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Paychecks and Higher Education - 10/7/16

If you are a high school senior, you may be thinking long and hard about the institutions of higher education you may want to attend.  By now, you should have figured out that while money isn’t everything, it is an unavoidable aspect of our shared human existence. 

A recently released Payscale report ranks colleges based upon the size of their graduates paychecks ten years at least ten years after finishing school.  As reported by CNNMoney, Maritime College, a school in the State University of New York system, had the highest paid graduates for the second year in a row. 

Its degree programs are limited to technology, engineering, science and math degrees and target maritime industries and jobs like mechanical engineering, marine engineering, and ocean export agents.  Harvard and MIT ranked second and third. 

The highest ranked Maryland instiution came in a number seven, the U.S. Naval Academy in Annapolis.  Indeed, there is no shortage of institutions in Maryland associated with highly paid graduates.  Among the other schools to be highly ranked are Loyola University, UMBC, the University of Maryland, College Park and Johns Hopkins University.   

Anirban Basu, Chariman Chief Executive Officer of Sage Policy Group (SPG), is one of the Mid-Atlantic region's leading economic consultants. Prior to founding SPG he was Chairman and CEO of Optimal Solutions Group, a company he co-founded and which continues to operate. Anirban has also served as Director of Applied Economics and Senior Economist for RESI, where he used his extensive knowledge of the Mid-Atlantic region to support numerous clients in their strategic decision-making processes. Clients have included the Maryland Department of Transportation, St. Paul Companies, Baltimore Symphony Orchestra Players Committee and the Martin O'Malley mayoral campaign.