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The 34 US colleges: with the highest-paid graduates, ranked
Former MIT students had the highest median earnings four years after graduation, according to Department of Education data.Marcio Silva/Getty ImagesCollege degrees can shape recent graduates' early-career outlooks.The US Department of Education measures median incomes of federal aid recipients after graduation.Graduates from MIT and Caltech had median earnings of over $150,000 four years after graduation.Tuition costs keep rising, recent graduates face an uncertain job market, and many families question how much a college degree is really worth.There are parts of the college experience that are hard to quantify, from building a network to learning how to think critically and. live independently.There's one thing, however, that can help put the financial value of a college degree into perspective: how much money you earn once you have it.Each year, the Department of Education publishes data on college costs, student debt, completion rates, and earnings outcomes for students who received Title IV federal aid, about 13 million students annually, including federal grants, student loans, or work-study programs.The College Scorecard, the department's public database, lists the median annual earnings for former students four years after completing their degrees at each school.The data, like most measures used in college rankings, has its limitations. The College Scorecard's median earnings metric only measures the annual earnings of former students who received federal aid, were earning income, and were not enrolled in. another institution at the four-year mark.Still, the data can help paint a picture of how a college degree can shape early-career earnings for some recent graduates. Factors like majors and geography can also affect how much graduates can potentially earn. Graduates entering high-paying fields such as computer science, engineering, or healthcare may earn more early in their careers than those pursuing different academic fields.Location can also play an important role, since salaries tend to be higher in areas with higher costs of. living and expensive labor markets such as New York, Los Angeles, Boston, and the Bay Area.Using College Scorecard data, Business Insider ranked US colleges and universities that grant bachelor's degrees based on the median annual earnings of former students four years after graduation. The ranking includes traditional colleges and universities as well as specialized institutions, focused on fields such as health sciences or nursing.We highlighted each school's location and some of the top fields its students pursue, as reported by Niche and US News & World Report. Overwhelmingly, the science, healthcare, and engineering fields dominated the list, while economics, business, and some humanities and social science fields also appear throughout.See which 34 schools across the US ranked highest for median earnings four years after graduation.33. (tie) Claremont McKenna CollegeKatherine Carey/ShutterstockLocation: Claremont, CaliforniaTop majors: Economics and political scienceMedian earnings: $111,00033. (tie) Rush UniversityPamela Brick/ShutterstockLocation: ChicagoTop majors: Health servicesMedian earnings: $111,00032. Dartmouth CollegeJon Bilous/ShutterstockLocation: Hanover, New HampshireTop majors: Computer science, economics, and political scienceMedian earnings: $112,00026. (tie) Charles R. Drew University of Medicine and Sciencehalbergman/Getty ImagesLocation: Los AngelesTop majors: Biomedical sciences, nursing, and radiologyMedian earnings: $113,00026. (tie) Stevens Institute of TechnologySteve Rosenbach/Getty ImagesLocation: Hoboken, New JerseyTop majors: Computer science and mechanical engineeringMedian earnings: $113,00026. (tie) Yale Universityf11photo/ShutterstockLocation: New Haven, ConnecticutTop majors: Biomedical sciences, computer science, economics, mathematics, political scienceMedian earnings: $113,00026. (tie) Albany College of Pharmacy and Health SciencesPaul Buckowski/Albany Times Union via Getty ImagesLocation: Albany, New YorkTop majors: Pharmaceutical sciencesMedian earnings: $113,00026. (tie) Maine Maritime Academytravelview/Getty ImagesLocation: Castine, MaineTop majors: Business logistics, marine engineering, marine science, and naval architectureMedian earnings: $113,00026. (tie) Cornell Universityarlutz73/Getty ImagesLocation: Ithaca, New YorkTop majors: Biomedical sciences, business management and marketing, computer science, and engineeringMedian earnings: $113,00025. Mount Sinai Phillips School of NursingAmeer Mussard-Afcari/ShutterstockLocation: New York CityTop majors: NursingMedian earnings: $114,00024. California Intercontinental UniversityPatman Droneography/ShutterstockLocation: Sioux Falls, South DakotaTop majors: Business administration, healthcare management, and information technologyMedian earnings: $115,00021. (tie) Columbia Universityhapabapa/Getty ImagesLocation: New York CityTop majors: Computer science, economics, and political scienceMedian earnings: $116,00021. (tie) Duke UniversityCRobertson/Getty ImagesLocation: Durham, North CarolinaTop majors: Biology, biomedical engineering, computer science, economics, and public policy studiesMedian earnings: $116,00021. (tie) Golden Gate UniversityDJSinop/ShutterstockLocation: San FranciscoTop majors: Business administrationMedian earnings: $116,00019. (tie) Helene Fuld College of NursingChrisBoswell/Getty Images/iStockphotoLocation: New York CityTop majors: NursingMedian earnings: $117,00019. (tie) Johns Hopkins UniversityUmerPK/Getty ImagesLocation: BaltimoreTop majors: Biomedical engineering, cellular and molecular biology, computer science, and neuroscienceMedian earnings: $117,00018. Babson CollegeYingna Cai/ShutterstockLocation: Wellesley, MassachusettsTop majors: Business administration and entrepreneurshipMedian earnings: $118,00016. (tie) Georgia Institute of TechnologyAneese/Getty ImagesLocation: AtlantaTop majors: Computer science and engineeringMedian earnings: $119,00016. (tie) University of North Texas Health Science CenterPhilip Lange/ShutterstockLocation: Fort Worth, TexasTop majors: Health administration, medical and biomedical sciences, osteopathic medicine, and public healthMedian earnings: $119,00014. (tie) Georgetown UniversityMichelle Brittain/Getty ImagesLocation: Washington, DCTop majors: Biological and biomedical sciences, business administration, finance, international relations, and political scienceMedian earnings: $120,00014. (tie) American University of Health Sciencestrekandshoot/ShutterstockLocation: Signal Hill, CaliforniaTop majors: Nursing and pharmaceutical sciencesMedian earnings: $120,00012. (tie) John Patrick University of Health and Applied SciencesAaron Yoder/ShutterstockLocation: South Bend, IndianaTop majors: Medical imaging, medical physics, and radiologyMedian earnings: $122,00012. (tie) Touro University NevadaKit Leong/ShutterstockLocation: Henderson, NevadaTop majors: Healthcare professions, nursing, and osteopathic medicineMedian earnings: $122,00011. University of Pennsylvaniaf11photo/Getty Images/iStockphotoLocation: PhiladelphiaTop majors: Biological and biomedical sciences, business management and marketing, and social sciencesMedian earnings: $125,00010. Franklin W. Olin College of Engineeringquiggyt4/ShutterstockLocation: Needham, MassachusettsTop majors: Electrical and mechanical engineeringMedian earnings: $127,0009. University of ChicagoJacob Boomsma/Getty ImagesLocation: ChicagoTop majors: Biological sciences, computer science, economics, and mathematicsMedian earnings: $128,0008. University of Health Sciences and Pharmacy in St. LouisPerry Spring/Getty ImagesLocation: St. LouisTop majors: Pharmaceutical sciencesMedian earnings: $132,0007. Carnegie Mellon UniversityMindaugas Dulinskas/Getty Images/iStockphotoLocation: PittsburghTop majors: Business administration, computer science, and electrical engineeringMedian earnings: $133,0006. Harvard UniversitySteve Rosenbach/Getty ImagesLocation: Cambridge, MassachusettsTop majors: Biological and biomedical sciences, mathematics, social sciences, and statisticsMedian earnings: $135,0004. (tie) Stanford UniversityMattGush/Getty ImagesLocation: Stanford, CaliforniaTop majors: Computer science, engineering, and social sciencesMedian earnings: $137,0004. (tie) Harvey Mudd CollegeJim Brown/Getty ImagesLocation: Claremont, CaliforniaTop majors: Engineering, computer science, mathematicsMedian earnings: $137,0003. Samuel Merritt UniversityJacob Boomsma/ShutterstockLocation: Oakland, CaliforniaTop majors: NursingMedian earnings: $148,0002. California Institute of TechnologyJHVEPhoto/ShutterstockLocation: Pasadena, CaliforniaTop majors: Computer science, mechanical engineering, and physicsMedian earnings: $153,0001. Massachusetts Institute of TechnologyMarcio Silva/Getty ImagesLocation: Cambridge, MassachusettsTop majors: Computer science and engineeringMedian earnings: $162,000Read the original article on Business Insider
