Pay Scale has ranked most of the USA's college and Universties on the basis of average starting salaries for recent college grads and then mid-career earing levels. Valpo ranks #395. Average starting salary for VU grads is $49,500. Mid-career earnings are $76,200. Really bad. Check out the info. on Pay Scale. Makes you wonder...why Valpo? >:(
395 out of __???__
If it's 396, that's really bad; if it's 1,396 it's in the upper third. What's the relationship?
A link would be helpful too.
Over 1,000 colleges were surveyed. Google:2013-14 Payscale College Salary Report. Interesting.Note the military academies, A free education and then...BIG BUCKS! :o
I have absolutely no complaints about where I am at financially at 32 years old. Valpo was very good for me and my career :)
Quote from: setshot on September 13, 2013, 10:22:05 PM
Over 1,000 colleges were surveyed. Google:2013-14 Payscale College Salary Report. Interesting.Note the military academies, A free education and then...BIG BUCKS! :o
Bet the mid career measure was taken after they retired from the military and ventured into the private sector.
Is this article accounting for cost of living? Seems obvious, but...
I suppose some fraction of Valpo grads head into Chicago, or other big cities. But plenty stay in Valpo or Valpo-like areas with lower cost of living, etc.
Anyhow, a pretty narrow measure of our success.
Are Valpo grade more likely to go into non-profits and other worthy but not financially lucrative areas?
An interesting data point, sure. But I don't initially know what to make of it.
The NYT weighs in:
http://www.nytimes.com/2013/09/14/business/economy/nice-college-but-whatll-i-make-when-i-graduate.html (http://www.nytimes.com/2013/09/14/business/economy/nice-college-but-whatll-i-make-when-i-graduate.html)
Their critique seemed to have a lot to do with technical jobs (engineering, etc.) vs. liberal arts type careers. I'm not sure that helps explain too much in Valpo's case.