CNBC list of colleges that bring the highest salaries

<p>Interesting to compare this with USNWR:</p>

<p>School (mid-career salary/starting salary/acceptance rate)</p>

<ol>
<li>Princeton ($137,000/$58,300/8,46%)</li>
<li>Harvey Mudd College ($135,000/$66,800/22.3%)</li>
<li>Caltech ($127,000/$67,400/12.8%)</li>
<li>USNA ($122,000/$72,200/7.5%)</li>
<li>USMA ($120,000/$76,000/10.6%)</li>
<li>MIT ($118,000/$68,400/9.7%)</li>
<li>Lehigh ($118,000/$56,900/33.4%)</li>
<li>Polytechnic Univ of New York University ($117,000/$56,800/68.2%)</li>
<li>Babson College ($117,000/$56,700/33.8%)</li>
<li>Stanford ($114,000/$58,200/7.1%)</li>
</ol>

<p>Some of this probably has to do with location and what grads major in. Harvey Mudd always comes up near the top.</p>

<p>But by starting salary for USNA does this mean first year salary before or after completing their tour of duty? Is 72K the salary for a young officer right out of the academy? That’s not too bad. But if so you would assume West Point and the Air Force academy wouuld also be up there.</p>

<p>Yes, it is interesting, but I don’t know anyone who would decide to go to them based on salaries. I guess it could be a point of pride for some of the less well-know ones. I don’t know anything about Babson, but it seems to me many of the others are heavy in tech/engineering, which does have higher starting salaries.</p>

<p>mamabear1234–I agree–all of these schools are heavy engineering/tech schools, of course they are going to top the list…along with location and high costs of living. Like I said on another thread, I would rather make $40K starting in Kansas then $50K starting in NYC, DC, Boston, etc.</p>

<p>Ha-ha, my son turned down Princeton, Mudd, and Caltech for MIT… But he’s not an engineering major. (Double math/physics major) I don’t think starting salary after graduating was even a blip on his radar screen when deciding on a college.</p>

<p>Bovertine - West Point is on there (USMA). I didn’t see Air Force Academy though. I’m guessing those salaries quoted for academy grads include the benefits such as housing etc.</p>

<p>Many folks graduating from Babson are entrepreneurial business folks. It is not surprising to me to see that school on this list.</p>

<p>Historically, at least, Babson also had a lot of kids whose first job after college was working for their fathers or uncles in the family conglomerate.</p>

<p>Worthless data without controlling for major, sex and location.</p>

<p>

Doh! Thanks.</p>

<p>“I’m guessing those salaries quoted for academy grads include the benefits such as housing etc.”</p>

<p>They must. I can’t believe that’s the cash starting pay. Starting JAG officers don’t make that much.</p>

<p>I’m not surprised that my son’s liberal commie hippy Ivy :wink: is not on the list, but what the heck happened to Harvard? Is this the only top-ten college list in the world that doesn’t include Haaavaaad?</p>

<p>Harvard has far fewer engineers per capita than Princeton and Stanford, which are the only universities on the list that have a similar profile.</p>

<p>I have never heard of Babson :)</p>

<p>This CNBC list was pulled from the new Payscale rankings for 2013 which are incredibly comprehensive - I like the filter feature for specific types of schools (LACs, Ivy League, Engineering etc.).</p>

<p>[Full</a> List of Schools - PayScale College Salary Report 2012-13](<a href=“http://www.payscale.com/college-salary-report-2013/full-list-of-schools]Full”>http://www.payscale.com/college-salary-report-2013/full-list-of-schools)</p>

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<p>Oh, that made me laugh hard. Really hard. </p>

<p>It was 22 years ago but Mr PMK’s salary as a 1stLT was $16,500. Yes, we got housing, health care, etc. but by no means were we even middle class at that point. To put it in perspective, Mr PMK was in the USMC for nearly 20 years before his salary alone was in the 70K range. </p>

<p>These days, <em>including</em> housing, healthcare, and salary, I would believe that West Point grads make about half of the 72K figure.</p>

<p>Here are the military pay tables: [Pay</a> Tables](<a href=“http://www.dfas.mil/militarymembers/payentitlements/militarypaytables.html]Pay”>Defense Finance and Accounting Service > MilitaryMembers > payentitlements)</p>

<p>I think the USNA/USMA numbers are for those entering the civilian world after their initial commitment is up. As a 2Lt in pilot training, the cash value of my pay and benefits (basic pay, housing, healthcare, flight pay, etc) was in the $45K range, if I remember right.</p>

<p>Hey Everybody:
It would be great if they could cross-reference this data with the new data that our state (Virginia) has just started putting together which lists starting salary by major along with the unemployment rate by major. The deceptive “Washington and Lee grads start out at 52,100” thus becomes: unless you major in English, in which case it’s 26,000 with a fifty percent unemployment rate.</p>

<p>The list really had me going until I saw they had Rice listed as a school “For Sports Fans.”</p>