Money Magazine's New Ranking Best Colleges etc.

<p>^ Payscale does not take into account those who went to Medical, Law, or Graduate School, and UT has higher numbers for all three than A&M. Before drawing any conclusions, it would be nice to have some statistics regarding the two with those with post-grad degrees included.</p>

<p>It’s also possible that UT has more graduates going into fields that require a high level of education, but don’t pay all that well, like academia, public service, and the arts. Who’s more successful, the governor of Texas or the president of the largest bank in Texas?</p>

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<p>That is a good question - but it is strange that in this case it is backwards (the higher paying one went to UT, and the lower paying one in public service went to A&M and both had only Bachelors degrees). I doubt that graduate degree rates would change the relative ordering of these schools much but I couldn’t find it published, perhaps it is already included in one of the oft-quoted payscale reports.</p>

<p>The Governor of course is from A&M
The president of the largest bank headquarted in Texas (comerica) is a UT grad (their CEO is from University of Missouri) according to linkedin.</p>

<p>JP Morgan is the largest bank operating in Texas (rather than headquartered), but as might be guessed, their CEO is Harvard MBA.</p>

<p>What do you call a fifth year Aggie? </p>

<p>Boss! </p>

<p>By the way, the former President of Citibank Texas was a female graduate of TAMU without a Masters. </p>

<p>What’s Babson? Never heard of it…</p>

<p>@SeattleTW‌: Babson’s a business school. Highly regarded for entrepreneurship. </p>

<p>@SeattleTW Babson campus is pretty, small college, suburban Boston, kind-of reminded me of a rich fancy prep High School in a wealthy suburb - at least when walking through after visiting Olin last year (which is adjacent - and also interesting). Wellesley is also nearby but I have not visited that.</p>

<p>Babson’s student body definitely does trend towards the well-off.</p>

<p>@BrownParent</p>

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<p>As it turns out, the methodology is somewhat complex. Here is a summary to facilitate understanding/discussion:</p>

<p>Early Career Pay (Payscale) 19.8%
—1/3 Straight Data
—1/3 Adjusted for Major (Groupings: Humanities, Visual and Perform Arts,
—Behavioral and Social Sciences, STEM, Education, Business, Other)
—1/3 Adjusted for Value Add (Relative to SAT Scores & Pell Grants)</p>

<p>Graduation Rate 16.5%
—1/2 Straight Data
—1/2 Adjusted for Value Add</p>

<p>Net Price 13.2%
—In-State Price minus average (non-government) aid. Includes need, merit & athletic.
—Multiplied by average years to graduate. </p>

<p>Borrowing 13.2%
—1/2 Student Borrowing
—1/2 Parent Borrowing</p>

<p>Mid Career Pay (Payscale) 9.9%
—1/3 Straight Data
—1/3 Adjusted for Major
—1/3 Adjusted for Value Add</p>

<p>Loan Default Rate 6.6%
—1/2 Student Default Rate
—1/2 Student Default Rate Adjusted for Value Add </p>

<p>Admissions Yield 6.6%</p>

<p>Standardized Test Scores 5%</p>

<p>Student to Faculty Ratio 3.3%</p>

<p>Student to Career Services Ratio 3.3%</p>

<p>Teaching (Rate My Professors) 1.7% (Easiness & Hotness filtered out)</p>