<p>Ivy-Leaguers'-Big-Edge-Starting-Pay:</a> Personal Finance News from Yahoo! Finance</p>
<p>I was surprised the CC people haven't picked up on this already.</p>
<p>Well, let the debate ensue.</p>
<p>Personally, I'm not sure if this doesn't say anything we don't already know - and besides, haven't people found evidence that students who got into top schools (Ivy League or otherwise) but still go to their state school end up just as well-off later on in life?</p>
<p>Haha I knew I couldn't have been the first one to break this.</p>
<p>Ivy League graduates tend to choose positions where they are managing or offering advice? More like they are chosen for those positions. </p>
<p>These studies are very misleading because they don't point out the difficulty in attaining such positions. Engineers may have the lowest salaries mid-life, but they also have no problem securing great jobs upon graduation. The market is less saturated with them. Furthermore, as was mentioned on another post, those Ivy League graduates earn $120K living in the Northeast where the cost of living is high are probably not doing as well as those graduates making $70K or $80K living in the South. Also, if young engineers starting with very high salaries budget properly they can have a significant advantage in building wealth through investments. Still, I guess it can never hurt to graduate from an Ivy League in the end, lol.</p>
<p>Engineers DO NOT have the lowest mid career salary. From the article:</p>
<p>Top five mid career salaries:
Chemical Engineering
Computer Engineering
Electrical Engineering
Aerospace Engineering
Economics</p>
<p>Top five 75th percentile salaries:
Economics
Chemical Engineering
Computer Engineering
Physics
Industrial Engineering</p>
<p>Now, the top 90th percentile is a different story:
Economics
Finance
Chemical Engineering
Math
Physics</p>