UConn grads rake in the bills
It’s my money and I need it now
When UConn students graduate, they can expect at least a $51,900 salary out the gate.
Well, not exactly. According to PayScale.com – which provides the “largest salary database in the world,” as touted on their website – $51,900 is the median starting salary for UConn graduates, so experiences obviously vary.
The median mid-career (after ten years) salary for UConn students is $89,100.
UConn is 161st out of United States institutions of higher education in the category of graduate salary, according to PayScale.
Somewhat surprisingly, Ivy league schools like Harvard, Princeton, Stanford, and Yale are not number one.
The number one ranking belongs to SUNY Maritime College, which owns a median salary of $65,200 for early career pay and $134,000 for mid-career pay. By comparison, Harvard University, which placed third on the list, has a median early career pay and mid-career pay of $61,400 and $126,000, respectively.
Some other seemingly random schools in PayScale’s top 10 are Harvey Mudd College, the U.S. Naval Academy, Babson College, and Stevens Institute of Technology.
The study noticed many of the highest schools on this list would not be expected to be in their position, and attempts to explain why.
“You might assume that the highest earners in the country come from well-known Ivy League Schools like Harvard or Princeton, but the truth is, the highest median alumni salaries come from students who attended small colleges with strong engineering programs.”
Still, liberal arts educations can make just as much money, the study argues, but it may mean more time and studying to do so (i.e. grad school).
PayScale says their data comes from “millions of people” who took their survey saying how much money they’d made after graduation.
Since PayScale conducted its study based on median income, rather than average income, results can wildly vary. One UConn grad could make $104,000 upon graduation, while another could make $0 (me, probably).
Disclaimer: some people don’t attend college because of money (shout out to my English and journalism homies).