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Colleges and Salary Potential

PayScale Inc., an online database for employee compensation information, recently released their 2008 College Salary Report. Rather than look only at starting salaries for graduates, as other ranking methodologies do, PayScale also tracks “mid-career” median salaries of graduates with 10 or more years of work experience. The data is sorted into a number of reports, including salary potential by school type, college majors associated with the highest compensation, popular jobs by school type, and popular schools and job type. The results do include familiar names, although many of the winners may not be household names. Here’s a summary of relevant findings:

* Top earning potential schools in California: Stanford University, California Institute of Technology, Harvey Mudd College, UC Berkeley, Occidental College, Cal Poly San Luis Obispo, UCLA, UC San Diego, Pomona College, USC, UC Davis, UC Irvine, San Jose State University, UC Santa Barbara, CSU Chico, CSU Fullerton, San Francisco State University, San Diego State University, CSU Long Beach, CSU East Bay

* Top earning potential private schools: Dartmouth College, Princeton University, Stanford University, MIT, Yale University, Harvard University, California Institute of Technology, Harvey Mudd College, University of Pennsylvania, University of Notre Dame, Polytechnic Institute of New York University, Cooper Union, Worcester Polytechnic Institute, University of Chicago, Carnegie Mellon University, Rensselaer Polytechnic Institute, Cornell University, Bucknell University, Rice University, Georgetown University

* Top earning potential public schools: UC Berkeley, Colorado School of Mines, Georgia Institute of Technology, University of Virginia, Cal Poly San Luis Obispo, UCLA, UC San Diego, UC Davis, University of Colorado Boulder, UC Irvine, Case Western Reserve University, University of Illinois at Urbana-Champaign, Texas A&M University, SUNY Binghamton, Missouri University of Science and Technology, San Jose State University, Virginia Tech, UC Santa Barbara, University of Maryland College Park, University of Texas Austin

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