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A college degree can boost your pay — but so can your alma mater. Here are top colleges for income.

A college degree can boost your pay — but so can your alma mater. Here are top colleges for income.

CBSN
Friday, September 29, 2023 09:09:50 AM UTC

College is viewed by many economists — and parents — as key to securing a rewarding, well-paying job. New research now indicates that which college you attend can also have a lifelong impact on your earnings, with grads from top-ranked universities such as Princeton and MIT far out-earning the typical college grad. 

By mid-career, or at least 10 years after their diploma, alums of Princeton and MIT received the highest salaries among all college grads, at almost $190,000 annually on average, according to a new analysis from PayScale. Meanwhile, college graduates between 25 and 64 years old earned median incomes of $74,154 last year, according to recent data from the U.S. Census Bureau. 

Overall, the universities and colleges that lead to the best-paying careers after graduation are Ivy League colleges, technical universities such as MIT and private academies, PayScale said of its findings. 

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