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Press release content from Accesswire. The AP news staff was not involved in its creation.

An Ivy League Education Boosts Your Earnings by 29%

March 10, 2021 GMT

LONDON, UK / ACCESSWIRE / March 10, 2021 / Research from Ezra, one of the leading global providers of digital coaching, has looked at the cost of an Ivy League education and to what extent it can increase your earning potential during your career.

When we think of an Ivy League school, the first thing that comes to mind is sports. It is no secret that these particular schools originally stood out due to their regard and influence in the sporting world.

Nowadays, though, although the athletic realm is still of major importance, Ivy League schools have a reputation both athletically and academically, offering impressive career opportunities to the selected excellent candidates that are able to attend.

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With these schools being so renowned, it is no surprise that the cost of attending is substantially higher compared to other educational paths.

The cost of an Ivy League education currently averages $52,634 a year for undergrad and graduate students, double that of a private school ($35,087).

When comparing education costs of Ivy League to public schools, the difference is even more astronomical. An Ivy League education costs 148% more than a public out-of-state education ($21,184) and 443% more than the cost of opting for the public in-state path ($9,687).

This huge disparity in the cost of an Ivy League education highlights the innate inequality of access to these institutions across the United States. Although a very small percentage of the student population will benefit from financial help, the vast majority remain impeded in terms of what school they can attend based on the financial foundation they have beneath them.

Of course, attending an Ivy League school is an accomplishment, but for those looking for the most prestigious, the research by Ezra shows that Browns University sits at the top of the list based on attendance fees. The average cost of tuition and fees both for undergraduates and graduates at Brown comes in at a huge $60,529.

Although Browns is the most expensive overall, it is, in fact, Columbia University which has the highest average tuition and fees of any of the Ivy League schools. Where education costs specifically for undergraduates are concerned, rates average $61,671.

The most affordable of all the Ivy League’s is Cornell University, with tuition and fees averaging $42,187 for both undergraduate and graduates.

So what does paying up to 443% more for tuition mean for your career? Ezra’s also analysed data on earnings across candidates to have received varying levels of education, both in their early and later careers.

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The research shows that the average annual earnings for someone with an Ivy League school education average an impressive $76,432 in their early career.

This is 13.3% higher than a private school graduate ($67,479) and 21.7% more than someone educated via the public school route ($62,821).

This difference in earnings is even more pronounced as their career progresses, with the average salary for an Ivy League attendee in their mid-career hitting $150,139. In contrast, private school students earn 14.3% less ($131,407) and those with public school educations take home $116.631, 28.7% less.

Founder of Ezra, Nick Goldberg, commented:

“There’s no doubt that the presence of an Ivy League education on your resume will help cut through the noise once you reach the working world, and while it will cost you more to secure, the long-term financial benefits are also clear.

The importance of a good education is clear, and those lucky enough to receive a better level of learning are more likely to find greater career success. However, that doesn’t mean you have to sit back and accept your lot in life.

Working on your personal and professional development can help you bridge the gap within the workplace and ensure you demonstrate the learning, growth, and development that is required to climb through the ranks.”

Type of School

Average estimated tuition and fees (2020/21)

Difference to Ivy League Schools

Ivy League

$52,634

N/A

Private

$35,087

50%

Public (out of state)

$21,184

148%

Public (in state)

$9,687

443%

Source: College Tuition Compare

Ivy League Institutions

Undergrad tuition and fees (2020/21)

Graduate tuition and fees

Average all tuition and fees (geomean)

Brown University

$60,696

$60,363

$60,529

Dartmouth College

$60,117

$58,120

$59,110

Columbia University

$61,671

$51,194

$56,189

Princeton University

$48,502

$56,470

$52,335

Harvard University

$54,002

$50,654

$52,301

Yale University

$57,700

$44,500

$50,672

University of Pennsylvania

$60,042

$41,760

$50,073

Cornell University

$59,282

$30,022

$42,187

Ivy league average

$57,593

$48,102

$52,634

Source: College Tuition Compare

Estimated average 'early career' pay

Type of School

Estimated average 'early career' pay

Difference to Ivy League Schools

Ivy League

$76,432

N/A

Private

$67,479

13.30%

Public

$62,821

21.70%

Source: Pay Scale (2020)

Estimated average 'mid-career' pay

Type of School

Estimated average 'mid-career' pay

Difference to Ivy League Schools

Ivy League

$150,139

N/A

Private

$131,407

14.30%

Public

$116,631

28.70%

Source: Pay Scale (2020)

About Ezra

Ezra delivers the highest quality professional coaching to your employees using industry-leading app-based technology. It has redesigned coaching for the digital age to transform your company’s workforce through affordable, scalable and high-impact coaching solutions. With world-class technology enabling quality coaching sessions, seamless user journey and regular reporting like never before. With 50+ years’ experience delivering world-class coaching in 66 countries Ezra best placed to drive the coaching revolution and share our knowledge to create better managers, more energized teams and a culture of talking, learning and growing across the world. It supports many of the world’s leading companies with targeted and highly customised coaching programmes. Ezra uses innovative technology to achieve the greatest user experience, but the heart of the service is the quality and diversity of their 2000+ global coaching pool and their result driven model of coaching which delivers the very best ROI for our customers. Now, everyone can be better with a coach. www.helloezra.com

CONTACT:

Name: James

Email: James@properganda.pr

Phone: 00447584248960

Links

http://www.helloezra.com/

SOURCE: Ezra

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