BABSON COLLEGE RANKED AMONG TOP 10 FOR ALUMNI EARNINGS
Babson College has been ranked among the top 10 schools for undergraduate pay 10 years after enrollment by The Wall Street Journal in its recent database analysis of the U.S. Department of Education’s College Scorecard.
According to the Journal, Babson placed seventh with an average SAT score of 1250 and a median pay of $85,500 − 10 years after enrollment. Babson also compared favorably to other leading colleges.
“The Journal compared median earnings 10 years after students enrolled at the most selective liberal arts colleges in the country, to median earnings for students at the most selective research universities. The Journal analyzed salary figures for the top 50 schools in each category that had the highest average SAT scores. Those Ivy League schools, selective state colleges, and other national universities compete with liberal arts colleges for many of the same highly qualified applicants.
At nearly half of the top liberal arts colleges, the reported median salary 10 years out was below $50,000. (The government didn’t release the underlying data necessary to calculate an overall median salary for those schools.) Students at almost all of the top research universities beat the $50,000 mark, while at about a third of top research universities they had median salaries above $70,000.”
The College Scorecard is an online planning tool that helps students and their families choose among a number of options including location, size, campus setting, and degree and major programs.
Each Scorecard profile includes five key pieces of data about a college, including costs, graduation rate, loan default rate, average amount borrowed, and employment. Data is updated periodically, and most recently, the Department published information on earnings to make the real costs and outcomes of college far more transparent than ever before.
“We are pleased to be recognized as a top school with significant salary outcomes after graduation,” said Babson College President Kerry Healey. “The data is a testament to the impact our global community of students and alumni are making to bring entrepreneurship to the world.”
This accomplishment falls within a series of other ranking successes earned by the College this year.
- The Princeton Review and Entrepreneur magazine recognized Babson for having the No. 1 undergraduate school and the No. 2 graduate school for Entrepreneurship Education nationwide.
- U.S. News & World Report recognized Babson as the top undergraduate school for Entrepreneurship for the 19thconsecutive time and the top graduate school for Entrepreneurship for the 22nd consecutive year.
- MONEY magazine has named Babson the No. 2 college in America in its new Best Colleges ranking of roughly 1,500 four-year colleges and universities.
- The Economist most recently named Babson the No. 2 college in the United States. In its first undergraduate college ranking, The Economist demonstrates the economic value of a college by comparing the gap between how much money its alumni earn, and how much they might have earned had they studied elsewhere.
About Babson College
Babson College is the educator, convener, and thought leader for Entrepreneurship of All Kinds®. The top-ranked college for entrepreneurship education, Babson is a dynamic living and learning laboratory where students, faculty, and staff work together to address the real-world problems of business and society. We prepare the entrepreneurial leaders our world needs most: those with strong functional knowledge and the skills and vision to navigate change, accommodate ambiguity, surmount complexity, and motivate teams in a common purpose to make a difference in the world, and have an impact on organizations of all sizes and types. As we have for nearly a half-century, Babson continues to advance Entrepreneurial Thought and Action® as the most positive force on the planet for generating sustainable economic and social value.