It’s interesting that the “rank college ACT” list in #46 and the Payscale ROI rankings have Caltech, HMC, and MIT in the top three positions.
http://www.payscale.com/college-roi/school-type/private
It’s routinely argued that ROI for tech schools is skewed because STEM majors make more money than grads at schools that have a broader selection of majors. Sure. Lots of people also believe that the Payscale data are flawed. Ok. And others argue that ACT (or SAT) scores aren’t always an indication of intelligence. Alright. The caveats can go on and on…
Nevertheless, I wonder if there really isn’t something meaningful in the ACT-ROI correlation at the very top. Seems like common sense that really smart kids that attend highly-ranked tech schools generally end up doing very well financially.