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Payscale.com Ranks Average Pay for Those With Bachelor’s Degrees
LOWELL, Mass. ߝ When it comes to translating a bachelor’s degree from a public university into a salary, UMass Lowell delivers the top mid-career pay in New England, according to a Payscale.com survey.
Payscale.com ranked institutions in order of graduates with the highest mid-career salaries. The goal of the study, which surveyed graduates who earned bachelor’s degrees from colleges and universities across the country, was to determine “which undergraduate educations are the best investment,” according to a New York Times online report, “Do Elite Colleges Produce the Best-Paid Graduates?” (http://tinyurl.com/yjwyez7).
New England schools ranked in the top 10 were private institutions: Dartmouth College, the Massachusetts Institute of Technology, Harvard University and Yale University. UMass Lowell was the top-ranked public institution in New England and in the top 20 percent of public and private schools nationally, coming in at No. 124 of more than 600 institutions included in the survey.
“This is another example of how UMass Lowell offers a high-quality education that our graduates are able to use to achieve their career goals and earn top salaries. And, not only does the university offer a top-notch education, it does so at an affordable price that will not leave graduates with decades of debt,” said UMass Lowell Chancellor Marty Meehan.
UMass Lowell graduates with a bachelor’s degree earn an average mid-career salary of $90,000, according to Payscale.com. Other institutions with mid-career salaries in the same range include Boston University, Baylor University, Purdue University, Pepperdine University, Washington University, Kenyon College and Milwaukee School of Engineering, the survey found.
In addition to the salary ranking, the survey looked at top-earning majors across the country, which include engineering, economics, computer science and physics, all of which are offered at UMass Lowell. The full salary survey can be found at www.payscale.com/best-colleges/top-us-colleges-graduate-salary-statistics.asp.
UMass Lowell, with a national reputation in science, engineering and technology, is committed to educating students for lifelong success in a diverse world and conducting research and outreach activities that sustain the economic, environmental and social health of the region. UML offers its 13,000 students more than 120 degree choices, internships, five-year combined bachelor’s to master’s programs and doctoral studies in the colleges of Arts and Sciences, Engineering and Management, the School of Health and Environment, and the Graduate School of Education. www.uml.edu.