New Military Grads Make More Than Ivy Leaguers

Survey shows military and engineering schools are the way to go to get paid
By Michael Harthorne,  Newser Staff
Posted Aug 29, 2015 9:25 AM CDT

(Newser) – Forget gorgeous campuses, amazing faculty, or raging parties—if the number-one thing you're looking for in a college is immediate return on investment, then military academies are the place for you, the Washington Post reports. According to PayScale's rankings released this week, graduates of the US Naval Academy and US Military Academy (West Point) make more money annually within five years of entering the professional world—$82,900 and $82,800 respectively—than those of any other school. Recent graduates of the US Merchant Marine don't do too shabby either, with an average salary of $77,900. If the military isn't your thing, look to engineering. Engineering schools Harvey Mudd, MIT, and Caltech are all in the top 10 for recent graduate salaries.

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Interestingly, as the Post points out, graduates of Ivy League schools don't do nearly as well in their first five years of professional life, with recent Harvard grads leading the pack with an average yearly salary of $62,600—31st in PayScale's rankings. But that changes after a decade of working, as Harvard moves up to fourth place with an average graduate salary of $131,000. The rest of the Ivy League follows suit. However, it's another engineering school—SUNY Maritime—that tops the 10-year list with an average graduate salary of $139,000 per year. Still, don't feel too bad for Ivy League grads; the Post reports the median US salary is only $50,000. (Read more college stories.)

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