Junior here. Weighing starting salaries pretty heavy because, let's face it, that's why we're doing all this, right? So, I'm curious--which colleges tend to see their graduates making the most money right after college? Thanks for the help!
While it's essential to consider various factors when choosing a college, pay attention to the earning potential of graduates if that's a key priority for you. Schools that are frequently recognized for high post-graduation starting salaries often have strong programs in fields such as STEM, business, or economics where high-paying jobs are more common.
Let's start with Ivy League schools such as Harvard, Princeton, and Yale, which are known for producing high-earning graduates. The median salary for Harvard grads in the early career stage is around $82,000, according to reports.
MIT and Caltech, renowned for their strong STEM programs, also yield high earning graduates. For instance, MIT grads earn a median early career salary of approximately $97,300, while Caltech grads earn around $139,000.
Stanford University, particularly notable for its proximity to Silicon Valley and robust entrepreneurial ecosystem, has a median early career pay of around $98,900.
The University of Pennsylvania, particularly its Wharton School of Business, is also worth considering for business-focused students.
However, remember that these figures can significantly vary depending on majors. For example, computer science and engineering grads tend to have higher starting salaries compared to those in humanities or social sciences. Additionally, geography plays a role as well; salaries tend to be higher in areas with a high cost of living.
Lastly, keep in mind that salary is not the only metric to consider when choosing a school. You should also consider factors like academic strength, cultural fit, and overall cost, among other things. It's about finding a balance that works for you personally.
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