High Alumni Salaries + High Seed = Tourney Exit
What do Duke, Georgetown, and Vanderbilt universities have in common? High-earning alumni, a high seed, and an early exit from the NCAA Div. I men’s basketball tournament.
When it comes to alumni salaries, the teams which made the sweet 16 are not much different from the 65 who started the tournament. The average of alumni salaries for the 16 remaining schools is $71,600 per year vs. an average of $69,100 for all 65 schools. The difference is a scant 3.6%, which is not statistically meaningful.
However, our analysis of the 1 to 4 seeds that did not make it to the Sweet 16 (Connecticut, Duke, Georgetown, Pittsburgh and Vanderbilt), reveals a startling pattern: the average of these schools’ graduates’ salaries is $82,800, more than $10,000 above the average of the schools that did survive the first weekend.
Duke (2 seed, $96,800), Georgetown (2 seed, $92,500) and Vanderbilt (4 seed, $83,400), have particularly well-heeled alumni, with median salaries in the top 8 of all 65 schools, and are all out.
If this pattern holds up - high pay + high seed = tourney exit - which schools are at risk to not make the final 4?
Stanford University (3 seed, $113,000), UCLA (1 seed, $86,600) and University of Texas (2 seed, $83,400) all have alumni who earn well above the NCAA Men’s Basketball tournament average; these should be the next high seed and high pay schools to fall.
Which school is a good bet to go all the way? I am putting my money on Michigan State (5 seed, $68,900), since its median alumni salary is closest to the tournament average. :-)
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