<p>No, it is my understanding it is the average combined salaries of those students surveyed regardless of major. If you click the WSJ link in the OP, you will see that they also offer salaries by college major.</p>
<p>Hmm. Interesting, but don't get too excited about that first job or possible career outcomes. Even with this simple survey, just take look at the numbers for the Ivies over time, especially Harvard, Yale, Darthmouth and UPenn.</p>
<p>This is hardly a "simple survey". It was done on a grand scale.</p>
<p>"In the yearlong effort, PayScale Inc., an online provider of global compensation data, surveyed 1.2 million bachelor's degree graduates with a minimum of 10 years of work experience (with a median of 15.5 years). The subjects hailed from more than 300 U.S. schools ranging from state institutions to the Ivy League, and their incomes show that the subject you major in can have little to do with your long-term earning power."</p>