Obtaining a college degree is widely regarded as an excellent entry into a well-paying career.
While studying STEM subjects tends to improve expected salary expectations, there is also a noticeable tendency among some private colleges to boast of earning potential.
Stuart Muller, director of personalized advice for higher education at business modelers Emsi Burning Glass, assessed the data from each institution in this study by “quantifying the average salaries of all alumni in our professional profiles data.”
This involved attributing income to the Occupational Employment And Wages Statistics (OESW) program of the United States Bureau of Labor Statistics, responsible for producing annual salary estimates for approximately 800 careers.
The researchers used the national median salary by occupation, only showing universities with more than 1,000 profiles in Emsi’s database, while smaller art schools were excluded from the study.
Muller said News week: âUsing the national average wage from the OEWS, we try to quantify the results based on the quality of the professional role achieved by graduates rather than the details of any wages they may earn, that is. say based on the type of job obtained, not the financial situation. specifics of their hiring. “
He added: âAn important advantage of these assumptions is that they effectively allow us to assess institutional outcomes for a somewhat idealized world where an individual’s gender, race, ethnicity or location does not exist. ‘have no impact on the quality of his work and his salary (with the important caveat that although this method controls how these factors may affect an individual salary, it cannot control how demographics affected the programs in which individuals enroll and therefore the occupations in which they are likely to find employment). “
Here are the private colleges on the East Coast whose graduates make the most money, according to this latest analysis.
25. University of Rochester ($ 96,443)
The University of Rochester is an elite, mid-size East Coast research college based in New York City.
Popular majors at this university, with an 87 percent graduation rate, include nursing, biology, and computer science.
24. University of Miami ($ 96,890)
The University of Miami is a private research college based in Coral Gables, Florida.
The most popular majors taken at this institution include nursing, finance, and psychology.
23. Brandeis University ($ 97,288)
Founded in 1948, Brandeis University is an elite private research college based in Waltham, Massachusetts.
Popular majors at this east coast university, where 87% of students are said to graduate, include economics, biology, and business.
22. Yeshiva University ($ 99,258)
Yeshiva is a highly rated private research college with four New York-based campuses.
The most popular majors taken at this small educational institution include religious studies, biology, and accounting.
21. Wake Forest University ($ 99,260)
Wake Forest is a private research college in Winston-Salem, North Carolina, founded in 1834.
The popular majors at this institution, which graduate 88 percent of students, include economics, communications, and psychology.
20. Boston College ($ 99,431)
Founded in 1863, Boston College is an elite private college located in Newton, Massachusetts.
Popular majors at this east coast college with a competitive admission rate include economics, psychology, and finance.
19. University of Villanova ($ 99,874)
Founded in 1842, Villanova is a private college located in Villanova, Pennsylvania.
Popular majors at this east coast university, which is said to have graduated about 90 percent of students, include finance, nursing, and communications.
18. Columbia University ($ 100,345)
Columbia University is a private Ivy League research college recognized as New York’s oldest institution of higher education
Popular majors selected by the roughly 6,000 undergraduate students include economics, computer science, political science, and government.
17. Tufts University ($ 100,677)
Tufts is a mid-sized liberal arts and research university based on the border of Medford and Somerville, Massachusetts.
The most popular majors at this east coast college include computer science, economics, and biology.
16. Emory University ($ 100,738)
Founded in 1836, Emory University is a private Methodist-based research college based in Atlanta.
Admissions are considered full at this mid-sized institution, where Business, Nursing, and Biology are the most popular majors.
15. Carnegie Mellon University ($ 101,008)
Carnegie Mellon University is one of the top 25 academic research institutions located in Pittsburgh, Pennsylvania.
The elite college writes on its site: âCarnegie Mellon encourages students to think outside of the box, to choose their program and to change the world.
14. Stevens Institute of Technology ($ 101,031)
Stevens Institute of Technology is a private research college in Hoboken, New Jersey, and established in 1870.
Popular majors at this university, which is said to have graduated 85 percent of its students, include mechanical engineering, business, and computer science.
13. Johns Hopkins University ($ 101,157)
Johns Hopkins University is a private research university in Baltimore, Maryland, founded in 1876.
Alumni of this prestigious institution of higher education include former New York Mayor Mike Bloomberg, 28th US President Woodrow Wilson and philosopher John Dewey.
12. Worcester Polytechnic Institute ($ 101,878)
The Worcester Polytechnic Institute is a private research university in Massachusetts that focuses on technical arts and applied sciences.
The college states on its site: âWPI graduates receive some of the highest starting salaries of their peers, attend prestigious graduate schools, and advance to leadership positions and high income brackets during their lifetimes. “
11. Brown University ($ 102, $ 135)
Founded in 1764, Brown is an elite private Ivy League research college based in Providence, Rhode Island.
Popular majors to take at this mid-sized educational institution, where 96% of students are said to graduate, include computer science, biology, and economics.
10. Rensselaer Polytechnic Institute ($ 102,960)
RPI is a popular mid-sized private college located in Troy, New York, in the Albany area.
Popular majors at the Rensselaer Polytechnic include computer science, mechanical engineering, and chemical engineering, and 85 percent of students are said to have graduated.
9. Cornell University ($ 103,441)
Cornell University is a large, extremely prestigious private college in Ithaca, New York, founded in 1865 by Ezra Cornell and Andrew Dickson White.
Notable Cornell alumni include former U.S. Supreme Court Associate Justice Ruth Bader Ginsburg, comedian Bill Maher, and novelist Professor Toni Morrison.
8. Lehigh University ($ 103,864)
Founded in 1865, Lehigh is a private research college based in Bethlehem, Pennsylvania.
Popular majors at Lehigh, which are said to have graduated about 90 percent of students, include finance, mechanical engineering, and computer science.
7. Dartmouth College ($ 106,212)
Founded in 1769, Dartmouth is an elite East Coast Ivy League private research university located in Hanover, New Hampshire.
Accepting only about 4,400 undergraduates, admission to the institution, where 96 percent would graduate, is highly competitive.
6. Yale University ($ 106,414)
Yale is a private Ivy League university and liberal arts college located in New Haven, Connecticut.
The most popular majors at this prestigious educational institution include economics, political science, government, and history.
5. Duke University ($ 106,935)
Founded in 1838, Duke University is a private research college that moved to Durham, North Carolina, in 1892.
Notable alumni of this elite midsize institution include billionaire businessman David Rubenstein, US Senator Rand Paul and US philanthropist Melinda French Gates.
4. University of Pennsylvania ($ 107,275)
Founded in 1740 by Benjamin Frankli, the University of Pennsylvania is an elite Ivy League college in Philadelphia with a tradition of translating knowledge into social action.
Popular majors at this educational institution that is said to have graduated 96 percent of its students include finance, management science and information systems, and philosophy.
3. Princeton University ($ 107,833)
Founded in 1746, Princeton University is a private Ivy League research university that is one of nine colonial colleges established before the American Revolution.
The New Jersey-based midsize institution’s popular majors include computer science, economics, and public policy analysis.
2. Harvard University ($ 108,086)
Harvard University is a private Ivy League university in Cambridge, Massachusetts, widely regarded as one of the most distinguished in the world.
Some of Harvard’s most famous alumni include the 35th President of the United States John F. Kennedy, Facebook founder Mark Zuckerberg and American astrophysicist Neil deGrasse Tyson.
1. Massachusetts Institute of Technology ($ 108,900)
Founded in 1861, the Massachusetts Institute of Technology is one of the most prestigious educational institutions on the planet.
Among the most notable alumni of this private university are former UN Secretary General Kofi Annan, former Israeli Prime Minister Benjamin Netanyahu and Moon Buzz Aldrin’s second man.