Report on Median Earnings Places Former UB Students Near Top
January 11, 2016
Contact: University Relations
Phone: 410.837.5739
A new report by the Georgetown University Center on Education and the Workforce finds that former students of the University of Baltimore are reporting median earnings of $58,000 annually—nearly $10,000 more than the center’s formula expected. In turn, the news site Business Insider, using the results of the report, said UB is among the top 20 public institutions where former students go on to earn the most money after entering the workforce.
The center said it developed its report using a new set of rankings by highest earnings of former students of more than 1,400 four-year colleges and universities in the United States. "Ranking Your College: Where You Go and What You Make" is designed to provide students and families with a list of colleges with the highest earnings potential.
"The report also includes rankings that correct for differences in earnings among the schools, including majors, student’s academic preparation before starting college and the likelihood of graduate degree attainment," the center said in a press release about the report. "The base rankings, which focus on earnings 10 years after students begin their studies, do not factor in the composition of majors and include both graduates and non-graduates."
The center said it provides three different measurements to determine which schools yield the highest wages among former students: earnings; choice of major or program; and "differences caused by student's academic preparation and whether they earn a graduate degree following completion of a Bachelor's degree."
In its follow-up to the report, Business Insider said it determined the 20 public colleges and universities "where graduates go on to earn the most money after a few years in the workforce," noting that it also presented data on institutions' tuition, required fees, room, and board via information from CollegeBoard.
UB placed 19th on this list of public institutions, between Virginia Polytechnic Institute and State University and SUNY University at Binghamton.
View the Georgetown University Center on Education and the Workforce report and the complete list of rankings. (Key in University of Baltimore in the "Search By Institution Name" box.)
View the Business Insider rankings for public institutions.
The University of Baltimore is a member of the University System of Maryland and comprises the College of Public Affairs, the Merrick School of Business, the UB School of Law and the Yale Gordon College of Arts and Sciences.