(Hoboken, N.J. – Oct. 30, 2020) – Stevens alumni whose highest degree is a bachelor’s earn among the highest mid-career salaries in the nation, ranking No. 12 overall and No. 2 in New Jersey with a median mid-career salary of $144,300 after 10 years of experience in a field, according to PayScale’s 2020-21 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 1,553 schools for people with only a bachelor’s degree.
“During these uncertain times, a Stevens education continues to be one of the best investments that a family can make,” said Stevens President Nariman Farvardin. “Graduates see success immediately upon earning their degree—securing highly competitive employment opportunities at top salaries—and that success continues to grow throughout their careers.”
Given the technical rigor of the Stevens curriculum, combined with real-word experiences gained through internships, cooperative education, senior design projects, and required coding and entrepreneurship course, Stevens graduates are heavily recruited into competitive positions by the nation’s top employers.
Ninety-six percent of the Class of 2019 achieved employment, admission to graduate school or other first destination outcomes six months after graduation, with a record-breaking average starting salary of $76,400, according to the 2019 Student Outcomes Report. Women in the Class of 2019 also achieved the record high of 99% securing their first destinations within the six-month post-graduation timeframe.
Additionally, a report from the Georgetown University Center on Education and the Workforce, “A First Try at ROI” ranked Stevens No. 14 in the nation for return on investment 40 years after enrollment among all U.S. colleges and universities awarding a four-year degree. The report was the first to analyze the ROI of higher education at this longer time scale, revealing the value of a Stevens degree over the period of a graduate’s career.
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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 been the hallmark of Stevens’ education and research. Within the university’s three schools and one college, 7,300 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 disciplines actively advance the frontiers of science and leverage technology to confront our most pressing global challenges. As Stevens celebrates its 150th anniversary, the university continues to be consistently ranked among the nation’s leaders in career services, post-graduation salaries of alumni, and return on tuition investment.
Stevens media contact: Katie Koch, [email protected], 201-216-5139