Archive for July, 2009
The New York Times Reporting on Harvey Mudd College Pay Is Misleading
Posted by: | CommentsSo you may or may not know that I went to a tiny little engineering college out in Claremont, CA called Harvey Mudd College. Don’t worry if you’ve never heard of this school. More people are familiar with Stanford University, Harvard University, and that a “zygote” is a biology term used to describe the first stage of a new unique organism when it consists of just a single cell.
Most of the time when upon being asked where I got my Bachelor’s from, I reply, “Harvey Mudd Colleg.e”
Folks give me a quizzical look and go, “Oh, Harvard?”
Yeah… my Chinese accent is THAT heavy, riiiggghhht. !!!
Anyway, suffice to say, my parents are uber proud of the fact that I got my computer engineering degree there and that my younger sister is also pursuing a degree there – with it being a “prestigious” school and all. So they are always on the lookout for any HMC related news.
Well, a few days ago they gleefully shared this nifty little article with me done by the New York Times: “Do Elite Colleges Produce the Best-Paid Graduates?”
In it, the artile shared two key graphs demonstrating the top earning powers of graduates with undergraduate degrees and also the top paid majors.
Here they are:


As you can see, the top chart ranks Harvey Mudd College in the top 5 of the highest paid graduates in the nation. And you can also see that in the second chart, that aerospace engineers are among the highest paid within this context Even though...»
Not Telling the Whole Story…
While the article and the charts do help illustrate what a great school Harvey Mudd College is, no matter how many people confuse it for Harvard, it’s not telling the whole story. So I took the liberty of putting together the final pieces. Here it goes:


See, I’ve been an “graduated-from-Harvey-Mudd-College-engineer” so I can attest to the charts New York Times reported. I’ve also had the fortune of LEAVING that engineering career behind me and going full time into entrepreneurship, which is what I am doing now, so I can tell ya the second set of charts are true as well.
As engineers/jobbers, someone ELSE control how much money you make, as an entrepreneur, YOU decide how much you make. The choice is yours
For me, the choice was obvious and simple – infinity here I come!
Raymond Fong
P.S. I am thinking of submitting it to them so they can make the correction on their next issue…
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