To thrive in the current education market that demands high tuition fees, students borrowing money from the banks is rather a norm than an exception. But, often the perceived value of their degree won't meet their expectation once they graduate. Often, they become the victims of underemployment with a meagre salary.
But, according to the newly compiled list by PayScale.com, the graduates of following schools are paid highest in the nation. So, if you manage to get into one of these schools, says the website, then you need not worry about your bank debts anymore.
The list is topped by the Ivy League Institution Princeton University whose graduates apparently receive a starting salary of $58,300 and a mid career salaries of $137,000 with 49 percent of graduates with high job meaning. It is immediately followed by West coast's Harvey Mudd College known for its liberal arts courses. The graduates of Harvey Mudd receive salaries starting from $66,800 which may go up to $135,000 by their mid careers. The percentage with high meaning is also more than Princeton with 59 percent.
Following are the Top 10 schools under the list-
Schools | Starting Salaries | Mid-career Salaries | Percentage with High Job Meaning |
1. Princeton University | $58,300 | $137,000 | 49 percent |
2. Harvey Mudd College | $66,800 | $135,000 | 59 percent |
3. California Institute of Technology | $67,400 | $127,000 | 58 percent |
4. United States Naval Academy (USNA) at Annapolis | $72,200 | $122,000 | Not enough data |
5. United States Military Academy (USMA) at West Point | $76,000 | $120,000 | Not enough data |
6. Massachusetts Institute of Technology | $68,400 | $118,000 | 55 percent |
6. Lehigh University | $56,900 | $118,000 | 51 percent |
8. Polytechnic Institute of New York University (NYU-Poly) | $56,800 | $117,000 | 58 percent |
8. Babson College | $56,700 | $117,000 | 36 percent |
10. Stanford University | $58,200 | $114,000 | 59 percent |
For complete list- https://www.payscale.com/college-salary-report-2013/full-list-of-schools