Aggies More Financially Successful Than Longhorns, Cougars, According to Study

Categories: Education, Texas

texasa&mtexas.jpg
Looks like the tea sippers need to work a little harder and/or become a bit more driven to best the Aggies.

PayScale recently published a study that breaks down earned income for college graduates. The 2010-11 survey, which is supported by 2010 United States Census data, is broken into two categories: starting median salary and mid-career (15 years) median salary.

According to the data, Texas A&M is the Lone Star State's best public school to attend if you're wanting to make bank. On average, fresh-faced Aggie diploma holders earn $50,900 while15-year grinders make $93,300.

Meanwhile, new grads and seasoned workers from University of Texas at Austin take home $49,100 and $87,500, respectively.

Scoreboard, Aggies.

Rice University, 45th nationally, locked down Texas's overall number-one position. New graduates from the private school make, on average, $53,600 per year while mid-career workers earn $100,000 annually. Of course, if you're a non-scholarship graduate of the stupid expensive institution, much of your salary is chucked back into student-loan debt.

The highest-paid brainiacs hail from the liberal arts/engineering Harvey Mudd College, a private institution in Claremont, California. Ripe Mudd alumni rake in an average of $68,000 per year while seasoned mid-career types bring home $126,000.

PayScale also released research statistics that display the highest versus lowest earning majors. Petroleum engineering took the top slot while special education occupied the last spot on the totem pole.

Here's the breakdown, in order from highest to lowest mid-career earning potential, for a handful of Texas's universities (go to PayScale.com for the complete list):

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Table design by Monica Fuentes


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14 comments
Big Daddy
Big Daddy

This makes sense... The smartest kids on the block make the most money.  I think these numbers would change if you included year-end bonuses into this equation.  Engineers get small bonuses, while bonuses make up a significant amount business professionals' and managers' annual income. Also, you need to adjust for cost of living.  Dallas is the most expensive city and where most SMU alumni work so their adjusted net incomes could be less than say a longhorn who works in San Antonio or a Harvey Mudd engineer who works in California (where their school is located).

POOPOOPLATTER
POOPOOPLATTER

Most Aggies stay in Texas and logically use that strong, robust network to their advantage. Most are very bright, but quite a few ride coat tails into that average salary number. I'm a UH graduate and right at the mid career number after only 4 years out of college, so it all comes down to the individual in the end.

ThomasHorn
ThomasHorn

My school is in Texas and we should rank in the top 10. 

Lamar University, Starting Median Salary $42,000, Median Mid Career $77,400

Our enrollment is near 15k now. I'm not sure why we were passed over. 

Parker E
Parker E

I understand that Rice is "expensive" compared to many of the other schools, but why does the writer go on to claim it as a "'stupid' expensive institution"?  It sounds like the writer of this blog entry is bitter, or perhaps he is attempting to childishly disguise his own sense of incompetence... One wonders after such a subtle yet unsubstantiated remark.

Maria F
Maria F

This is a poor comparison.  A school with larger engineering, medicine and law programs will see higher graduate wages than a school with larger fine arts and education programs, because certain professions pay more.

A better comparison would be to look at students in the same field.  For example how much does a Rice mechanical engineer make compared to a Texas A&M mechanical engineer compared to a UT?  How much does a Baylor teacher make compared to a UNT teacher compared to a UTEP teacher?  Answering this question would really indicate the value of one school over another

Tamu D Boy
Tamu D Boy

Actually it sounds like you're just some douche from Rice

ThomasHorn
ThomasHorn

I disagree, since the list uses medians instead of averages it greatly reduces the effect of a schools Medical, Engineering and Law graduates since you would have to have an alumni population comprised of at least 40~50% Engineers, Doctors and Lawyers to skew the numbers. 

If your argument were correct than I believe UT, with it's large amount of Doctors and Lawyers, would be ranked ahead of A&M. 

Rob Carpenter
Rob Carpenter

Actually, that would only show the value of one portion of what the University offers compared to another.  To help minimize outliers using the average salary and average cost is a pretty good way to get a idea of the value of the education.  Value here is defined on the return on investment, which is really the best way to quantify the value of a education, otherwise you are just polling people's opinions.  

Parker E
Parker E

No not quite, I just think it is unfair to castigate an entire group of people due to personal, biased opinion.  I would not call any "institute of higher learning" (whether it be UT, A&M, Rice, etc.) "stupid."  The writer's and your remarks are just cop-outs.

Jimmy
Jimmy

Doctors and Lawyers require graduate school.  The number of doctors and lawyers from A&M and UT are probably very similar, except that A&M doctors and layers went to med/law school somewhere else. I think the best comparison would be to poll everyone who only received their undergraduate degree; this would yield the true value of the institution in my opinion. 

harebrain
harebrain

In fact, Rice is stupid cheap compared to other private schools of similar caliber.

Charlescatalina
Charlescatalina

Stupid is an adverb for expensive.  Dirk does have a stupid good jump shot. Wonder if he makes some money.

Trey Grundy
Trey Grundy

I don't think he was calling them stupid...I think it was just an adjective for "expensive". Similar to if someone said "Dirk is a stupid good jump shooter"...bad use of slang however. 

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