The highest earning college graduates in the U.S. come from Harvey Mudd College, according to data released Thursday by PayScale, an online salary information company, in its 2010-11 College Salary Report. HMC graduates earn on average $126,000 mid-career, beating out MIT, Caltech, Harvard and Princeton.

"Harvey Mudd is the nexus of all good places to be in terms of graduate earnings," Al Lee, director of quantitative analysis at PayScale, told CNNmoney.com. "Not only do engineering majors make good money and this happens to be a specialized school for engineering, but southern California is an area that tends to have some of the highest wage earners in the country."

Analysts collected data from 999 bachelor degree institutions in the last year and tracked median salaries of employees who graduated in the last five years as well as median mid-career salaries of graduates with more than 10 years of experience in a given field. While mid-career salaries fell 1.5% overall between 2009 and 2010, engineers, scientists and mathematicians continued to earn top salaries. The study divided colleges into three categories: liberal arts colleges, engineering schools, and Ivy League.

HMC had the highest median salary of all colleges in the study, as well as the number one ranking in the two categories in which it falls, liberal arts colleges and engineering colleges.

View the full reports on PayScale.com: best liberal arts colleges and best engineering colleges

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