(Hoboken, N.J. – Oct. 11, 2018) – Stevens alumni whose highest degree is a bachelor’s earn among the highest mid-career salaries in the nation, ranking No. 14 with a median mid-career salary of $138,900 after 10 years of experience in a field, according to PayScale’s 2018-19 College Salary Report.
PayScale Inc., the world’s leading provider of on-demand compensation data and software, sampled data from more than 3.2 million full-time, degree-holding employees. The sample included 1,655 schools for people with only a bachelor’s degree; of those schools, 306 were designated research universities.
Stevens also topped a number of other lists based on mid-career salary potential, ranking No. 7 among top research universities in the nation, such as Harvard, Stanford and California Institute of Technology and No. 2 among schools in New Jersey, trailing only Princeton.
“Stevens graduates enter the job market ready to be contributors to their organizations’ effectiveness on Day 1,” said Stevens President Nariman Farvardin. “The technical rigor of the Stevens curriculum, combined with real-world experiences gained through internships, cooperative education, senior design projects, and required coding and entrepreneurship courses set Stevens graduates apart from their peers. They enter the job market extremely well prepared and become incredibly successful as they progress throughout their careers.”
In PayScale’s 2018 College ROI Report, a separate report published each spring, Stevens ranked No. 15 for overall college return on investment, where Stevens alumni enjoy a 20-year net return on investment between $832,000 and $932,000 dependent on whether or not they received financial aid while attending Stevens.
Read how Stevens also ranked No. 2 earlier this year for the smallest gender gap in earnings among top universities and colleges, with women out-earning men by 1.6 percent, according to data reported by Forbes magazine.
About Stevens Institute of Technology
Stevens Institute of Technology is a premier, private research university situated in Hoboken, New Jersey overlooking the Manhattan skyline. Since our founding in 1870, technological innovation has always been the hallmark and legacy of Stevens’ education and research. Within the university’s three schools and one college, 6,900 undergraduate and graduate students collaborate closely with faculty in an interdisciplinary, student-centric, entrepreneurial environment. Academic and research programs spanning business, computing, engineering, the arts and other fields actively advance the frontiers of science and leverage technology to confront our most pressing global challenges. The university is consistently ranked among the nation’s elite for return on tuition investment, career services and the mid-career salaries of alumni.
Stevens media contact: Thania Benios, 201.216.5003, [email protected]