The 18 private colleges where students go on to earn the most money

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Private colleges tend to be more expensive than their public counterparts.

However, at the following schools, the payoff is worth the extra cost.

PayScale, the creator of the world's largest compensation database, recently looked at the starting and mid-career pay for over a million college grads — including professionals who graduated with a bachelor's from 963 colleges and universities.

For its College Salary Report, which was compiled using data from employees who successfully completed PayScale's employee survey, PayScale sorted the results by college major, degree, college, and type of school.

Students with a bachelor's degree from these private colleges go on to earn the highest salaries 10-plus years into their career:

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The 18 private colleges where students go on to earn the most money
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The 18 private colleges where students go on to earn the most money

18. Wabash College

Early career median pay: $59,000

Mid-career median pay: $121,000

Alumni who believe their work makes the world a better place: 55%

Undergraduate enrollment: 926

(Photo by: Education Images/UIG via Getty Images)

16. (tie) Williams College

Early career median pay: $54,900

Mid-career median pay: $122,000

Alumni who believe their work makes the world a better place: 56%

Undergraduate enrollment: 2,072

(Barry Winiker via Getty Images)

16. (tie) Santa Clara University

Early career median pay: $62,500

Mid-career median pay: $122,000

Alumni who believe their work makes the world a better place: 49%

Undergraduate enrollment: 5,486

(Mariusz Jurgielewicz via Getty Images)

15. Georgetown University

Early career median pay: $58,300

Mid-career median pay: $123,000

Alumni who believe their work makes the world a better place: 53%

Undergraduate enrollment: 7,595

(John Woodworth / robertharding via Getty Images)

13. (tie) Clarkson University

Early career median pay: $63,500

Mid-career median pay: $124,000

Alumni who believe their work makes the world a better place: 55%

Undergraduate enrollment: 3,247

(Wikipedia Commons)

13. (tie) Dartmouth College

Early career median pay: $62,600

Mid-career median pay: $124,000

Alumni who believe their work makes the world a better place: 57%

Undergraduate enrollment: 4,289

(Jerry Moorman via Getty Images)

11. (tie) Duke University

Early career median pay: $63,000

Mid-career median pay: $125,000

Alumni who believe their work makes the world a better place: 60% 

Undergraduate enrollment: 6,626

(Photo by Lance King/Getty Images)

11. (tie) California Institute of Technology 

Early career median pay: $78,400

Mid-career median pay: $125,000

Alumni who believe their work makes the world a better place: 59%

Undergraduate enrollment: 983

(Danita Delimont via Getty Images)

10. Carnegie Mellon University

Early career median pay: $71,700

Mid-career median pay: $126,000

Alumni who believe their work makes the world a better place: 51%

Undergraduate enrollment: 5,888

(tupungato via Getty Images)

9. Yale University

Early career median pay: $62,500

Mid-career median pay: $129,000

Alumni who believe their work makes the world a better place: 66%

Undergraduate enrollment: 5,477

(uschools via Getty Images)

7. (tie) University of Pennsylvania

Early career median pay: $65,300

Mid-career median pay: $130,000

Alumni who believe their work makes the world a better place: 56%

Undergraduate enrollment: 11,548

(f11photo via Getty Images)

7. (tie) Babson College

Early career median pay: $60,100

Mid-career median pay: $130,000

Alumni who believe their work makes the world a better place: 36%

Undergraduate enrollment: 2,107

(Photo by David L. Ryan/The Boston Globe via Getty Images)

 

6. Harvey Mudd College

Early career median pay: $77,700

Mid-career median pay: $132,000

Alumni who believe their work makes the world a better place: 68%

Undergraduate enrollment: 804

(Photo by Ted Soqui/Corbis via Getty Images)

5. Stanford University

Early career median pay: $75,800

Mid-career median pay: $134,000

Alumni who believe their work makes the world a better place: 65%

Undergraduate enrollment: 7,019

Michael Layefsky via Getty Images


 

4. Princeton University

Early career median pay: $67,300

Mid-career median pay: $135,000

Alumni who believe their work makes the world a better place: 60%

Undergraduate enrollment: 5,391

Andriy Prokopenko via Getty Images

2. Massachusetts Institute of Technology (MIT)

Early career median pay: $81,100

Mid-career median pay: $140,000

Alumni who believe their work makes the world a better place: 62%

Undergraduate enrollment: 4, 512

REUTERS/Brian Snyder

1. Harvard University

Early career median pay: $66,600

Mid-career median pay: $141,000

Alumni who believe their work makes the world a better place: 64%

Undergraduate enrollment: 10,338

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SEE ALSO: 25 college majors with the highest starting salaries


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