Posted on 10/03/2012 5:18:39 AM PDT by SeekAndFind
Princeton University grads capitalize on their diploma more than any other school's alumni, a new study finds.
Research from PayScale.com revealed that Princeton alumni have the highest mid-career salaries at $137,000, with starting salaries averaging close to $57,000 a year.
As a whole, the top 10 highest earning schools' graduates make an average of $122,500 at mid-career, up nearly 5 percent over last year's top 10, the study found.
"Given that the economy isn't roaring back and student debt continues to spiral out of control, it is imperative that future college students educate themselves on the earnings they can expect after graduation," said Katie Bardaro, lead economist for PayScale.
Other schools in this year's Top 10 include:
The study found that the bottom 10 schools' alumni earn an average of $44,490 at mid-career, almost the same as a year ago.
"School choice impacts lifelong friendships, career opportunities and overall earning potential," said Barnaby Dorfman, GM of consumer business for PayScale
When examined by major, the research found that grads with petroleum-engineering degrees have the highest starting-salaries, at $98,000, and the highest mid-career salaries, at $163,000. Other degrees with high earning potential include aerospace engineering, actuarial mathematics and chemical engineering.
(Excerpt) Read more at livescience.com ...
122K for Naval Academy at mid-year? I don’t think so unless they are counting EVERYTHING possible under the sun to get that stat. And even then you make this at the bitter end....maybe. The only ones making this amount of money are 3 and 4 star Admirals which is hardly mid-career amounts. BTW, I work at the Naval Academy and was in the Navy 24 years so I do have that experience to speak from.
That’s mid life.
As they retire out of the service...they are very valuable. $122k would be on the low end.
“Earn the most...”? What is that? Code for crackers scooping up the few jobs that are around?
And I don’t see any medical schools listed. I wonder why?
Dang Squids edged us out.
Gosh, ya think?
On the other hand, aerospace engineering jobs are often based on government spending, so sometimes there are a lot and sometimes a few. When my mother was taking Real Estate training in California in the 70s, the classes were full of redundant aerospace employees riding out the crash. Petroleum engineering jobs are cyclical, too.
Lazy Writing
Listed through external references,
these are undergraduate numbers
Doctorate Numbers would look very different, I suspect
PhD, JD, MD, DO, DD etc.
Aren’t Princeton and the military academies on that list because so many of their grads work for the government, which pays better than the private sector?
One of the great scandals in this country is how employers over-over pay candidates who have a degree from an elite school.
I have a business contact whose wife works in a hospital. They hired a doctor from Harvard. She comes home every night in a panic telling of how all the interns and nurses are always running around trying to cover for his mistakes because “this guy’s an idiot and HE’S GONNA KILL SOMEONE!”
But the hospital brass will hear none of it, because he’s from HAAAAAVAHHHHHD.
One of my great regrets is that I did not borrow two arms and part of another leg to attend an elite school after getting accepted. I see how other grads of that school are treated in the job market. Their days of having to work for a living are essentially over. These employers see that on their resume, have their multiple orgasm, and then cut them a check.
“As they retire out of the service...they are very valuable.”
Amen to that. My first boss out of college was a retired USMC major. My last boss before I retired was a USNA graduate and former nuclear engineer on a Boomer. He is now head of engineering at the company and was probably the best boss I’ve ever had. That company, like many engineering companies, actively recruits “JMOs” - Junior Military Officers. The previous VP of engineering was a Marine and the next three men down the chain were Navy, Army Lt Col, Navy Lt.
[My current ‘boss’ is the wife of a former USMC Captain.... ;-) ]
Good men are hard to find and the service academies have vetted and preselected the best of the best. Harvard, Yale, etc. get the Clintons, Obama, etc.
Graduate at 21 or 22, put in 6 years or 20 and you’re 27-42 years old. Mid-career.
That was Harry Mudd.
Harvey Mudd is a small engineering school in Claremont, CA. Students at it can take classes at the other Claremont colleges (Pomona, Spitzer, Scrips, Claremont McKenna).
Nevermind...reading is fundamental...I am neither a Princeton or a Harvey Mudd grad as you could probably tell
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