Miami is #9 in Smart Money Survey: Colleges That Help Grads Get Top Salaries

[StitchInTime]

<p>Via [SmartMoney](<a href=“Spending & Saving - MarketWatch”>Spending & Saving - MarketWatch):</a></p>

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It’s the kind of calculation that ruffles the robes of administrators at the most prestigious universities in the country. It’s a blunt bottom-line approach to a postsecondary education, a show-me-the-money college survey. And it’s one academic contest that the Ivies don’t win…</p>

<p>…SmartMoney’s unique “payback” survey of 50 top-priced schools shows which alumni are reaping rewards in the job market…</p>

<p>…Since 2001, tuition at U.S. college has nearly doubled. To see how that investment is paying off, SmartMoney looked at two groups of alumni: recent grads, out for an average of two years, and midcareer alums, out 15 years. The Payback Score is an average of those groups’ current income, expressed as a percentage of their sticker-price tuition and fees…</p>

<p>…But for many, the biggest issue may be whether Ivy League degrees still carry the same economic clout in an age when many other schools have worked hard to improve their academic credentials and where liberal-arts degrees no longer necessarily pave the way to high-paying jobs. Indeed, in a [study</a> published earlier this year, economists Alan Krueger and Stacy Dale](<a href=“http://www.irs.princeton.edu/pubs/pdfs/563.pdf]study”>http://www.irs.princeton.edu/pubs/pdfs/563.pdf) showed that students’ SAT scores are a much bigger predictor of future salaries than the school they attend. Kids whose scores were good enough to enter elite colleges eventually earned as much as graduates of those schools – even if they went to college somewhere, well, cheaper…

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<p>Of note:
[ul][<em>]1 - 19 are all public schools
[</em>] A more accurate payback analysis might include actual cost to attend; as in [Out</a> of School and Into the Red](<a href=“Out of School and Into the Red — The James G. Martin Center for Academic Renewal”>Out of School and Into the Red — The James G. Martin Center for Academic Renewal)
[li]Miami’s tuition of $93,195 was the 8th highest of those in the survey; less than comparable Univ. of Virginia ($107,395) and William and Mary ($103,799).[/li][/ul]
Related: [Private</a> university experience at public university price = bargain (1)](<a href=“http://talk.collegeconfidential.com/11243447-post104.html]Private”>http://talk.collegeconfidential.com/11243447-post104.html) and [Private</a> university experience at public university price = bargain (2)](<a href=“http://talk.collegeconfidential.com/11299064-post105.html]Private”>http://talk.collegeconfidential.com/11299064-post105.html)</p>