College scorecard update
The earnings shown are the median earnings of people who attended that school (whether or not they graduated) based on matching federal financial aid forms to tax return data. It’s very legit data, but interpretation can still be difficult. The earnings are an average of two years of tax returns for each student, and are only shown if there are at least 30 students in the sample.
It also gives you a statistic related to variance, that his what percent of graduates earn less then the median income for people only with high school education. Nursing schools have the least variance. A higher percentage of Ivy League grads are earning less.
HOWEVER it does’t account for people voluntarily removing themselves from the labor force, so Ivy League women are more likely to be married and stay at home moms than nursing school graduates who are more prole and less likely to have rich husbands who can support them.
More information about the data here: https://collegescorecard.ed.gov/data/