Graduates’ earnings rank high in Money magazine study

By University Communications
July 15, 2016
UW-Stout students speak with a corporate recruiter at the Spring Career Conference on campus.

Photo: UW-Stout students speak with a corporate recruiter
at the Spring Career Conference on campus.

 A new study shows that graduates of University of Wisconsin-Stout make more money in the first five years of their careers than all but two other institutions in the UW System.

Money magazine’s 2016 college ratings showed that UW-Stout’s graduates made an average of $47,400 in the first five years of their careers. Just two other public universities — UW-Madison and UW-Platteville — had higher average earnings.

“Everyone knows that UW-Stout graduates have amazing success at getting that all-important first job,” said Chancellor Bob Meyer, citing the fact that 2014-15 graduates had a 97.3 percent employment rate within six months of leaving campus.

“This new study by Money confirms that not only are our graduates getting jobs, they are getting jobs that pay extremely well,” Meyer said. “That’s a winning combination.”

Money said it based its earning rankings on data from the federal Internal Revenue Service, and the Brookings Institution.

Money said in its report: “As the state’s polytechnic university, UW-Stout’s curriculum has a career focus, and the university works closely with business and industry to prepare students.”

The 2014-15 report published by the UW-Stout Career Services office revealed that new graduates in 13 majors had average salaries of $50,000 or more. Graduates in 20 of the 48 undergraduate majors had 100 percent employment rates.

Meyer said UW-Stout’s record enrollment in the last two years— and a strong enrollment forecast for this fall — is strong evidence that prospective students and their parents are favoring UW-Stout because of its excellent reputation for graduate success in the workplace.

“We have added a number of new and exciting majors that correspond to employers’ needs,” Meyer said, noting that the relatively new mechanical engineering major has about 200 freshmen enrolled in the fall.  “This study will continue to build the case that UW-Stout produces graduates who get good jobs that pay extremely well.”