Pace Ranks High on List of Underrated Colleges

Move over, U.S. News and World Report—Business Insider has come up with its own college ranking.

And this one is based on something dear to the heart of parents and students in this lingering recessionish economy: future income.

"So how good are the famous college rankings from U.S. News and World Report at predicting future income?" asks the magazine. "It turns out there are some majorly underrated and overrated schools."

One of the most underrated, the study found, is Pace University—with its campuses in White Plains, Pleasantville, Briarcliff and Manhattan.

Very underrated, actually, coming in No. 5 in the top 25. 

Business Insider compared the U.S. News and World Report rankings with PayScale's mid-career salary list, looking for outliers. 

Here's what they say about Pace:

Ranked #348 in our composite of U.S. News's college and university lists.

Ranked #160 in PayScale's mid-career salary list.

Pace began in 1906 as a school for accountancy and business, but today it's much more varied with schools focusing on health professions, education, computer science, and general arts and sciences. Pace has campuses in both New York City and Westchester, providing students with access to great internships and opportunities in the city.

The schools ranks low on US News' list at #174, but it made Forbes' list of Colleges That Will Make You Rich, with graduates earning an average mid-career salary of $85,600.

So what is No. 1 on the list? The University of Massachusetts—Lowell. 

Read the full methodology here.