Top 10 HBCUs That Produce High Earning Alumni
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Posted By: S. Moore on March 01, 2024 Attending an HBCU offers a compelling advantage: the opportunity to acquire vital skills that pave the way for significant earning prospects post-graduation.HBCUs often highlight their success stories, citing accomplished alumni across diverse industries to demonstrate the financial opportunities available to black college graduates. OnlineU conducted a study that listed the top ten HBCUs with the highest earning potential. In the article by Taylor Nichols, the data examined median earnings by college and compared it to the state salary threshold, which represents the median salary for Black graduates in that state with similar education levels. OnlineU collected all college data using the Equitable Value Explorer from the Postsecondary Value Commission. The median salaries indicate earnings 10 years after enrollment. The outlet compared each college's median alumni earnings to the Black Threshold 1 (Black T1), which shows the earnings premium for Black graduates with similar education levels in the same state. Though there is no disaggregated data available for Black HBCU graduates, our study focused on schools with a minimum of 50% Black student enrollment that primarily offers bachelor's degrees. Spelman College Median Salary: $62,186 State Salary Threshold: $45,782 Financial Payoff: $16,404 Xavier University of Louisiana Median Salary: $54,868 State Salary Threshold: $43,201 Financial Payoff: $11,667 Hampton University Median Salary: $60,069 State Salary Threshold: $49,217 Financial Payoff: $10,852 Morehouse College Median Salary: $56,104 State Salary Threshold: $45,782 Financial Payoff: $10,322 Tuskegee University Median Salary: $47,389 State Salary Threshold: $40,393 Financial Payoff: $6,996 Florida A&M University Median Salary: $47,106 State Salary Threshold: $41,952 Financial Payoff: $5,154 Howard University Median Salary: $64,198 State Salary Threshold: $59,518 Financial Payoff: $4,680 North Carolina A&T State University Median Salary: $47,942 State Salary Threshold: $43,494 Financial Payoff: $4,448 Jackson State University Median Salary: $39,095 State Salary Threshold: $34,959 Financial Payoff: $4,136 Oakwood University Median Salary: $44,518 State Salary Threshold: $40,393 Financial Payoff: $4,125 Based on the data gathered by OnlineU, it is clear that there are several public and private HBCUs that provide a strong financial payoff for their graduates. These institutions not only offer a high-quality education but also prepare students for successful careers after graduation. Spelman College tops the list, which is typical for the institution. With a median salary of $62,186 and a state salary threshold of $45,782, Spelman College provides an impressive financial payoff of $16,404 for its graduates. This prestigious all-female institution has a long history of producing successful professionals in various fields such as business, medicine, law, and more. Spelman also ranks high on another notable list, including U.S. News & World Report's latest rankings of the top ten HBCUs. SOURCE Clutch Points If you enjoyed this article, Join HBCU CONNECT today for similar content and opportunities via email! |
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