Anyone considering going to college could find use in a new tool available online, which can reveal the colleges that produce workers with the highest income after attendance.
The tool can rank colleges based on how important certain aspects of a college are to a user, such as campus safety, economic mobility, diversity, and athletics. However, if one is interested in solely one topic, such as which colleges have the highest median income following 10 years after attendance, the tool, created by the New York Times, will calculate the answer in a matter of seconds.
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California Institute of Technology
Median income 10 years after attendance: $112,166
Average cost after grants and scholarships: $26,542
Median debt among graduates: $17,747
Massachusetts Institute of Technology
Median income 10 years after attendance: $111,222
Average cost after grants and scholarships: $16,407
Median debt among graduates: $13,418
Harvey Mudd College
Median income 10 years after attendance: $108,988
Average cost after grants and scholarships: $33,467
Median debt among graduates: $22,089
Bentley University
Median income 10 years after attendance: $107,974
Average cost after grants and scholarships: $41,334
Median debt among graduates: $25,000
University of Pennsylvania
Median income 10 years after attendance: $103,246
Average cost after grants and scholarships: $25,406
Median debt among graduates: $16,763
Carnegie Mellon University
Median income 10 years after attendance: $99,998
Average cost after grants and scholarships: $36,775
Median debt among graduates: $22,014
Stevens Institute of Technology
Median income 10 years after attendance: $98,159
Average cost after grants and scholarships: $37,211
Median debt among graduates: $27,000
Stanford University
Median income 10 years after attendance: $97,798
Average cost after grants and scholarships: $12,894
Median debt among graduates: $12,000
Georgetown University
Median income 10 years after attendance: $96,375
Average cost after grants and scholarships: $32,108
Median debt among graduates: $16,500
Princeton University
Median income 10 years after attendance: $95,689
Average cost after grants and scholarships: $9,836
Median debt among graduates: $10,450
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These calculations by the outlet's tool are based on information from the Department of Education via the National Center for Education Statistics, the College Scorecard, the company Niche, and the organization Opportunity Insights. The earning totals are based on figures from the year 2020.
Only colleges and universities where more than 50% of students graduated within eight years were included in this tool. Additionally, schools that had data for at least three of the 10 factors this tool checks for were considered by the tool.