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by jobowoo 2994 days ago
I was able to find this site that compares average income by where students went to college.

CSU Stanislaus: $47,000 (early career), $90,300 (mid career) MIT: $81,500 (early career), $147,000 (mid career)

Early career is 0-5 years experience. Mid career is 10+ years experience.

https://www.payscale.com/college-salary-report/bachelors?pag...

Obviously, we can't say that prestige of college and income are causal but the correlation is definitely there.

2 comments

In order to establish some degree of causality we would have to look only at the population of students accepted to both schools. That way you're starting from a comparable baseline.
Also you'd have to control for major. MIT produces a lot of people working in technical fields with a higher average income. Cal State awards a broader range of degrees.
Meh, I’m making more at mid career than the equivalent MIT grad, and I went to a flyover state university. Don’t sweat it. Just get good at what you like to do and the money will come naturally.