Pace University named to Forbes list of “Colleges That Will Make You Rich”

01. Sep, 2010 1 Comment

FOR IMMEDIATE RELEASE

Contact: Chris Cory, Pace, 917-608-8164, 212-346-1117, ccory@pace.edu

Pace University named to Forbes list of

“Colleges That Will Make You Rich”

Ranking maps what campuses add to salary expectations

NEW YORK, NY, September 1, 2010 – Pace University has been ranked by Forbes.com as one of the top 20 “colleges that will make you rich.”

The Forbes survey attempts to measure only what colleges and universities actually add to students’ salary expectations.

According to Forbes, to come up with the ranking their staff looked at factors like the average SAT scores of incoming students and the percentage of a student body that receives financial aid. Based on those background factors they then calculated how much one would expect graduates at each school to earn in their careers–and compared their actual earnings to that.

The average annual salary of Pace alumni 10 to 19 years after graduation is $85,031, according to data Forbes used from Payscale.com.

Other institutions in the top 20 include Dartmouth College, Williams College, Stanford University, the University of Chicago, and the University of California at Berkeley.

The results appear in a Forbes.com web feature in conjunction with Forbes’ education coverage, which also includes “America’s Best Colleges,” available online at www.forbes.com/colleges and in the August 30 issue of Forbes magazine.

High starting salaries, tooThe Forbes survey echoes previous findings from a PayScale/Business Week survey that found the starting median salary of recent Pace graduates was in the same league as that for graduates of Yale, Dartmouth, Harvard, Princeton, Stanford and Columbia. That survey found Pace graduates earning a starting median salary of $53,200, listed a mid-career median salary of $89,700 and found top incomes of $187,000 for Pace graduates. According to that article, “the Ivy League isn’t the only path to big bucks.”

Jody Queen-Hubert, Executive Director of Career Services, noted, “This shows the payoff from entering the job market with professional skills and being backed by the largest internship program in the metropolitan area. We’re proud to see this confirmation of what students get from Pace’s emphasis on strong academics and participation in hands-on learning.”

Professional education at Pace University

Since 1906, Pace University has offered professional education that combines liberal arts with practical experience and the advantages of the New York metropolitan area. A private university, Pace has campuses in New York City and Westchester County, New York. It enrolls more than 13,500 students in bachelor’s, master’s, and doctoral programs in its Dyson College of Arts and Sciences, Lienhard School of Nursing, Lubin School of Business, School of Education, School of Law, and Seidenberg School of Computer Science and Information Systems. www.pace.edu