Colleges with the highest-paid grads

Wellesley, Mass.-based Babson College

Rank: 5
Mid-career salary: $123,000
Starting salary: $59,700
% of grads who think their job is meaningful: 39%

A nearly century-old private business school located near Boston, Babson puts a heavy emphasis on entrepreneurship. From day one, undergrads at this private business school embark on an intensive curriculum that includes both management and entrepreneurship.

Related: 10 hard-to-fill jobs

While graduates here earn a good wage, only 39% report that their job makes the world a better place, according to PayScale's survey.

First published October 23, 2013: 12:50 PM ET

Source: PayScale.com. Data used in the College Salary Report came from surveys completed by roughly 1.4 million college graduates of 1,016 colleges and universities, which represent 75% of all bachelor's degree recipients in the U.S. Graduates with advanced degrees were excluded from the results. Only full-time, civilian workers based in the 50 states and District of Columbia were counted. Mid-career results were based on median salaries of graduates with 10 years of work experience. Whether a job is meaningful is based on the percentage of graduates who answered "Very much so" and "Yes" to the question: "Does your work make the world a better place?"

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