Just how much more?

Inside Higher Ed reports.

Study finds graduates of most selective colleges enjoy earnings payoff

With regularity, various groups issue reports on the colleges whose graduates earn the highest postgraduation salaries. Typically, those are colleges that are among the most competitive in admissions. The Obama administration’s College Scorecard, while not ranking colleges, includes a postgraduation earnings figure that many others have used to compare colleges. Harvard University graduates, per the federal database, are earning on average $87,200 10 years after entering college, while the figure of nearby University of Massachusetts at Boston is just under $46,000.

Such data result in countless clickbait articles such as “The Best Five Colleges to Attend if You Want to Be a Millionaire.” (Spoiler alert: Harvard is on the list, UMass Boston is not.) But there is another category of popular article on colleges and success in life that might be summarized by this headline: “Forget Harvard and Stanford. It Really Doesn’t Matter Where You Go to College.”