Cal Poly bachelor’s degree graduates rank 13th in the nation and among the top three in the state for median salaries among public-university bachelor’s degree recipients, according to PayScale.com’s new 2014-2015 College Salary Report.
Early career graduates with a bachelor’s degree from Cal Poly earn an average of $56,200, behind their peers from UC Berkeley at $59,500 but above UC San Diego at $50,600. Mid-career Cal Poly grads made about $100,100, less than bachelor’s degree grads from UC Berkeley at $114,200 and UCSD at $102,100, the report said.
“We know from our industry partners that Cal Poly graduates are sought-after and valued,” said Cal Poly President Jeffrey D. Armstrong. “This latest PayScale salary survey confirms what we have been saying for years: Cal Poly graduates hit the ground running, and their polytechnic, Learn by Doing educations helps them adapt to changes throughout their careers.”
Cal Poly ranked 63rd among all 1,002 public and private schools in median earning amid public and private institutions in the PayScale.com report. The online compensation database expanded this year’s report to include salary-outcome data for all graduates from a school, including those who obtained higher degrees such as master’s degrees and doctorates. Cal Poly does not offer doctorate-level programs.
Colleges and universities with the highest-earning alumni almost all have one thing in common: They produce a lot of engineers and other workers with valuable STEM degrees, PayScale said. STEM disciplines include science, technology, engineering and mathematics.
Early-career starting salary data for each school in the PayScale report was derived from surveys of full-time employees with five or fewer years of experience in their career who hold a bachelor’s degree and no higher degrees. Mid-career salary data was derived from surveys of full-time employees with at least 10 years of experience in their career or field who hold a bachelor’s degree and no higher degrees.
The full report can be found at: http://www.payscale.com/college-salary-report.