Return on your college investment

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Students who apply for college, as well as their parents, might take heart in learning that a degree from a prestigious school is not all that counts when it comes to return on investment. Sure, the median Harvard graduates, for example, make more money than grads from other schools, but not every Harvard graduate is a top earner. The top 25 percent of Rutgers graduates, for example, paid significantly less tuition yet outearned more than half of all Harvard graduates by mid-career, according to Payscale.com. A key factor that pays off in higher wages: type of major.