When shelling out money for college tuition, parents want to know they're spending their money wisely. Just because your kid gets a college degree, it doesn’t necessarily mean it will help them financially in the long run, but certain schools do have a better track record than others.
Wel,l PayScale analyzed salaries of graduates from thousands of colleges and universities across the U.S. and has now come out with a list of the Best Schools Based on Salary Potential, with the top schools having graduates with highest mid-career pay. Interestingly, the list makes a case for not investing in an Ivy League college.
Topping the list is Harvey Mudd College, a STEM-focused college based in Claremont, California, whose graduates go on to earn a mid-career salary of $158,200. As for Ivy League schools, there are none in the Top Five, with Harvard being the highest ranking, landing at six.
Top Ten Schools Based on Salary Potential
(mid-career salary)
- Harvey Mudd College ($158,200)
- Massachusetts Institute of Technology ($155,200)
- Samuel Merritt University ($156,100)
- U.S. Naval Academy ($152,800)
- California Institute of Technology ($151,600)
- Harvard University ($146,800)
- Stanford University ($145,200)
- Albany College of Pharmacy and Health Science ($144,800)
- U.S. Military Academy ($144,000)
- Webb Institute ($141,800)
Source:CBS News