RECENT BABSON COLLEGE UNDERGRADUATE ALUMNI AMONG HIGHEST EARNERS ACCORDING TO U.S. DEPARTMENT OF EDUCATION
According to the third annual U.S. Department of Education College Scorecard, Babson College undergraduate alumni earn a median salary of approximately $91,400 ten years after entering college. This is more than double the national median salary of $34,100.
“Whether our students launch their own ventures, rejoin family businesses, or positively impact existing organizations, we are proud to know their Babson College experience prepared them to create great economic and social value in any context,” said President Kerry Healey. “We are pleased to once again be recognized by the Department of Education as one of the nation’s top colleges for alumni earnings and the extraordinary value we deliver to students and their families.”
According to the College Scorecard, Babson enjoys a graduation rate of 89 percent compared to the national average of 42 percent, while 96 percent of students return after their first year compared to the national average of just 68 percent.
In Massachusetts, Babson is the No. 3 college for median alumni salary, above Harvard University, Tufts University, Boston College, Boston University, Amherst College, and more.
Babson is a demonstrated leader in education return on investment (ROI). The College was recently ranked the No. 1 private business school for salary potential by PayScale for the third consecutive year. PayScale also ranked Babson the No. 1 private business school for ROI earlier in the year.
Babson also continues to innovate around college affordability, having recently announced an opportunity for students to pursue an accelerated path to an undergraduate degree that would enable them to graduate in as little as three years. This option could increase return on investment for students, reduce tuition by up to 25 percent, and has a potential immediate financial benefit of up to $105,931.
About the U.S. Department of Education College Scorecard
The Department of Education is committed to ensuring students and families have the information they need when considering postsecondary options to inform their decisions. The College Scorecard will continue to provide critical data elements, including the costs students can expect to pay according to their family income; their likelihood of completing with a degree at that institution; and alumni earnings 10 years after first entering the school. The Department of Education is dedicated to improving the Scorecard each year so that it will become an even more useful tool.
About Babson College
Babson College is the educator, convener, and thought leader of Entrepreneurship of All Kinds®. The top-rankedcollege 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 & Action® as the most positive force on the planet for generating sustainable economic and social value.