Forbes’ New Ivies: Smart Master’s Degree Alternatives to the Ivy League

Forbes' New Ivies 2025

The field of education is evolving! In short, if you are considering a Master’s degree in the United States, you should be aware of the “New Ivies.”

Having worked in the field of student counseling for many years, I have seen this change take place firsthand. Ambitious students have always aspired to attend the traditional Ivy League universities (Yale, Harvard, and their six allies).

However, Forbes recently released its “New Ivies 2025” list, and believe me, employers are taking notice.

What’s crazy? These 20 outstanding schools— 10 public and 10 private—are not only replacements for the Ancient Eight; in many aspects, they are outperforming them in the areas that matter most, such as landing a job and starting a career.

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What Are the "New Ivies" (And Why Should You Care)?

The “New Ivies” aren’t simply another college rating that is easy to find. They mark a major change in the American definition of elite education.

Forbes identified these schools based on several key factors:

Why this is important for your Master’s program: These universities blend practicality with uniqueness. They provide you with the brand recognition and network you desire, together with the real talents that companies are looking for.

The Great Employer Shift: Why Companies Are Cooling on Traditional Ivies

Here’s something that would have been stunning five years ago: a Forbes survey of 380+ executives and managers found that the chance of employing Ivy League graduates has decreased by 37% in only five years.

Ivy League graduates are now more likely to get hired, according to just 6% of hiring managers. In contrast, 38% prefer non-Ivy League private college graduates, and 42% are more interested in graduates of public universities.

The skills gap is real: Four in ten employers told Forbes that Ivy League schools are doing a worse job preparing entry-level candidates than five years ago.

Value perception is changing: Many hiring managers mentioned that Ivy League candidates can be “overvalued” and sometimes bring an “ego” that doesn’t mesh with entry-level positions. .

The gap is closing : As one VP at a major company put it: “The gap between graduates from Ivies and other public/private universities is shrinking.”.

This change goes beyond words; it is changing the way that industries hire people. This indicates a significant shift in the ROI calculation for your Master’s option..

Meet the Public "New Ivies" :  Excellence Without the Price Tag

The public Ivies listed by Forbes offer excellent value for the money.
University Comparison
InstitutionStateAcceptance RateMedian SATKey Strength
Georgia TechGeorgia16%1450Engineering & Computing
Purdue UniversityIndiana50%1320STEM Leadership & Innovation
University of Texas at AustinTexas29%1370Business & Research
U.S. Military AcademyNew York14%1330Leadership Development
University of Illinois Urbana-ChampaignIllinois44%1410Tech Industry Connections
University of Michigan-Ann ArborMichigan18%1470Liberal Arts & Professional Studies
UNC Chapel HillNorth Carolina19%1470Healthcare & Life Sciences
University of PittsburghPennsylvania50%1360Medical Research & Healthcare
University of VirginiaVirginia17%1490Public Policy & Governance
William & MaryVirginia33%1450Liberal Arts & Government Service
As a counselor, I’ve seen students succeed at these schools. The public “New Ivies” offer:

Spotlight: University of Michigan-Ann Arbor

Michigan strikes the ideal mix between innovative technologies, especially in business, health, and technology, and a strong liberal arts legacy. Their Ross School of Business BBA Class of 2023 reported a median base salary of US$100,000, with 99.1% receiving job offers by September 30th.

For Master’s students, this track record matters – It demonstrates the depth of your job connections and alumni networks. Michigan’s overall undergraduate placement rate hits 95%, with Google, IBM, Amazon, Deloitte, and Microsoft among the top employers.

The Private "New Ivies":  Elite Without the Ivy

The private universities on the list provide specific expertise together with significant academic firepower:
Top Universities Comparison
InstitutionStateAcceptance RateMedian SATKey Strength
Carnegie MellonPennsylvania11%1540Computer Science & Arts
Emory UniversityGeorgia11%1520Healthcare & Business
Georgetown UniversityDC13%1500International Affairs & Public Policy
Johns HopkinsMaryland8%1550Medicine & Public Health
NorthwesternIllinois7%1530Journalism & Performing Arts
Rice UniversityTexas8%1550Engineering & Natural Sciences
Tufts UniversityMassachusetts10%1510International Studies & Medicine
Notre DameIndiana12%1500Business Ethics & Catholic Education
VanderbiltTennessee6%1540Medicine & Education
Washington University in St. LouisMissouri12%1540Medicine & Social Work

These schools aren’t playing around. They’re often more selective than some traditional Ivies, with acceptance rates as low as 6% (Vanderbilt) and median SAT scores topping 1540.

From my counseling perspective, these private “New Ivies” excel at:

Spotlight: Johns Hopkins University

With a typical SAT of about 1550 and an admittance rate of 7-8 percent, Johns Hopkins offers classic Ivy League selectivity with a more realistic focus. The university reports that 91% of undergraduates are employed full-time or in graduate school within six months of graduation, with an average starting salary of $76,800.

Perhaps most impressively, 100% of Fortune 100 companies employ Hopkins graduates, showing the breadth of its network across industries.

New Ivies vs.  Traditional Ivies: A Fresh Calculation

The contrast between New Ivies and old Ivies has never been more fascinating when considering Master’s possibilities. This is how they compare:

Cost & ROI: A Game-Changer

The cost difference is stark:
In my counseling practice, I’ve seen this math make or break financial futures. For Master’s students who may already have undergraduate debt, the public “New Ivies” offer an exceptional value proposition, especially in high-demand fields like computer science, engineering, and business

Selectivity: The Gap Has Closed

The selectivity gap has effectively vanished:
These days, private New Ivies like Vanderbilt (6%), Johns Hopkins (8%), and Northwestern (7%), which are frequently more competitive than certain traditional Ivy League colleges, rank among the most selective universities in America.

Student Demographics & Campus Culture

In my experience, students find more diverse geographic and socioeconomic environments at many “New Ivies” compared to some traditional Ivy League institutions. For example, Georgia Tech’s Fall 2024 undergraduate enrollment showed 33.3% White, 36.4% Asian, 8.3% Hispanic/Latino, and 8.1% Black or African-American students.

Your future career depends on the more dynamic learning environments and wider professional networks that this variety creates.

Finding Your Best Fit:  A Counselor's Approach

After years of guiding students through these decisions, here’s my process for determining if a “New Ivy” might be your perfect Master’s match:

1. Know Your Career Path

Different “New Ivies” dominate in specific fields:
Your Master’s should align with where the top players in your field are actually recruiting.

3. Consider the Employer Perspective

What are the real preferred colleges for companies in your field? According to Forbes, there has been a notable change, as 42% of hiring managers now prefer graduates of public universities.

Schools like Georgia Tech, Carnegie Mellon, and Michigan are frequently chosen over conventional Ivies in IT professions because of their innovative, hands-on instruction.

Application Strategy:  Landing Your New Ivy Spot

There is intense competition for these schools. – Washington University in St. Louis reported its most selective year ever in 2024, admitting just 13% of applicants. Here’s how to position yourself:
In my counseling practice, students who focus on program fit rather than general prestige consistently make better decisions and have stronger applications.

The Future of Elite Education:  What This Means For You

More than just a rating, the rise of the “New Ivies” indicates a fundamental shift in our understanding of what defines educational worth. Concerning your Master’s path, this change provides:
As Forbes’ research shows, Employers are increasingly searching for graduates with the proper combination of skills, flexibility, and real-world experience, looking beyond traditional legacy.

Conclusion: The Smart Play for Your Future

As a counselor who’s guided students through this decision, I’ll leave you with this: the smartest Master’s choice isn’t about chasing the most exclusive acceptance letter – it’s about finding the program that launches your specific career dreams.

The “New Ivies” listed by Forbes are universities that have figured out what counts most: delivering education that translates directly to career success. Whether it’s Purdue’s innovation ecosystem or Johns Hopkins’ research powerhouse, these institutions are redefining what it means to get an elite education.

Your Master’s degree is an investment in your future. The New Ivies offer a compelling combination of prestige, practicality, and proven outcomes that make them worth serious consideration, perhaps even more than their Ivy League counterparts.

What’s been your experience with these institutions? Are you considering a New Ivy for your Master’s journey? Drop your thoughts in the comments below.

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