This spring, thousands of new students had a hard time choosing which college to attend. Now, an equally important question faces them. The question is which major to choose.
Do they follow their hearts or their money?new HEA group researchA higher education consulting firm can help reveal the answer. (And hopefully a little bit of both.)
The findings show that the most popular bachelor’s programs aren’t necessarily money-making, and that some of the highest-paying majors can lead to six-figure salaries just a few years after graduation. ing.
“College isn’t just about money,” said Michael Itzkowitz, founder of the HEA Group and former director of the US Department of Education’s College Scorecard, in a report. “However, it is reasonable to expect that earning a college degree will increase your income over time, knowing that some areas of study are likely to lead to higher financial premiums. It’s worth keeping.”
Itzkovitz’s analysis looks at the average earnings of graduates four years after completing the program.
Top 10 highest paying college majors
Most of the highest-paying bachelor’s degree programs are, unsurprisingly, related to Science, Technology, Engineering and Mathematics (STEM).
1. Operation Research: $112,097
2. Naval Construction: $109,121
3. Computer Science: $104,799
4. Sea transportation: $103,626
5. Computer Engineering: $99,063
6. Veterinary Medicine: $97,533
7. Petroleum Engineering: $96,957
8. Systems Engineering: $95,224
9. Pharmacy: $94,136
10. Electrical Engineering: $91,693
What are the salaries of the 10 most popular college majors
Many fresh graduates from the most popular undergraduate degrees don’t earn $50,000 in the four years after graduation.
1. Business management: $58,088
2. Registered Nurse: $76,510
3. Psychology: $43,409
4. Criminal Justice: $47,089
5. Accounting: $64,298
6. Communications: $48,829
7. Teacher education and professional development: $41,598
8. Biology: $48,628
9. Liberal Arts and Humanities: $44,201
10. Health and Physical Education: $46,820
Money details:
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