Top 10 colleges to attend if you want to make a lot of money: CNBC

Submitted for your reading pleasure as just another college list, and nothing more!

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Interesting - didn’t see the pharmacy schools on here that usually top the list.

Bentley is always a great choice but it’s more selective cousin Babson is not on here. Great outcomes for the b-school students.

I wonder how many of these kids live in higher cost areas?

But you know we talk about six figure salaries at graduation - and we are looking at more than 50% of kids at 32 years old at Gtown, for example, not making six figures and everyone is hoping to make it big.

Of course, the medians include all majors and not just the high powered majors. But always interesting to me to see studies like this.

Unfortunately, these 50% of these 32 year olds aren’t making enough to start growing toward a prosperous future!!! Not in 2023 anyway.

Thanks for posting.

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I didn’t read the list…is there a plumbing school on there?

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Yeah – major/vocation and cost of living are obvious drivers.

Both are largely selected by the student, though career centers can help to an extent.

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This is a horrible article. It implies that the college name is the driving force in the earnings, even though while looking at the list, it’s obvious that distribution of majors, selectivity of student body, and other student variables are key drivers. They also do not list the root source of the earnings list (CollegeScorecard) and limitations with that source. They also list an incorrect average net cost of Princeton (listed as $9,835) due to seemingly not understanding these limitations.

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My thoughts exactly.

“Just go to this school and you’ll be rich!” Clickbait students want to read.

Um, not really. Ok, not at all. Other factors mean so much more.

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Here’s how silly that list is.

My son graduated from a state university in 2022.

He’s in a profession that only requires a high school diploma.

In 2024 he’ll make between Harvey Mudd and MIT 10 year money.

In year 10 the government will wipe all of his college debt clean.

He has a pension AND a deferred compensation plan with a decent match.

Additionally, if he retires in his fifties the job will pay him a monthly stipend equal to his social security until he actually gets social security.

Why would someone pay $80k+ for college?

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Sounds like a job worth doing…can you message me what it is?

No surprise with top three being highly selective engineering schools. As always salaries seems to be way way too low. Maybe old data was used.

I have never heard of Bentley and have been researching schools for a year and obsessively reading CC and lists.

Why would you not name the profession?

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Fine business focused school outside of Boston. Great outcome. Babson is somewhat similar but higher rated.

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I think some schools are pushing 90k these days — eg nyu.
Curious what the profession is …

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@AnonMomof2 @neela1 He is in law enforcement.

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Bentley is known and is in the Boston area. My son’s good friend goes there. It is a private university focused on business, accountancy, and finance. So perhaps no big surprise that graduates earn a good living. With 3000+ universities and colleges in the country, there are bound to be some we haven’t heard of.

CC members are not obligated to tell others the professions of their children. Maybe @GKUnion wants to maintain privacy.

The title of this article could be better. Maybe Some of the Colleges Whose Students Will Probably Earn a lot of Money after Graduating?

Nothing beats this list, from the US government. Many of colleges from the original link are not on this list at all. Who here has heard of Samuel Merritt University? It’s blowing most of the others out of the water. It has a 96% graduation rate and its median salary ($123,966) is beaten only by Franklin Olin ($132,969). MIT and GTown lag behind, considerably. I didn’t compare Yale, et al., because their earnings were much lower than any of the schools in this link, and I could only compare ten at a time.

This list has many of the same players as the original link, but I am guessing most people wouldn’t think of SUNY Maritime as being in the top ten. Yet there it is:

As ever, rankings lists are skewed by many factors.

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“Bentley is known and is in the Boston area“

Of course there are colleges people have never heard of. I never see the university my husband teaches at mentioned on here and I am sure that most have never heard of it, but it is also not on any special lists, except maybe a list of colleges nobody has ever heard of.

CC members can ask and members can choose to share or not, or is there a rule against asking certain questions? (Serious question, if there is a list of questions I am not allowed to ask then I should review that). And the poster did choose to answer, which I appreciated as I never would have thought of it.

This list seems rather pointless though as it is more the career path you choose that determines your salary rather than the college you go to.

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There’s no rule.

I agree that it’s largely to do with professions. There will be grads of Harvard who become social workers (and good for them!) They aren’t making a lot of money, clearly.

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I know people with outcomes like that who work for the state university system in my state. Congratulations to him, whatever he’s doing.

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Is it the college or the major? There are some common denominators among the schools on the list: all the schools have either top technical programs, top business schools, or are double threats with top technical and business programs (MIT, Stanford, CMU, etc.); they all have strong alumni networks in high paying industries (tech and finance); and many of them have incubators to monetize research. If you attended MIT and studied sociology you would likely not be earning $111,222 ten years after graduation (unless, of course, you pivoted and entered a profession that is not related to the undergrad major).

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It’s the major and the student’s goal in life. A college that attracts students who want to join the Peace Corps or work at Teach for America for a few years prior to entering a non high paying, but highly desirable to them career is not going to make one of these lists even if other students are earning larger paychecks.

It’s easy to argue which college is doing more for the world.

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