How to correctly and politely ask a college for more money

“…and my salary potential would be higher right out of college.”

Would it, though? I don’t pretend to know a lot about how business works but this tends to be a way of the past in most industries. Nowadays, most undergrads get paid approximately the same out of school (and if not, it usually comes down to their past EXPERIENCE and/or negotiating skills/what leverage they have, NOT what school they went to).