OUTCOME
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Anonymous
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https://collegescorecard.ed.gov/
The Obama administration initiated this effort with the Department of Education due to so much bullshit in college business. Rich people can skew the income data a lot with all kinds of advantages. Many of the so-called elite schools have a big portion of these rich people. The data is collected via IRS and loan servicing companies for students who had any sort of federal aid - grant, loans, etc. Hence it covers most of the low income to middle class real people, and eliminates much of the rich people effect. It's median income for ten-year-out from the beginning of college. Of course no ranking or information is perfect and you shouldn't make a decision based on one factor, but this should be important information unless you are a rich trust fund kid. Students don't necessarily stay in the area of the school they attended, but you can also consider COL(I don't think it's reflected in the data) and other factors. If you are determined to go law school, medical school or grad school right after, then it's probably less important. Some of the schools are highly tech oriented and some are very specialized. I looked at mostly T100 schools, there could be errors, then please make correctiond. 1 CalTech: $112,166 2 MIT: $111,222 3 UPenn: $103,246 4 CMU: $99,998 5 Stevens IT: $98,159 6 Stanford: $97,798 7 Georgetown: $96,375 8 Princeton: $95,689 9 Lehigh: $95,033 10 RPI: $93,456 11 Santa Clara: $93,291 12 Duke: $93,115 13 BC: $93,021 14 Dartmouth: $91,627 15 Cornell: $91,176 16 Villanova: $90,613 17 Colorado S.Mines $90,060 18 Columbia: $89,871 19 Worcester: $89,405 20 ND: $88,962 21 Yale: $88,655 22 GIT: $88,196 23 Harvard: $84,918 24 USC: $83,426 25 WashU: $82,732 26 JH: $83,287 27 George Washington: $80,606 28 UCB: $80,364 29 NJIT: $80,043 30 Northwestern: $80,033 31 Vanderbilt: $79,872 32 Northeastern: $79,786 33 Brown: $78,943 34 CaseW: $78,330 35 Rice: $77,683 36 UVA: $77,048 37 UChicago: $76,730 38 NYU: $76,040 39 UMich: $75,842 40 BU: $75,642 41 WF: $74,968 42vU San Diego: $74,816 43 UCSD: $74,771 44 Fordham: $74578 45 UCLA: $73744 46 VA Tech: $73159 47 Binghamton: $72980 48 Marquette$72,489 49 Connecticut: $72,460 50 Emory: $72,364 T50 schools didn't make T50 for salary UIUC: $71539 Brandeis: $70,327 UCD: $69766 URochester: $68,335 UTAustin: $67,839 Tufts: $67,122 UCSB: $66.491 Wisconsin Madison: $65,213 W&M $6,4723 UF: $64,463 UNC: $61,915 UGeorgia: $59,769 Tulane: $56,999 Ohio: $55,332 |
Anonymous
| Interesting that GWU is not even a top 50 school yet is number 27 on the list. |
Anonymous
Because many GWU grads stay in DC or go to NYC, high COL areas. This isn't hard to understand. |
Anonymous
| How are they calculating in fulfillment and job satisfaction? Oh wait. |
Anonymous
| So how does this work. I went to GW but then law school. Assume it will look at my lawyer salary or will I be excluded because GW is not my terminal degree? |
Anonymous
And the same is true in reverse. Shockingly, small-town Georgia and Wisconsin residents who return to their hometowns make less than they would in DC. May have a better quality of life, though, and it has nothing to do with the outcomes for DMV students who attend those schools. |
Anonymous
This is mainly an issue of where grads tend to live, the number of high early earning majors like engineering there are, and whether earnings are delayed by graduate school. For some schools the proportion of students coming from wealthy well-connected families also really influences the average--they are set up for success regardless of their school. It makes no sense to generically rank on this criteria IMO--I think the info is good to have about schools but too much of it is about irrelevant factors to make the rankings make sense. I would rather compare major to major adjusted for COL, but I know that's too much to ask. |
Anonymous
If you graduated from college in 4 years and after that also graduated from law schools in 3 years, then it looked at your lawyer salary into 3 years of your practice. |
Anonymous
Ok but I am making money from my law degree not my GW degree. |
Anonymous
Most people need to make a living first and foremost. Many of these salaries are terrible. |
Anonymous
As in the OP's post, it eliminates wealthy effect to a certain level. The site actually has figures by majors or areas of study. |
Anonymous
Start a separate thread with rankings for that, then. |
Anonymous
That's a very subjective area, but reward contributes to fulfillment and job satisfaction. You can use the data/information however you need. |
Anonymous
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Also the methodology is skewed downwards for medical careers and colleges that excel in premed (Harvard brown etc) since your 3-yr post-MD salary as a resident physician is likely $50k for multiple years until training is fully over. So that lowers the average earnings. A better dataset would take 20-year earnings or similar and then compare.
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Anonymous
Do you have actual data for your speculation like the percentage of students admitted to medical schools comparing to schools like Duke Stanford Princeton? |