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These 3 Mass. colleges have the 'highest payoff,' according to Forbes
Boston.com • • business
Key Points:
- Three Massachusetts schools—MIT, Harvard University, and Williams College—were ranked among Forbes’ top 25 colleges and universities nationwide for highest payoffs based on return on investment.
- MIT ranked 12th, Harvard 13th, and Williams College 17th on the list, with rankings determined by factors such as time to recoup degree costs, percentage of federal loan borrowers, and median federal loan debt.
- MIT graduates have a median base salary of $131,182 after 10 years, with an average tuition cost of $62,396, making it the highest-ranking Massachusetts school and the top college overall in Forbes’ 500 best colleges list.
- Harvard follows closely with a median base salary of $119,078 and an average tuition cost of $61,676, ranking third on Forbes’ best colleges list.
- Williams College, though a less expected contender, ranked 17th for payoff and 19th overall for best colleges, with graduates earning a median base salary of $111,600 after 10 years and an average cost of $68,560.
