It is only useful at misleading if you don't look at what the data means. Say there are two universities, A and B, and two majors 1 and 2. At University A, 80% of students are major 1 and make $75K and 20% are major 2 and make $50K. At University B, 20% of students are major 1 and make $100K and 80% are major 2 and make $60K. The average graduate at University A will make more due to the mix of majors, but the graduate at University B in a given major will make more than the equivalent graduate at University A. |
😳 |
Harvey Mudd has been sliding even with USNews. They used to be T10 in liberal arts - some 10 or more years ago. It’s now in mid-20 with other run-of-the mill above-average liberal arts schools. |
CaPoly that is part of the Cal state system is underrated compared to Mudd or CalTech. And its under $10,000 per year. |
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Harvey Mudd technical graduates are in extremely high demand and earn top salaries. |
Harvey Mudd, the engineering, math, and science school, used to be top 10 in...liberal arts? Pretty impressive since they don't offer majors in English, History, Philosophy, Sociology, Languages, Economics, Political Science, Music... https://www.hmc.edu/academics/majors-at-harvey-mudd/ Also, your comment has nothing to do with Long Beach State being ranked ahead of Harvey Mudd. |
And so do CaPoly technical grads. |
Not as high. In California it is only behind Stanford. https://cew.georgetown.edu/cew-reports/collegeroi/ |
CaPoly is below Mudd. However, California State system, of which CalPoly is part, also has California State University Maritime Academy. Its ROI is better than Mudd, short term, although it evens out 40 years out. |
They are very expensive private schools that do not educate low income kids or really contribute to social mobility. This methodology dings your school for low contributions to social mobility (see: Harvard). Cheaper state schools that graduate high numbers of Pell recipients AND put them into high earning careers really are making America great. The UC and CalPoly systems really are educational gems that provide tremendous value and ROI. And they pipeline kids directly into high paying careers. |
I didn’t see where cal state Long Beach is ranked. You can’t compare Mudd with CalState Long Beach. You have to compare with STEM focused schools. And the Cal State system has its maritime academy that is just below Stanford - and ahead of Mudd and CalTech. And to think the cal State system has no pretension of educating the elites of the nation makes it all the more remarkable. It serves primarily blue collar residents of the state. It’s for Caltech, Mudd, UCBerkeley, UCLA, UC riverside rejects. |
But it sounds like the CalState and CalPoly kids may be getting the last laugh. They are getting a quality education at rock bottom prices with minimal student loans and then going on to well-paying professional careers. They probably won't work at Goldman Sachs, but then again the vast majority of Ivy League kids paying $70K per year never go into banking and make that huge money. I'm from Long Beach. CalState LB graduates a lot of CPAs who make really good money 10 years out of school. And they paid peanuts for their degree. |
I agree with this description. It shows the importance of a state's investment in higher education and how it's a virtuous circle: invest in education & ensure low debt loads -> produce lots of high quality workers -> attract competitive companies -> high salaries & high consumer spending -> solid tax base -> reinvest in education. The circle goes around and around. |
Looking at the Forbes data, the early career salary for Harvey Mudd is $162,500. For Long Beach State, it's $104,200. That $58k difference year after year adds up. |