[Ed. – 1-5 are, in order, Harvey Mudd, Caltech, Stevens Institute of Technology, Colorado School of Mines, and Babson College. One thing they all have in common: not a competent football team among them.]
Now, thanks to advancements in information technology, it’s much cheaper to track down whether students are able to land a job after graduation, how much they’re paid, and whether they can pay off mountains of debt.
The list comes courtesy of salary database startup PayScale, which recently released their annual rankings of U.S. colleges, re-weighted by job-market success. A few name brand schools, such as Stanford and MIT, do make the top 10. But California’s tech-oriented Harvey Mudd school ranks #1, with an average return on investment (ROI) of nearly $1,000,000 over 20 years.
PayScale uses online surveys, which are much cheaper and pervasive than telephone surveys.
Harvard, ranks #34.
Why? Nearly every top ranked school specializes in technology. Caltech and Stanford are feeder schools for the top tech companies in the world. The smaller schools, such as Babson, are laser-focused on teaching valuable market skills.