New England Colleges With The Highest Paid Grads
Friday, June 28, 2013
Two Rhode Island schools rank among the top 25 in New England based on salaries of recent graduates. Brown University came in at #10 on www.CollegeMeasures.org’s list of colleges with the highest median starting pay for graduates, the lowest of the four New England-area Ivy League schools. Smithfield’s Bryant University also cracked the top 20 in New England, coming in at #18. Maine was the only New England state without a college/university in the top 25, while Rhode Island and Vermont could each claim two. Massachusetts tops the list with 12 while second place Connecticut hosts 7.
CollegeMeasures.org is a website comitted to helping students make well-informed choices by providing a wealth of statistics on nearly every college and university in the United States. The site allows users to sort colleges by state, region, performance statistics such as graduation rates or financial statistics like cost of attrition.
“By making available key data, which is otherwise underexposed and underutilized, we enable users to make smarter decisions, and in doing so help create a more efficient, productive and effective higher education system,” according to the site’s Facebook page.
GET THE LATEST BREAKING NEWS HERE -- SIGN UP FOR GOLOCAL FREE DAILY EBLASTThe site’s ranking of the top 25 colleges in New England by virtue of the median starting salary for graduates is just one of more than 20 ways to rank, examine and list schools across the country. Rather unsurprisingly, Massachusetts Institute of Technology (MIT) holds the top ranking, with a median starting salary of nearly $70,000. CollegeMeasures.org also accounts for the cost per degree, which is a measure of spending on direct educational costs per degree (in contrast to cost per student enrolled); education and related expenses (for all students) are divided by all degrees awarded in the same year. Each schools' average annual student loan payment and ratio of student loan payments to earnings, are among other data sets.
Recently, GoLocalProv contributor Cristiana Quinn wrote on which college majors offered the highest paying jobs following graduation. As she noted, engineering and computer science dominated the top 10 choice majors. It should come as no surprise, therefore, that the top two schools on CollegeMeasures’ list are schools with world renowned technological and engineering programs (MIT and WPI).
The slideshow below lists the top 25 colleges in New England, both private and public, by order of highest paying median salary after graduation, according to CollegeMeasures.org.
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