Reply to Universities Ranked By Earnings Data: CS Graduates

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[quote=Anonymous]The data is not perfect, but at least it is impartial coming from the government database.  There are many factors to take into account when reviewing:

1.  What %age of graduates are actually working in the CS field vs. working for a hedge fund or some other higher-paying profession;
2.  How many graduates are working in higher cost of living / higher salary areas...Boston, NYC, SFO will pay higher salaries for the same job vs. a U Michigan graduate that stays in MI...even the same company will pay differently based on location;
3.  How many graduates are working for start-ups that will pay lower salaries but offer stock and other incentives...that likely pulls down the median for MIT, Stanford, etc.  I bet someone that started at Google in 1997 likely had just an OK salary by 2002 but possibly stock options worth $10MM+...not sure that is captured in any of this data

Now, you may argue that the value of the top schools is the optionality...however, there has never been a study showing that an MIT grad working for Google in Boston makes more than a UMD grad working for Google in Boston in the identical role.  That doesn't happen.[/quote]

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