There are plenty of reasons to attend an Ivy League institution if you're one of the lucky students to be admitted. The eight famed colleges consistently earn top honors on various rankings, based on factors like academics and career outcomes. 

Attending an Ivy may also help you earn a high salary. The University of Pennsylvania in particular reports the highest median incomes among former attendees who received federal aid. Data shows 10 years after starting at Penn, federal aid recipients earn a median salary of $103,246 annually.