Markets stall under threat of government shutdown >>> READ MORE

Top States Where Dow CEOs Went to College

These six states are home to lots of top-notch schools

    View All  

#1: Massachusetts

MassachusettsCurrent Dow CEO Degrees: 11

Our top state for Dow leaders is also the smallest on this list, but size doesn’t matter because the New England state is home to Harvard.

The laundry list of Crimson grads includes folks with bachelor’s degrees, law degrees and business degrees — all of whom now run things at a Dow Jones component.

Home Depot’s Frank Blake and Microsoft’s for-now CEO Steve Ballmer attended the school for undergraduate studies, while American Express’ (AXP) Ken Chenault and Merck’s Ken Frazier both were students at the law school.

Meanwhile, Hewlett-Packard’s (HPQ) Meg Whitman went to Princeton for undergrad, but followed it up by attending Harvard Business School. And she wasn’t alone. Boeing’s (BA) James McNermy, Procter & Gamble’s (PG) A.G. Lafley, General Electric’s (GE) Jeff Immelt and JPMorgan’s (JPM) Jamie Dimon also attended.

Plus, Jamie Dimon double-dipped on Massachusetts schools. Before heading to Harvard Business, he got an undergraduate degree from nearby Tufts — the same place that DuPont’s (DD) Ellen Kullman calls her alma mater.

The only bad news: Harvard doesn’t come cheap. While many students get grants and scholarships, tuition alone will cost you nearly $39,000 for undergrad, $52,000 for law school and $56,000 for business school. And across the entire state, the average student debt load is slightly above the national average.

Then again, if you wind up running a blue-chip company one day, it’s seems pretty safe to say those student loans have paid off.

Article printed from InvestorPlace Media,

©2017 InvestorPlace Media, LLC