As expected, many Bay Area institutions have been included in Forbes Magazine’s 2010 list of the top colleges and universities that can make their students rich. In fact, six of the top 14 schools in Forbes’ list are located within an hour of Dublin, CA: Stanford University (3), Santa Clara University (4), St. Mary’s College (5), UC Berkeley (12), University of San Francisco (13), and San Jose State University (14).
Forbes scoured data from 611 colleges and universities across the country and identified the schools that had alumni with earnings that far exceeded their salary expectations based on their field of study. Forbes was also sure to control for student background so that the top institutions were picked based purely on their ability to help boost the earnings for their graduates.
Five variables were highly correlated with earnings including institution acceptance rates, percentage of the student body with majors in Science, Technology, Engineering, or Math (STEM) fields, and SAT scores. All data used were provided by the Center for College Affordability and Productivity (CCAP) and are the same information as those used to determine Forbes’ 2010 list of America’s Best Colleges.
“These are the colleges who can take a group of students that, statistically speaking, shouldn’t go on to earn much, and help them beat the odds and make big bucks,” Forbes Magazine’s Natalie Doss noted.
The six top Bay Area institutions represented in Forbes list of colleges that will make you rich provide the Tri-Valley’s top high school students with a panoply of options to choose from depending on factors such as their financial means, religious beliefs, and fields of study. “My experiences as a St. Mary’s College student and member of its Board of Regents provided me with the knowledge and many different perspectives to be even more successful in my career. The St. Mary’s curriculum, professors, and staff are of the highest caliber, and my involvement with the college continues to be very rewarding,” said Shirley O. Griffin, executive vice president for Wells Fargo’s Commercial Real Estate group in San Francisco.
The Around Dublin Team would like to thank reader Patrick Y. for bringing to our attention how well represented the Bay Area colleges and universities are on Forbes Magazine’s list.