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Revealed Employer Preferences in T50(ish) Colleges

Datasets Used

US Department of Education College Scorecard Dataset 2019-2020

Niche (Reference Point)

Methodology

A set of schools given an A+ ranking in Academics on Niche. This is a bit subjective but the 49 research universities and 29 liberal arts colleges. From reported 2021 post-graduation income using the DoE Scorecard for each school, by major - then comparing that income with the national average income for the major. Each was indexed and ranked by a premium  taken from the averaged difference between all majors and the national averages by college.

Divided colleges in to five groups:

Very-High Premium Schools (+$30,000 Starting Salary Premium)

Harvey Mudd

CalTech

MIT

UPenn

Stanford

Harvard

While it's interesting only 3 of the 5 HYPSM schools made it on here, given the intense connections to Wall Street and Silicon Valley at these schools and relatively weaker grad school prep culture than say - Princeton, the degree premium is a bit less surprising considering the likelihood these schools have stronger network effects in the private sector than their peers.

High Premium Schools (+$15,000 Starting Salary Premium)

Dartmouth

Duke

Johns Hopkins

CMU

Yale

Claremont McKenna

Georgetown

UChicago

Columbia

Northwestern

Vanderbilt

Princeton

Rice

Cornell

UC Berkeley

NYU

Much of the T20 here so no real surprises. NYU's strengths in its business and journalism department + wage inflation for high numbers of graduates residing in New York may inflate it's graduation premium.

Moderate Premium Schools (+$10,000 Starting Salary Premium)

Washington & Lee

Bowdoin

Georgia Tech

Northeastern

Notre Dame

Pomona

Amherst

Villanova

USC

Emory

Williams

Swarthmore

Barnard

Colgate

Wake Forest

Middlebury

UVA

Tufts

WashU St. Louis

Wellesley

Elite LAC's and big private research universities that either lower end T20's that lack "breakout" programs or are part of Boston's "magnificent seven". Also a few top public colleges. This zone seems to represent the premium placed on research university degrees compared to equivalent liberal arts schools as well as either top schools with poor career services or just-below-top schools significant institutional clout.

Low Premium Schools (+$0 Starting Salary Premium)

Trinity (Texas)

Bucknell

Wesleyan

Brandeis

Lehigh

UMichigan

UT Austin

Colby

Brown

UCLA

Davidson

URochester

UW Madison

Haverford

Case Western

Bates

UNC Chapel Hill

Bryn Mawr

UIUC

UC San Diego

Hamilton

URichmond

UMiami

UFlorida

William & Mary

Kenyon

UGeorgia

Vassar

Public Colleges and Liberal Arts Colleges continue to get depressed premiums on the market compared to their private school peers. The only major outlier is Brown, which may be due to a mix of student culture and more interest in liberal arts style education.

Disutility Colleges (Less than $0 Starting Salary Premium)

Tulane

Macalester

Carleton

Grinnell

Smith

Colorado[/quote]

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