Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
College and University Discussion
Reply to "OUTCOME"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous][quote=Anonymous]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[/quote] Engineers tend to make about 2X as much as non-engineers through early to mid-career. So the mix of majors massively skews the results. That can be seen in Georgia Tech. Georgia Tech average is $88K, which is higher than Harvard and higher than Berkeley and significantly higher than UVA, or Michigan But that can be misleading from a comparative standpoint because of the very high percentage of engineering majors at Georgia Tech. This explains a large part of overall differences between schools, [b]so you need to compare schools major to major[/b]. Another example is that NC State has about the same income as UNC Chapel Hill. UNC is often cited as a top public, but it does not have engineering. But in a major for major comparison, UNC will likely be higher. There is a Georgetown CEW study that sought to correct for this with the value add adjusted for majors. Another thing that skews the numbers is the cost of living where graduates tend to settle. There are massive cost of living differences by geography. Santa Clara is higher than Duke on the list above. But it sits right in the middle of one of the most expensive areas in the country. The cost of living is sky high. (Duke graduates may also be likely to settle in high cost areas like NYC.). The cost of living in Santa Clara (Silicon Valley) is 64.2% higher than Austin, TX. How then do you compare Santa Clara ($93,291) to UT Austin ($67,839)? (And Dallas and Houston are also much lower cost of living that Silicon Valley.) A UT graduate living in Austin makine $68K is doing better than a Santa Clara graduate living in Santa Clara making $93K once you adjust for inflation. This is one of the reasons for a large exodus of businesses and workers from California to Texas. Workers in California do not believe they will be able to afford a house there despite salaries that look very high. The same is true for areas like NYC. [/quote] The other thing to consider is that you should not just expect income or ROI along the lines of the college scorecard just by attending the institution. If you attend Penn and study Sociology, you cannot expect to have the same early career earnings as a Wharton graduate. Likewise, if you are a Penn Sociology graduate and move to Columbus, OH, you should not expect the same outcome as a Wharton graduate who locates in NYC. [/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics