The survey is done and the results are in: If you want to make bank as a recent grad, Virginia Tech is the place to go.
A recent survey posted on payscale.com found that the median income for recent graduates of Virginia Tech is $52,900 per year. That is $700 more than its closest competitor, the University of Virginia. That’s right, Cavaliers: The Hokies got you beat.
Dartmouth College was No. 1 on the list.
Tech was No. 72.
Tech also inched out UVA with the median salary mid-career as well, with $97,400to UVA’s $97,200. But nobody in the region seems to make as much mid-career as the grads of Washington & Lee, whose mid-career salaries land a median of $104,000 annually.
The number of people surveyed is unclear, but it has a heavy margin of error for the Ivy League and small liberal arts schools such as the University of Richmond. For those institutions, the margin of error is 10 percent. The whole survey has a margin of 5 percent.
University of Richmond grads fare a little better than their rival William & Mary after graduation: UR grads are making $48,900 to W&M grads’ $46,900, although W&M grads seem to make more mid-career.
Both schools just manage to edge out VCU grads, who make a median of $42,000 annually after graduating.
See the rest of the schools in the region in order of highest to lowest starting salary.
University of Virginia
Washington and Lee
George Mason University
University of Richmond
The College of William and Mary
Mid Career: $75,800
James Madison University
Old Dominion University
Virginia Commonwealth University
Norfolk State University
David Larter covers higher education for BizSense. Please send news tips to David@richmondbizsense.com.