Forbes’ New “Public Ivies”
The “Ivy League” is a sports league of 8 colleges and 4 overlaps (Massachusetts Institute of Technology, University of Chicago, Stanford University and Duke University), but its notoriety is often based on student salary outcomes. Forbes has calculated those salary outcomes for alumni and applied them to 9 colleges it is calling “Public Ivies” that graduate students with similar results. Applications have soared at the colleges, especially in our world of test-optional admissions (though test scores matter). However, many applicants to these colleges are Ivy-caliber with regard to GPA, rigor, test scores, and activities. If you have wondered why admission has become so difficult at these institutions, that’s the reason. These public colleges are also considerably more affordable than their private counterparts.
Binghamton University (New York)
Median earnings of $77,436 for alumni, out-of-state tuition of $26,160
Georgia Institute of Technology
Median earnings of $96,375 for alumni, out-of-state tuition of $32,940
University of Florida
Median earnings of $69,468 for alumni, out-of-state tuition of $28,658
University of Illinois Urbana-Champaign
Median earnings of $139,900 for alumni, out-of-state tuition $50,106
University of Maryland – College Park
Median earnings of $134,700 for alumni, out-of-state tuition $57,873
University of Michigan – Ann Arbor
Median earnings of $79,580 for alumni, out-of-state tuition of $58,072
University of North Carolina – Chapel Hill
Median earnings of $118,200 for alumni, out-of-state tuition of $53,810
University of Texas – Austin
Median earnings of $137,000 for alumni, out-of-state tuition of $59,618
University of Virginia - Charlottesville
Median earnings of $80,584 for alumni, out-of-state tuition $78,214 to $90,378
University of Wisconsin – Madison
Median earnings of $125,900 for alumni, out-of-state tuition of $56,625
Important note: these are median salaries for alumni with 10 years of experience per Payscale, not for new graduates. I’ll share info about Forbes’ new Private Ivies soon.
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