the physical sciences, earn just under $76,000, the second most; graduates of the United States Military Academy at West Point, earn just over $75,000, the third most; graduates of the California Institute of Technology earn just under $75,000, the fourth most; and graduates of the Massachusetts Institute of Technology earn just over $70,000, the fifth most.
The difference between the USNA and the USMA is surely due to additional pay for not living on shore.