Here’s the No. 1 College for Average Americans That Has the Highest Starting Salary Among Graduates | Entrepreneur (2023)

American universities continue to rank among the most revered academic institutions across the world. The industry-oriented curriculum and sophisticated academic infrastructures in these institutions generate some of the highest-paid graduates. It’s logical to compare the median salary of graduates in the first place before delving into other particulars.

According to the National Association of Colleges and Employers, the average starting salary of recent college graduates was $55,260. So, it makes sense to settle for something above the national average, right?

International students in the US shell out around $99,417 throughout their degree courses. For American students, this value might be marginally less. Graduating from one of the esteemed institutions in the US brings you the prospect of bagging a lucrative salary package. Naturally, you would wonder which college or university can deliver you the true value for your money.

Top colleges in the US based on graduates’ salaries

Let’s take a look at some of the leading colleges in the US specializing in different streams. We have shortlisted only those institutions that recorded above-the-average graduate salaries.

1. Massachusetts Institute of Technology (MIT)

Fresh graduates from MIT have an impressive median salary of around $76,900. This institute specializes in STEM subjects. The QS World University Rankings reveal that MIT continues to be one of the top international institutes offering quality education in Engineering and Technology. Besides, it emerged as the topmost global university as per the QS World University Rankings 2023.

Studying at MIT requires students to shell out a sizable fee, and that’s well-justified by the superior academic infrastructure and salary packages graduates enjoy. The acceptance rate of this institution is just 4%. Well, that tells a lot about the maturity students need to qualify for a berth here.

Besides, MIT regularly hosts events such as the Polymer Day, a European career fair, and an analytics career fair. Students here have an 88% chance of completing their graduation in 4 years. The student-faculty ratio looks very healthy at 3:1. 70% of the classes at MIT have fewer than 20 students.

31% of the students at MIT graduate with Computer Science. The average starting salary of these students is $104,600. 11% and 9% of the students graduate with mechanical engineering and mathematics. Their average starting salaries are $80,400 and $82,900, respectively.

2. Princeton University

The median starting salary at this leading Ivy League University in the US is $66,700. The versatility of its academic infrastructure makes it a top choice for students across all disciplines. As per the QS World University Rankings 2023, Princeton University emerged in the 16th position. Some disciplines that make Princeton University highly sought-after include engineering, social sciences, biology, and computer science.

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One of the prime reasons for the popularity of this university is its tactical location. Students from Philadelphia and New York City can seamlessly navigate to the institute.

Princeton University has as many as 37 sports clubs and 300 student organizations. Besides, the students here enjoy a vibrant campus life with 15 chaplaincies. Being one of the leading national universities in the US, Princeton University accepts just 4% of its applicants.

The student-faculty ratio at Princeton University is 5:1. Around 76% of the classrooms have fewer than 20 students. This demonstrates that the aspirants get personalized attention from the faculty.

20% of the graduates from Princeton University specialize in social sciences and enjoy an average starting salary of $70,200. 16% and 13% of students graduate in Engineering and Computer and Information Sciences and Support Services. Their starting salaries are $76,000 and $99,400, respectively.

3. Carnegie Mellon University (CMU)

Aspiring to specialize in engineering, business administration, or computer science? Carnegie Mellon University will be a good choice if you are likely to establish a career in any of these streams. With a median annual salary of $69,700, graduates from CMU are flying high in their respective careers.

CMU ranks first for their Undergraduate Computer Science and Graduate Information Systems courses as per the US News and World Report. Overall, it is ranked fourth among engineering colleges in the US in 2021.

The Oakland campus of CMU grants its students excellent exposure to small business entrepreneurs, tech companies, and startups.

In terms of acceptance, CMU is a bit more generous compared to the other colleges we listed in this article. The average acceptance rate of this institute is 14%. The student-faculty ratio of 6:1 looks pretty good.

13% of CMU students graduate with Computer Science and enjoy an average annual salary of $102,500. Another 9% study Electrical and Electronics Engineering, while 10% go for Business Administration and Management. These two groups of students bag salary packages of $78,100 and $68,500 on average. Those majoring in Systems Science and Theory get even more, around $103,700 a year.

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4. Thomas Jefferson University (TJU)

Graduates passing out from Thomas Jefferson University bag impressive salary packages, with the median close to $66,300 a year. The inter-professional approach to education is what this institute is known for. Students majoring in exercise science, nursing, health, midwifery, and physical therapy usually go for this esteemed institution.

The university specializes in designing masters and certificate programs in emerging healthcare fields. Some of the comparatively newer courses offered by TJU include cardiovascular perfusion, integrative health, telehealth, and connected care.

Thomas Jefferson University is generous with its acceptance rate, accepting 78% of its applicants. The student-faculty ratio stands at 13:1. Also, 60% of the classes at this institute have less than 20 students. Therefore, the aspirants can expect the much-needed individual care necessary to specialize in healthcare fields.

5. Rensselaer Polytechnic Institute

With a median starting salary of $66,000 and tuition fees around $58,526, studying at this polytechnic college seems to be a good bargain.

Located in New York, Rensselaer Polytechnic Institute is known for its industry-oriented programs in engineering technology, computer science, engineering, mathematics, and business and management. This college offers research opportunities in experimental media, performing arts, and biochemical solar energy.

Among the national universities, Rensselaer Polytechnic Institute ranks 51st. However, graduates from this college have consistently bagged impressive salary packages at reputed organizations. What’s good to know about this institute is that it accepts around 53% of its applicants.

55% of the classes at Rensselaer Polytechnic Institute have less than 20 students. The average student-faculty ratio at this institution is 13:1. The 4-year graduation rate stands at 70%.

51% of the students studying at Rensselaer Polytechnic Institute choose the engineering field. The starting salary of the alumni is $72,300 annually. Computer and Information Sciences and Support Services is another popular domain, attracting 19% of the students. Graduates in this field earn even higher, around $84,800 a year.

6. Stevens Institute of Technology

When you consider anything above the average annual salary as impressive, Stevens Institute of Technology makes its way into our list. This college, located in New Jersey, boasts an impressive median annual salary of $67,000.

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New Jersey, as you know, is the hub of technology. The strategic location of the college gives its students direct exposure to the industry. Whether you want to specialize in welding and laser cutting or 3D printing, the industry-oriented curriculum of Stevens Institute of Technology makes it happen.

Apart from mechanical engineering, students attend computer engineering, computer science, business administration, and chemical engineering courses at the Stevens Institute of Technology.

The college has a decent ranking, and its acceptance rate looks great, at 53%. Around 39% of the classes have fewer than 20 students. At Stevens Institute of Technology, the student-faculty ratio is 12:1.

Among the graduates, 16% come from the mechanical Engineering Stream, while 14% come from the Computer Science domain. Their annual starting salary stands at $70,000 and $ 77,400, respectively. 12% of the graduates specializing in Business Administration and Management enjoy annual salaries of around $71,800. Besides, Computer Engineering and Chemical Engineering account for 8% of the graduates each. The annual salary of these graduates also lies in a similar range.

7. Worcester Polytechnic Institute

Worcester Polytechnic Institute is a popular college for engineering students, given that the average graduate earns $67,300 as the starting salary. This Institute won’t disappoint you if you are keen to specialize in engineering domains such as mechatronics, electrical, biomedical, and mechanical engineering.

Apart from the modern infrastructure, this polytechnic college is known for its career outlook information and career fairs. Besides, students also specialize in other fields, such as physics, civil engineering, professional writing, and psychology at this institute.

The acceptance rate of Worcester Polytechnic Institute is 60%. This implies that getting an admission at this revered polytechnic college wouldn’t be too challenging. The college boasts a healthy 4-year graduation rate of 81%. Besides, 67% of its classes have fewer than 20 students. The student-faculty ratio at Worcester Polytechnic Institute is 14:1.

Mechanical Engineering and Computer Science are two of the most sought courses in this college. While 19% go for Mechanical Engineering, 16% go for Computer Science, bagging an average annual salary of $72,500 and $83,900, respectively. Bioengineering and Biomedical Engineering graduates make around $69,900 annually, while Electrical and Electronics Engineering graduates earn $78,400. Students graduating in fields like Mechatronics, Robotics, and Automation Engineering earn well above $71,000 a year.

8. Colorado School of Mines

Colorado School of Mines has a decent annual ranking in the US. With a median annual salary of around $68,000, this is yet another reputed college to enroll in. Every February and March, students can attend career fairs hosted by the institute. This exposes them to hundreds of government agencies and companies. Engineering fields such as petroleum, mechanical, electrical, and chemical engineering are the most popular streams in this college.

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At Colorado School of Mines, the acceptance rate is around 57%. So, you stand a fair chance to get yourself through. Around 28% of its classes have fewer than 60 students. The student-faculty ratio is 16:1, while the 4-year graduation rate of this educational institute is 67%.

Mechanical Engineering is the most-sought course at Colorado School of Mines, with 28% of its students enrolling in this course. The average starting annual salary of its alumni is $68,900. Computer Science and Chemical Engineering are two of the other popular programs at the Colorado School of Mines, accounting for 14% of the student population each.

Graduates in these streams earn around $73,200 and $76,900 annually. Even Electrical and Electronics Engineering graduates make $ 76,500 a year, while Civil Engineering graduates earn an annual salary of $67,700.


We have recommended some of the topmost institutes in the US based on the average annual salaries of their alumni for your convenience. As you note, all these graduates make much more than the national average. Moreover, we have included colleges and polytechnic institutions in our list to cover different fields of expertise. So, whether you wish to venture into business administration, engineering, or healthcare, you can choose the best institution.


Are US colleges good for engineering courses?

Yes, the US has some of the best global colleges specializing in engineering courses. The world-class infrastructure, practical modes of training students, and industry exposure make these programs ideal for aspirants.

How to choose the best college in the US?

Depending on your field of interest, you need to choose the best college in the US. You can use parameters like cost-effectiveness and infrastructure while selecting the best college in the US. A university with a decent acceptance rate and a median salary above the national average is a good choice in any scenario.

Do I get placement from US colleges?

Yes, most colleges in the US offer placement facilities to deserving students. These institutions have partnership programs and tie-ups with reputed companies in their respective fields. This opens up lucrative job opportunities for their students.

How difficult is it to get into top US colleges?

The admission criteria largely vary among the top colleges in the US. The field of your interest and the corresponding demand for the program also determines the acceptance rate. In general, reputed US colleges have an acceptance rate of more than 50%. However, some institutes, like Massachusetts Institute of Technology and Princeton University, have an acceptance rate below 5%.

Why are US colleges so expensive?

Most of the reputed US colleges are expensive as students can enjoy quality education. Right from the campus to the academic infrastructure, the facilities look outstanding. Besides, graduates enjoy lucrative salary packages in their respective industries. These perks justify the high fees at US colleges.

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Here’s the No. 1 College for Average Americans That Has the Highest Starting Salary Among Graduates | Entrepreneur? ›

Massachusetts Institute of Technology (MIT) Fresh graduates from MIT have an impressive median salary of around $76,900. This institute specializes in STEM subjects.

Which US colleges have the highest paid graduates? ›

Here are the 10 schools whose previous attendees are earning the most, according to the New York Times' analysis:
  • Massachusetts Institute of Technology. ...
  • Harvey Mudd College. ...
  • Bentley University. ...
  • University of Pennsylvania. ...
  • Carnegie Mellon University. ...
  • Stevens Institute of Technology. ...
  • Stanford University. ...
  • Georgetown University.
Apr 6, 2023

What college has highest starting salary? ›

Colleges with the Highest Starting Salaries Across Majors
  • Harvard University. Salary Score: 99.51. ...
  • Massachusetts Institute of Technology. Salary Score: 99.48. ...
  • Dartmouth College. Salary Score: 98.89. ...
  • Yale University. ...
  • Georgetown University. ...
  • Carnegie Mellon University. ...
  • University of Pennsylvania. ...
  • Santa Clara University.
Jun 2, 2022

Which Ivy League graduates make the most money? ›

Here's What Ivy League Grads Make the Most

According to data from the U.S. Department of Education, as published on CNBC, a degree from the University of Pennsylvania translates into an annual salary of $103, 246 after 10 years of work. That's the largest average salary among Ivy League schools.

What is the starting salary at Harvard? ›

Employees who graduate from Harvard University earn an average of $177k, mostly ranging from $139k per year to $351k per year based on 451 profiles. The top 10% of employees earn more than $299k per year.

What college has graduated the most millionaires? ›

1. Harvard University. At the top of the list is Harvard University, whose alumni account for 7% of the country's centi-millionaires. Some of the biggest technology bigwigs are Harvard alumni, like the co-founder of Microsoft, Bill Gates, who had a net worth of $117 billion as of February 17, per Bloomberg.

What is the richest University in America? ›

Harvard University, with a $50.9 billion endowment as of 2022, is the wealthiest university in the world.

What college majors lead to the highest paying jobs? ›

College majors that pay the most right after college
Chemical engineering$75K
Computer science$73K
Aerospace engineering$72K
Electrical engineering$70K
Industrial engineering$70K
5 more rows
Feb 20, 2023

Who has the highest starting salary? ›

25 jobs with high starting salaries
  • Software engineer.
  • Data scientist.
  • Physician assistant.
  • Computer scientist.
  • Veterinarian.
  • Actuary.
  • Optometrist.
  • Dentist.
Mar 10, 2023

Which University pays their professors the most? ›

Top Average Salaries for Full Professors at Private Universities, 2019-20
1. Columbia University$268,400
2. Stanford University$261,900
3. Princeton University$255,000
4. Harvard University$253,900
5. University of Chicago$246,100
5 more rows
Apr 7, 2020

What is the easiest Ivy League to get? ›

Cornell is considered the "easiest" Ivy League to get into because it has the highest Ivy League acceptance rate. While it's easier, statistically speaking, to get into Cornell, it's still challenging. It's also important to remember that students apply directly to one of Cornell's eight undergraduate colleges.

What is the easiest Ivy League to get into ranked? ›

Cornell University

Cornell is the easiest and youngest Ivy League school. It was established in 1865 and is situated in Ithaca, New York. Out of 49,114 candidates, Cornell accepted 5,330, for an admission percentage of around 10.9%.

What is the most easiest Ivy League to get into? ›

While all Ivy League schools are incredibly difficult to get into, Cornell University would likely be considered the easiest since it has the highest acceptance rate of all Ivies.

Is Harvard free if you make less than 100k? ›

Harvard costs what your family can afford. We make sure of that. If your family's income is less than $85,000, you'll pay nothing. For families who earn between $85,000 and $150,000, the expected contribution is between zero and ten percent of your annual income.

What is the average salary in usa? ›

The average salary in USA per month or year varies widely across industries, jobs, age, experience & education, and geographical locations. According to the latest figures by the Bureau of Labor and Statistics, the average salary in USA per month is $6,228 or $74,738 per year.

What do most Harvard students major in? ›

The most popular majors at Harvard University include: Social Sciences, General; Biology/Biological Sciences, General; Mathematics, General; Computer and Information Sciences, General; History, General; Physical Sciences, General; Psychology, General; Engineering, General; and Foreign Languages and Literatures, General ...

What is the #1 hardest school to get into? ›

Niche, a ranking and review site, recently published its list of the “2023 Hardest Colleges to Get Into.” Using data from the U.S. Department of Education on various colleges' acceptance rates and SAT/ACT scores, they found, unsurprisingly, Harvard University to be the most difficult college to get into.

What profession has the most billionaires? ›

In broader terms, the finance and investment profession has the most millionaires. It also has the most billionaires, with 371.

Which high school sends the most students to Harvard? ›

In total, one out of every 20 Harvard freshmen attended one of the seven high schools most represented in the class of 2017—Boston Latin, Phillips Academy in Andover, Stuyvesant High School, Noble and Greenough School, Phillips Exeter Academy, Trinity School in New York City, and Lexington High School.

What is the #1 campus in America? ›

Harvard University

This Ivy League school is the oldest higher education institution in the country and has the largest endowment of any school in the world. Harvard University is a private institution in Cambridge, Massachusetts, just outside of Boston.

Which is the world No 1 University in USA? ›

Harvard University

United States|Cambridge (U.S.)

What is the richest school district in the USA? ›

Scarsdale Union Free School District, N.Y.

Households in the Scarsdale Union Free School District are the wealthiest in the nation, with a median annual income of $238,478, or 4.5 times greater than the comparable national median income of $53,046.

What is the hardest major? ›

Top 15 Hardest College Majors Table of Contents
  • Chemistry.
  • Environmental Economics and Policy.
  • Environmental Earth Science.
  • American Studies.
  • Nuclear Engineering.
  • Energy Engineering.
  • Astrophysics.
  • Applied Mathematics.
Mar 16, 2023

What is the lowest paying college major? ›

The lowest-paying college majors are in areas such as theology, social services, the performing arts, education, and leisure and hospitality, the data shows.

What's the best bachelor's degree to get? ›

Unsurprisingly, the list is dominated by bachelor's degrees in STEM (science, technology, engineering, and mathematics), as these best bachelor's degrees tend to have a better payoff compared to others (Day & Martinez, 2021).

What is the top 1% starting salary? ›

Top 1% income threshold: $666,202
  1. Top 1% income threshold: $666,202.
  2. Top 5% income threshold: $271,049.
Jan 24, 2023

Who deserves the highest salary? ›

It's that of a Mother.

This answer not only deserved the crown but is also a food for thought for all the professionals around the globe. I got two learnings from this simple answer of Manushi. First, that we should value more the women in our lives, especially the mother.

Which bachelors degree pays the most? ›

Applied Economics and Management

An economics degree ranks as one of the highest-paying bachelor's degrees. During an economics program, undergraduates study microeconomics, macroeconomics, and econometrics. In applied economics courses, participants learn how to analyze financial information and create projections.

How much do Harvard janitors make? ›

The average Janitor II salary in Harvard, MA is $41,274 as of March 28, 2023, but the range typically falls between $36,549 and $47,364. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

What state pays professors the most? ›

Alabama is the best state for jobs for professors, and Hawaii is the worst. The most common pay in Alabama is $162,175, while the median pay in Hawaii is $106,075.
1. Alabama.
Total Professor Jobs:246
Lowest 10 Percent Earn:$105,000
Highest 10 Percent Earn:$249,000
2 more rows
Apr 6, 2021

How much does a Harvard lawyer make? ›

Harvard Law School Jobs by Salary
Job TitleRangeAverage
Law Firm PartnerRange:$254k - $462kAverage:$375,000
Senior CounselRange:$159k - $255kAverage:$196,527
Corporate LawyerRange:$59k - $254kAverage:$165,000
Attorney / LawyerRange:$79k - $102kAverage:$92,432
3 more rows

What is the lowest GPA to get into Harvard? ›

You should also have a 4.18 GPA or higher. If your GPA is lower than this, you need to compensate with a higher SAT/ACT score. For a school as selective as Harvard, you'll also need to impress them with the rest of your application. We'll cover those details next.

What is the lowest GPA to get into Ivy League? ›

None of the Ivy League schools have a minimum GPA requirement for applications, which means anyone can apply regardless of their GPA.

What GPA do you need to get into Harvard? ›

The average high school GPA of admitted students at Harvard is around 4.2. 73% of students had a GPA of at least 4.0, indicating that admitted students typically mostly earned A grades in high school. If you're studying the IB, this translates to scoring mostly 7s and achieving a minimum score of at least 42.

Which Ivy gets the least applicants? ›

Dartmouth University is the Ivy League school that receives the least amount of applications. On average, they receive nearly 23,000 applications each year, and this year they received 28,841 applications.

What is the hardest ivy to get into? ›

The “Big Three” Ivy League schools, plus Columbia, are likely the most selective. Harvard, Princeton, and Yale—known as the “Big Three”—are historically the three toughest Ivy League schools to get into.

What is the smartest Ivy League? ›

Ivy League Schools Ranked 2023
IviesCrimson RankingQS World Ranking
U Penn413
4 more rows
Feb 28, 2023

What is a hidden Ivy school? ›

The Hidden Ivies are colleges and universities considered to rival the eight Ivy League schools without being part of that prestigious group. These schools offer similar academic opportunities to students but might get overlooked because of their lack of popularity when compared to the famous Ivies.

Which Ivy League has the prettiest campus? ›

The Ivy League with the best campus is Princeton. It's reputed as having the prettiest campus.

Will one C ruin my chances of Ivy League? ›

Just one bad grade in an advanced level course is not going to ruin your chances at an Ivy League. However, consistently underperforming in advanced classes in your area-of-interest classes will penalize you in the applications process.

Which Ivy League is most generous? ›

Yale University

Among the very best universities in the world, Yale University is the one that statistically offers the most generous financial aid. The following statistics from Yale Office of Undergraduate Financial Aid demonstrate the financial aid that first-year students in the Class of 2023 received on average.

What kind of students does Harvard look for? ›

In our admissions process, we give careful, individual attention to each applicant. We seek to identify students who will be the best educators of one another and their professors—individuals who will inspire those around them during their College years and beyond.

What is the average debt of a Harvard graduate? ›

Student Loan Debt for Harvard University

At Harvard University, the median federal loan debt among borrowers who completed their undergraduate degree is $12,665. The median monthly federal loan payment (if it were repaid over 10 years at 5.05% interest) for student federal loan borrowers who graduated is $127.

What is a decent salary to live in us? ›

Securing both financial success and career opportunities comes at a cost — one that is growing each year. Overall, Americans need an average post-tax income of $68,499 to live comfortably in the U.S., according to recent data from SmartAsset.

What salary is considered upper class? ›


How much should a 30 year old make? ›

What is the median salary by age in the United States?
AgeMedian Salary
51 more rows

What is the easiest major to get into Harvard? ›

Harvard's Class of 2026 overall acceptance rate.
The intended majors of those admitted to the Class of 2025 were:
  • Humanities: 15.3%
  • Social Sciences: 28.1%
  • Biology: 18.3%
  • Physical Sciences: 7.6%
  • Engineering: 10.3%
  • Computer Science: 8.1%
  • Math: 6.0%
  • Undecided: 6.3%
May 26, 2022

What is the most famous class at Harvard? ›

Ben-Shahar taught two of the most popular classes in the history of Harvard University – Positive Psychology 1504 and The Psychology of Leadership – and continues to share his knowledge of topics such as leadership, ethics, happiness, self-esteem, resilience, goal setting, and mindfulness around the world to ...

What field is Harvard best at? ›

  • #1. in Atomic / Molecular / Optical.
  • #2. in Condensed Matter.
  • #2. in Cosmology / Relativity / Gravity (tie)
  • #1. in Elementary Particles / Field / String Theory (tie)
  • #1. in Physics of Living Systems (tie)
  • #3. in Quantum.

Do Ivy League graduates earn more? ›

On average, Ivy League graduates earn substantially more than graduates from other four-year universities, according to the most recent data from PayScale for more than 1,500 schools.

How much do UCLA grads make? ›

What is the easiest Ivy League school to get into? ›

Cornell is considered the "easiest" Ivy League to get into because it has the highest Ivy League acceptance rate. While it's easier, statistically speaking, to get into Cornell, it's still challenging. It's also important to remember that students apply directly to one of Cornell's eight undergraduate colleges.

Do most billionaires go to Ivy League schools? ›

As you might expect, the colleges that produce the most billionaires are largely Ivy League universities. But even for those who never reach 10 figures, Ivy League universities can still generate wealth.

What GPA do Ivy Leagues want? ›

If you're aiming for a top university such as one in the Ivy League, Stanford, MIT, or others of the same caliber, a 4.0 GPA — or close to it — is expected.

What is the highest salary for graduate students? ›

Frequently Asked Questions about Graduate Student Salaries
  • Banking - ₹9.1 Lakhs per year.
  • Education & Training - ₹5.3 Lakhs per year.
  • IT Services & Consulting - ₹4.4 Lakhs per year.
  • Financial Services - ₹3.4 Lakhs per year.
  • Internet - ₹1.5 Lakhs per year.

How much does a grad at Princeton make? ›

Princeton University Jobs by Salary
Job TitleRangeAverage
Management ConsultantRange:$80k - $132kAverage:$88,750
Product Manager, SoftwareRange:$123k - $151kAverage:$130,894
Project Manager, (Unspecified Type / General)Range:$59k - $67kAverage:$63,143
Data AnalystRange:$50k - $71kAverage:$60,000
3 more rows
Apr 11, 2023

How much does a Harvard graduate make a year? ›

Princeton graduates earn an average of $90,700 by the age of 34, while Harvard grads earn $81,500. Bottom of the Ivy League pile is Brown, where average income for graduates is just $66,900.


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