As if local universities needed more bragging rights, students from The University of Texas Health Science Center at San Antonio have among the highest initial earning potential among all Texas graduates.
Financial website SmartAsset ranked the top 10 Texas colleges where students earn the best average starting salaries upon graduation, and UT Health San Antonio came in No. 3 in the state. On average, graduates from the school command an annual salary of $57,800 in their first job out of school.
These findings come in an era where students are taking on staggering amounts of debt vs. future income. The average annual growth rate for the cost to attend a four-year university between 1989 and 2016 was 2.6 percent per year, compared to a low 0.3 percent annual growth in wages, according to SmartAsset.
Rounding out the top three are two Houston-area schools: Rice University at No. 1 followed by The University of Texas Medical Branch, Galveston (No. 2). Rice grads earn an average of $65,700 their first year out of school while students of UTMB earn an average of $60,000 upon entering the workforce.
Here is the breakdown of the 10 Texas schools with the highest starting salaries:
- Rice University, Houston, $65,700
- The University of Texas Medical Branch, Galveston, $60,000
- The University of Texas Health Science Center, San Antonio, $57,800
- Texas A&M University, College Station, $57,200
- The University of Texas, Austin, $56,900
- LeTourneau University, Longview, $55,300
- Southern Methodist University, Dallas, $55,000
- Prairie View A&M University, Prairie View, $54,300
- The University of Texas at Dallas, Richardson, $53,600
- Texas Tech University, Lubbock, $49,375