PayScale ranks Centre College #1 in Kentucky and #41 in nation for alumni earners

Posted by Centre News in News, Rankings 02 Sep 2015

Centre College Campus SunriseFurther supporting its position among the nation’s best educational values, Centre College has been ranked #1 in Kentucky among all four-year colleges and universities, and #41 in the nation among best liberal arts colleges, for the highest-paid bachelor’s degree graduates by PayScale.

According to PayScale’s 2015-2016 college salary report, Centre graduates earn an early-career median salary of $39,700 and a mid-career median salary of $86,700. Combined with the fact that the College’s graduates are employed or pursuing advanced study in near perfect numbers—95 percent are headed to work or have enrolled in graduate school within one year of graduation—it is clear that consistently maintaining such high returns on investment is one major reason why Centre alums are the #1 happiest graduates in the nation.

PayScale, an online crowdsourced salary database, uses a methodology that ranks colleges and universities across multiple degree levels, including associate, bachelor and graduate-level degree programs. The rankings are further broken down by state, school type and major pursued, with reports on the earning potential of 142 majors at the associates level, 319 majors at the bachelor’s level and 288 graduate-level degrees.

“It’s no real surprise that we would be #1 in this report—one that highlights our graduates in their first job and, perhaps, more importantly, their last or next to last job when they are exerting considerable influence and leadership in their chosen field, making the very best use of their Centre College education,” Centre President John A. Roush said. “It’s what we do here at Centre.”

Widely lauded in recent months for its exceptional “bang for the buck” by Money magazine, Fiske Guide to Colleges, Princeton Review and Washington Monthly, Centre is dedicated to offering students an outstanding education at a great value.

Outcomes displayed by the success of recent graduates reveal that 68 percent of the Class of 2014 are employed at a diverse range of companies throughout the world, with the top five industries representing Centre’s commitment to cultivating globally minded citizens. International affairs topped the list (15 percent of employed graduates), followed by financial services (10 percent), along with health and medicine, education and non-profits (all nine percent).

Centre alumni also engage in opportunities across the globe through such programs as the Princeton in Asia Fellowship in Vietnam, the French Government Teaching Assistantship in France, the Rotary Global Grand Scholarship at the London School of Economics in England, the JET Programme in Japan, the Fulbright program in Moldova and the Peace Corps.

Additionally, more than a quarter of the Class of 2014 began pursuing graduate and professional degrees within only a year of graduation, enrolled in such prestigious institutions as Emory School of Medicine, Johns Hopkins University, UNC Chapel Hill and Vanderbilt University, among others. Notably, 15 percent of the same class are pursuing medical degrees, contributing to the average of 80 percent of Centre graduates over the last 10 years being accepted to medical school on their first application.

The success of Centre alumni can certainly be linked to undergraduate opportunities for career preparedness as part of the Centre Commitment, which guarantees every student an internship or research opportunity as well as study abroad and graduation in four years. Centre students take advantage of this guarantee in impressive numbers, with 90 percent gaining a career-ready edge by participating in either an internship and/or research during their four years at the College.

See the complete PayScale 2015-2016 College Salary Report here and The Best Liberal Arts Colleges by Salary Potential report here.

by Centre College News
September 2, 2015

 

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