Posted September 6th, 2010
As the fall semester opens today at Polytechnic Institute of New York University (NYU-Poly), students are returning to the school ranked 10th in the nation among “Colleges That Will Make You Rich” by the editors of Forbes.
In an article accompanying the listing, Forbes singled out NYU-Poly as one of the surprises on the list: “Take, for instance, the No. 10 school, Polytechnic Institute of NYU, based in Brooklyn, New York. More than 70 percent of its students receive Pell Grants, yet alumni earn an average $101,069 — almost as much as alumni from Harvard.” Pell Grants are federal college grants for students from low-income families, often earning less than $20,000 per year.
“For 156 years, NYU-Poly has been a portal to success for the best and brightest technical students,” said President Jerry M. Hultin. “Measurements such as the Forbes survey reinforce our commitment to an academic philosophy that we call i-squared-e, for invention, innovation and entrepreneurship. They demonstrate that we are preparing our students to change society and contribute to the financial well-being of their communities.”
Last week’s Forbes ranking follows several others that cited similar successes at NYU-Poly: U.S. News and World Report recently ranked NYU-Poly 22nd in the nation in economic diversity, and Payscale.com recently ranked NYU-Poly fifth among all engineering schools in salary potential. All measure data for undergraduate schools only.
In explaining the Forbes methodology, writer Natalie Doss wrote: “…we’re interested in schools that raise their students above salary expectations. These are the colleges who can take a group of students that, statistically speaking, shouldn’t go on to earn much — and help them beat the odds and make big bucks.”
Polytechnic Institute of New York University (formerly Polytechnic University), an affiliate of New York University, is a comprehensive school of engineering, applied sciences, technology and research, and is rooted in a 156-year tradition of invention, innovation and entrepreneurship: i2e. The institution, founded in 1854, is the nation’s second-oldest private engineering school. In addition to its main campus in New York City at MetroTech Center in downtown Brooklyn, it also offers programs at sites throughout the region and around the globe. Globally, NYU-Poly has programs in Israel, China and is an integral part of NYU's campus in Abu Dhabi.