Stevens Institute of Technology graduates whose highest degree is a bachelor’s earn among the highest mid-career salaries in the nation, ranking No. 13 with median earnings of $139,900 after 10 years of experience in a field, according to PayScale’s 2019-20 College Salary Report.
Stevens is ranked as the top New Jersey school on the list.
PayScale, a provider of on-demand compensation data and software, sampled data from more than 3.5 million full-time, degree-holding employees. The sample included 1,736 schools for people with only a bachelor’s degree; of those schools, 305 were designated research universities.
“At a time when families are considering the overall cost of a college education and the value it provides to graduates, this ranking demonstrates that a Stevens education is a very strategic investment,” Stevens President Nariman Farvardin said in a statement. “A Stevens degree is—quite literally—a ticket to a great first job and a passport to long-term career success.”
Ninety-six percent of the Class of 2018 received employment, admission to graduate school or other first destination outcomes six months after graduation, with 79 percent of seniors finalizing their plans while still in school, according to 2018 Student Outcomes Report. Of those employed, the class reported a record-high average starting salary of $71,400, which is among the highest in the nation.
Princeton University ranked 15th in the nation with a median mid-career salary of $139,400 after 10 years of experience in a field, according to PayScale’s 2019-20 College Salary Report.