California Institute of Technology

California Institute of Technology is a private college located in Pasadena, CA. It is an extremely respected institution, currently ranked 18th in America. Admission is as competitive as a heavyweight title fight (7% acceptance rate). It has a very small sized student body with 912 full-time undergrads in attendance. Caltech has 17 unique majors across three disciplines. The most frequent choices are Computer Science, Physics, and Electrical Engineering, which when pooled are chosen by 53% of students. If you would like to get a degree in physics or chemistry and have what it takes to get in, Caltech is an incredible school for you, because it ranks second nationwide for both these fields. What's more, Caltech is 2nd in CA for top private universities. For California-based students, full price tuition runs $49,743 a year; non-California students, however, need to pay $54,980. That being said, 63% of Caltech undergraduates secure monetary aid. 93% of California Institute of Technology students end up finishing their college education with a degree in hand, ready to enter the labor market. A couple years after receiving their degrees, alumni take home an average yearly income of $54,500. After an additional four years on the job, the alumni's average annual salary climbs 57.6% to $85,900, which is over double the national median salary. Some of you may also like to be aware that half of the accepted scored between 790 and 800 on the SAT math portion. Secondly, 23% of classes have 20 to 39 students. With respect to your checkbook, be aware that Caltech students awarded Pell grants receive $5,217 in aid on average and the average student spends around $9,339 on housing each year. Respecting demographics, students aged 18 to 19 make up 43% of the student body at Caltech and students not from California make up 58% of the student body. With regard to life on campus, 85% of undergraduates live in on-campus housing. Lastly, the lowest-earning quarter of graduates earn $47,300 or less six years after completing their studies and the lowest-earning fourth of graduates receive a starting salary of $25,400 or less.