Slideshow: Colleges That Pay Off

In a new twistFor details, see The Best Colleges for Making Money The result? A unique "payback" ratio for each school. Below, see:

Top 5 Public Schools
1. Texas A&M

Median Salary 3 Years After Graduation: $49,700

Out-of-State Degree Cost (Class of 2005): $47,213

Median Salary 15 Years After Graduation: $96,100

Out-of-State Degree Cost (Class of 1993): $18,297

Average Payback: 315%

Comment: Like at most schools, tuition is going up at Texas A&M this year -- but by the lowest level in a decade.

Top 5 Public Schools
2. University of Texas, Austin

Median Salary 3 Years After Graduation: $49,700

Out-of-State Degree Cost (Class of 2005): $49,876

Median Salary 15 Years After Graduation: $93,900

Out-of-State Degree Cost (Class of 1993): $18,360 Average Payback: 306%

Comment: A full 82 percent of the freshmen who applied for need-based aid receive some kind of financial package.*

Top 5 Public Schools
3. Georgia Tech

Median Salary 3 Years After Graduation: $58,300

Out-of-State Degree Cost (Class of 2005): $59,896

Median Salary 15 Years After Graduation: $106,000

Out-of-State Degree Cost (Class of 1993): $24,684

Average Payback: 263%

Comment: According to Payscale's alumni salary survey, six of the top ten highest-paying college degrees involve engineering. Georgia Tech s engineering school ranks among the top five in the country.***

Top 5 Public Schools
4. University of Georgia

Median Salary: 3 Years After Graduation: $44,100

Out-of-State Degree Cost: (Class of 2005): $54,742

Median Salary 15 Years After Graduation: $86,000

Class of 1993: $21,675

Average Payback: 239%

Comment: At the oldest state-chartered college in the country, the most popular majors are business and marketing, chosen by 20 percent of students.*

Top 5 Public Schools
5. University of Washington

: $48,800

Median Salary 3 Years After Graduation

Out-of-State Degree Cost (Class of 2005): $62,632

Median Salary 15 Years After Graduation: $85,300

Out-of-State Degree Cost (Class of 1993): $22,935

Average Payback: 225%

Comment: Its 12:1 student-to-faculty ratio rivals that of some of the top private schools in our survey.**

Top 5 Liberal Arts Schools
1. Washington and Lee

M

: $53,600

edian Salary 3 Years After Graduation

Out-of-State Degree Cost (Class of 2005): $89,575

Median Salary 15 Years After Graduation: $104,000

Out-of-State Degree Cost (Class of 1993): $45,350

Average Payback: 145%

Comment: Just more than half of its recent incoming class applied for financial assistance, and about a third were offered at least some aid.*

Top 5 Liberal Arts Schools
2. University of Richmond

: $48,600

Median Salary 3 Years After Graduation

Out-of-State Degree Cost (Class of 2005): $97,760

Median Salary 15 Years After Graduation: $94,600

Out-of-State Degree Cost (Class of 1993): $45,065

Average Payback: 130%

Comment: Only 16 percent of freshmen who attend this liberal arts college hail from Virginia. The rest are out-of-state students. By contrast, most state schools enroll more than 80 percent of their students from in-state.*

Top 5 Liberal Arts Schools
3. Lafayette College

: $53,900

Median Salary 3 Years After Graduation

Out-of-State Degree Cost (Class of 2005): $106,918

Median Salary 15 Years After Graduation: $107,000

Out-of-State Degree Cost (Class of 1993): $59,320

Average Payback: 115%

Comment: Nearly all of its students -- 98 percent -- live on campus. While its reasonable tuition helped place Lafayette high in our ranking, its annual room and board ($11,200 a year) is on the high end.**

Top 5 Liberal Arts Schools
4. College of the Holy Cross

: $50,200

Median Salary 3 Years After Graduation

Out-of-State Degree Cost (Class of 2005): $107,380

Median Salary 15 Years After Graduation: $106,000

Out-of-State Degree Cost (Class of 1993): $58,300

Average Payback: 114%

Comment: This selective liberal arts college admits around 30 percent of its applicants annually, compared to an average of 70 percent for all four-year
colleges.*

Top 5 Liberal Arts Schools
5. Bucknell University

: $54,100

Median Salary 3 Years After Graduation

Out-of-State Degree Cost (Class of 2005): $112,556

Median Salary 15 Years After Graduation: $110,000

Out-of-State Degree Cost (Class of 1993): $60,945

Average Payback: 114%

Comment: Located in Lewisburg, Pennsylvania, Bucknell University boasts a particularly low student-to-faculty ratio: 11-to-1.

Top 5 Ivy League Schools
1. Princeton

: $66,500

Median Salary 3 Years After Graduation

Out-of-State Degree Cost (Class of 2005): $111,840

Median Salary 15 Years After Graduation: $131,000

Out-of-State Degree Cost (Class of 1993): $64,150

Average Payback: 132%

Comment: Want to get into Princeton? About three-quarters of the school s freshmen class scored over 700 in each of their math, writing and critical writing SATs.**

Top 5 Ivy League Schools
2. Dartmouth College

: $58,000

Median Salary 3 Years After Graduation

Out-of-State Degree Cost (Class of 2005): $113,943

Median Salary 15 Years After Graduation: $134,000

Out-of-State Degree Cost (Class of 1993): $63,486

Average Payback: 131%

Comment: Though Dartmouth alums earn the highest median salary 15 years after graduation, the school s published tuition rates are among the highest in our ranking.

Top 5 Ivy League Schools
3. Yale University

: $59,100

Median Salary 3 Years After Graduation

Out-of-State Degree Cost (Class of 2005): $111,450

Median Salary 15 Years After Graduation: $126,000

Out-of-State Degree Cost (Class of 1993): $62,980

Average Payback: 127%

Comment: Of the school s 611 freshmen who were offered need-based aid, the average scholarship or grant totaled more than $32,000.*

Top 5 Ivy League Schools
4. Harvard University

: $63,400

Median Salary 3 Years After Graduation

Out-of-State Degree Cost (Class of 2005): $113,147

Median Salary 15 Years After Graduation: $124,000

Out-of-State Degree Cost (Class of 1993): $64,324

Average Payback: 124%

Comment: It s the most selective college in our list, with only 9 percent of students now being admitted. But it ranked 25th overall on our payback ranking among the 50 schools we looked at.**

Top 5 Ivy League Schools
5. University of Pennsylvania

$60,900

Median Salary 3 Years After Graduation:

Out-of-State Degree Cost (Class of 2005): $114,652

Median Salary 15 Years After Graduation: $120,000

Out-of-State Degree Cost (Class of 1993): $61,572

Average Payback: 124%

Comment: Quakers graduate to earn some of the best salaries early in their career. But they also carry an average debt load of $18,800.*

Sources:
* College Board
** Peterson s
*** U.S. News & World Report

INVESTOR CENTER

MARKETS:
Chart
TODAY
Portfolio Chart

RESEARCH STOCKS & FUNDS

The Mortgage Calculator

See what your monthly payments will be

Should I borrow from my 401(k)/403(b)?

Stem your debt or your savings

See More Tools

Answer Engine
Find Answers to Life's Challenges  

Find solutions to this and many other problems using

Answer Engine from SmartMoney. 

Copyright 2012 Dow Jones & Company, Inc. All Rights Reserved
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit
www.djreprints.com.