California State University, Long Beach (CSULB) continues to make gains in the mid-career earnings potential of its graduates compared to other state universities across the country, according to the most recent College Salary Report released by PayScale.com.
With a mid-career median salary of $82,900, the Long Beach campus ranked 53rd among the 416 state universities listed in the 2011-12 salary report, placing it ahead of such notable institutions as Louisiana State University, Michigan State University, Arizona State University and Washington State University.
“As the cost of a bachelor’s degree continues to rise, it is important to know that the college you choose can give you a good return on your educational investment,” CSULB President F. King Alexander said. “Cal State Long Beach has been ranked as a ‘best value’ university by Kiplinger’ s Personal Finance magazine and the Princeton Review, and this PayScale report adds credibility to those rankings. We continue to offer our students an outstanding value while giving them the skills and tools they need to succeed in the job market.”
Mid-career employees are full-time employees with at least 10 years of experience in their career or field who hold a bachelor’s degree and no higher degrees. For the graduates in the 2011-12 data set, the typical mid-career employee is 42 years old and has 15 years of experience.
The CSULB mid-career median salary of $82,900 means half of the mid-career employees who are graduates of the school earn more than this salary, while the other half earn less.
CSULB has been moving up in the mid-career median salary rankings over the last couple of years. In the 2009-10 report, the campus ranked 67th among the nation’s state universities, and in the 2010-11 survey, CSULB moved up to 59th. Both years, the mid-career median salary for its graduates was $82,700.
All the data used to produce the 2011-12 report were collected from employees who successfully completed PayScale’s employee survey. Only employees who possessed a bachelor’s degree (and no higher degrees) are included. All reports are for graduates of schools from the United States who work in the United States, and only graduates who are employed full-time and paid with either an hourly wage or an annual salary are included.