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slides: New England Colleges With The Highest-Paid Grads

Thursday, June 27, 2013

 

Two Worcester-area colleges rank among the top 25 in New England based on salaries of recent graduates, according to CollegeMeasures.com, an online college data resource. Worcester Polytechnic Institute (WPI) came in at #2 on http://www.CollegeMeasures.org’s list of colleges with the highest median starting pay for graduates, while the College of the Holy Cross came in at #22. Massachusetts hosts nearly half of the top-25 schools (12), five more than second-place Connecticut.

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.

The 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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