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[quote=Anonymous][quote=Anonymous]
Northwestern is severely overrated and over-hyped.

It's econ students are obviously behind business students from NYU, Georgetown, Cornell, Notre Dame, UVA, Berkeley, etc. etc.

Still waiting for numbers for Econ graduates vs Business graduates from T25 schools.

[/quote]

https://collegescorecard.ed.gov/

Then why didn't you provide the numbers?

The point of the thread was to compare opportunities at #25 UVA McIntire with opportunities at slightly higher ranked schools without business.  Here are US News ranks and College Scorecard salaries:

#11  Northwestern
        All:                             $80,033
        Economics                   $85,909
        Managerial Economics:  NA

#12  Dartmouth
        All:                             $91,627
        Economics                   $98,252

#13  Brown
        All:                             $78,943
        Economics:                  $78,949
        Entrepreneurship:        $91,029

#18  Columbia
        All:                              $89,871
        Economics:                   $87,202

#25  UVA
        All:                               $77,048
        Economics:                   $71,811
        Business (McIntire)        $95,939

At most schools, Economics majors make about the same or slightly more than the average graduate.  But UVA requires admission to McIntire, so their economics students are below average, and their business students are above average.  Unfortunately, Northwestern does not provide salaries for their Managerial Economics track.  But Brown Entrepreneurship and Small Business majors make distinctly more than Economics majors. Again, there is a selection effect.  Harvard Economics majors make $100K.  But if your unqualified kid somehow snuck into Harvard, then he would probably make less.

There are also geographic effects.  Many Northwestern students take jobs in the midwest, where salaries and cost of living are lower.  Columbia students take jobs in NYC, where salaries and cost of living are higher.

For the sake of discussion, I'll assume that financial aid packages equalize the cost of college, and assume no geographical preference.  Given the noise, I don't see a lot of difference in these numbers.  Yale Economics graduates make "only" $91K compared to McIntire's $96K.  Does that mean your kid should turn down Yale?  I don't think so!

Again, I think the opportunities outside business are important.  If you might go to graduate school, then your undergrad major is less important.  Obviously geography makes a difference, living in NYC vs. Charlottesville.  Finally, cost could be a major consideration.  These factors overwhelm the minor differences in starting salaries.[/quote]

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