ByNEIL PARMAR
In a new twist>For 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>



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