Reply to Highly recommend looking at New College Scorecard

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]The new College Scorecard data is very interesting, especially the median salary info based on majors right out of school. The info for small schools is sparse, though for big state schools it’s super helpful. For instance the highest paid major at UVA is Computer & Information Science (median salary = 85,600) and the lowest provided is Biology (27,400). Highest at Michigan is also Computer & Information Science (86,900) and lowest is Ecology (19,200). UNC’s top paying major is Business Administration (71,800) and lowest is Romance Languages (19,800). Some majors aren’t provided because there are not enough students who took out federal loans who studied them.

https://collegescorecard.ed.gov

[/quote]

I really don't like using median salary out of school for anything because some majors are straight to grad school so stipend only and there are systematic differences in the trajectory of different majors.  Engineering starts high but tops out quick unless you combine with business skills in management.  Humanities often lead to law so is low initially and then high and may have big increase if make partner etc.  I think it's good for people to think about the intersection of their interests combined with the lifelong trajectory of likely careers when picking a major but you need to look at the appropriate suite of data points.[/quote]

Median salary for a college is pretty meaningless.  If you are interested in salary, you should look at salaries in the same major when comparing schools.  The mix of majors has a huge impact on overall median salary.  If you had two schools with only two majors, Major A and Major B, with Major A having 2X the starting salary of Major B, the school with a higher percentage of Major A grads will have higher salaries even if the salaries of students at the two schools in the two majors is the same.  [/quote]

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