10 years after entry

Colleges with the Highest Post-Graduation Earnings

Median income, federal IPEDS data, ten years after first enrollment.

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Which colleges have the highest post-graduation earnings?

By median earnings 10 years after entry (federal data tracked via tax records), Massachusetts Institute of Technology graduates earn a median of $143,372. Earnings rankings reflect a mix of school quality, student selectivity, and major distribution. Engineering- and tech-heavy schools concentrate at the top.

Ranked by Median Earnings (10 years after entry)

#School10yr median
1Massachusetts Institute of TechnologyCambridge, Massachusetts$143,372
2Harvey Mudd CollegeClaremont, California$138,687
3Harvey Mudd CollegeClaremont, CA$138,687
4California Institute of TechnologyPasadena, California$128,566
5California Institute of TechnologyPasadena, CA$128,566
6Stanford UniversityStanford, California$124,080
7Carnegie Mellon UniversityPittsburgh, Pennsylvania$114,862
8University of PennsylvaniaPhiladelphia, Pennsylvania$111,371
9Princeton UniversityPrinceton, New Jersey$110,066
10Lehigh UniversityBethlehem, Pennsylvania$105,584
11Lehigh UniversityBethlehem, PA$105,584
12Claremont McKenna CollegeClaremont, California$104,736
13Claremont McKenna CollegeClaremont, CA$104,736
14Cornell UniversityIthaca, New York$104,043
15Boston CollegeChestnut Hill, Massachusetts$103,937
16Boston CollegeChestnut Hill, MA$103,937
17Georgetown UniversityWashington, D.C.$103,494
18American UniversityWashington, D.C.$103,494
19Georgia Institute of TechnologyAtlanta, Georgia$102,772
20Georgia Institute of TechnologyAtlanta, GA$102,772
21Columbia UniversityNew York, New York$102,491
22Harvard UniversityCambridge, Massachusetts$101,817
23Yale UniversityNew Haven, Connecticut$100,533
24Villanova UniversityVillanova, PA$100,423
25University of Notre DameNotre Dame, Indiana$99,980

Source: U.S. Department of Education College Scorecard. Last verified May 2026.

How earnings data is calculated

College Scorecard earnings come from federal tax records of students who received Title IV financial aid (about two-thirds of all undergraduates). It tracks earned income 6 and 10 years after a student first enrolled, regardless of whether they graduated. The data is the most reliable post-college earnings dataset available for U.S. universities, but has known caveats.

Why these rankings can mislead

The earnings ranking conflates three things: school quality, student selectivity, and major distribution. A school full of students who'd be high earners regardless (because of admit selection) will rank high even if the school added little. Engineering and tech-focused schools (MIT, Caltech, Carnegie Mellon, Harvey Mudd) appear at the top largely because their students concentrate in computer science, electrical engineering, and finance, where starting salaries are highest.

For a more useful comparison, look at earnings by major within a school, not the school average. The Scorecard publishes this granular breakdown for most schools, and the ranking changes substantially when you control for major.

FAQ

Does college choice actually affect earnings?

Research is mixed. Studies controlling for student characteristics (Dale & Krueger; Chetty et al.) find that for most students, attending a more selective school adds modestly to earnings, and for some demographics has no effect at all. The school you attend matters less than your major, your grades, and your professional network. The Scorecard rankings reflect raw earnings, not value-added.

Why isn't Harvard #1?

Harvard's student body distributes across more majors than tech-focused schools, including humanities and social sciences with lower median earnings. Tech-heavy schools (MIT, Caltech, Stanford, Carnegie Mellon) typically rank above Harvard in raw earnings because of their major distribution, not because Harvard graduates earn less in comparable fields.

How is the median calculated?

The median is calculated across all students who received federal financial aid and were first enrolled at the school 10 years prior, including non-completers. Earnings are reported by IRS tax filings. Students who don't file (e.g., living abroad, not employed in the U.S.) aren't counted, which can skew downward at schools with high international or non-employment rates.