Stony Brook graduates rank among the highest in the nation when it comes to earnings potential, according to a recent national ranking. According to the PayScale 2010 College Salary Report, the starting median pay for Stony Brook graduates is $49,200 and the mid-career median pay is $90,800.
Among state universities nationwide, Stony Brook ranked 23rd, ahead of institutions such as the University of California (Davis), Michigan University, Purdue, and the University of Connecticut. Among all Northeastern colleges, Stony Brook ranked 53rd in earnings potential, ahead of such private universities as NYU, Pace, Boston University, Ithaca, Adelphi, and Hofstra.
The actual college rankings were based on the mid-career median pay figures.
“The report highlights the value of a Stony Brook undergraduate degree in securing that first job as well as years later at mid-career,” said Stony Brook University President Samuel L. Stanley Jr., M.D. “This report exemplifies a solid return on investment as demonstrated by Stony Brook’s highly affordable tuition compared to private schools and other public schools. It’s my job now to see to it that we raise that bar even higher.”
The PayScale report is based on the results of surveys of employees who possess a bachelor’s degree. No higher degrees are included in the survey. Only graduates who are employed full-time are included. The Seattle-based company surveyed 999 campuses, 97 percent of which had more than 5,000 undergraduate students. The report is available online at www.payscale.com/best-colleges. PayScale bills itself as the leading online provider of employee compensation data.