If the stagnant job market has an upside, it may be this: college
students (and likely their parents) are taking a hard look at which
degrees will result in lasting, good paying jobs.
Unfortunately for art and history majors, the best money-making careers these days are in more pragmatic fields, focused on math and the sciences, according to a recent report by PayScale.
Unfortunately for art and history majors, the best money-making careers these days are in more pragmatic fields, focused on math and the sciences, according to a recent report by PayScale.
The employment-information website recently compiled a list of the 10
best-paying college majors, derived from data supplied by 1.5 million
graduates who hold only a bachelor's degree from a U.S. college or
university.
The findings, not surprisingly, are similar to those published in a
recent report by Georgetown University's Center on Education and the
Workforce, which found that college majors "linked to occupations have
better employment prospects than majors focused on general skills."
Still, the Georgetown report, titled "Hard Times, College Majors, Unemployment and Earnings: Not All College Degrees Are Created Equal," finds that while all college majors aren't created equal "college remains the best alternative for young workers."
Interested in learning which college majors offer the best money-making opportunities? Check out PayScale's list of Best Majors for Making Money below.
10. Statistics
- Mid-Career Median Salary: $99,500*
- Job Growth Outlook (through 2020): 16 percent (about as fast as average).**
9. Computer Science
Find a job in computer science.
- Mid-Career Median Salary: $100,000
- Job Growth Outlook (through 2020): 19 percent (about as fast as average).
Find a job in computer science.
8. Applied Mathematics
Find a job in applied mathematics.
- Mid-Career Median Salary: $102,000
- Job Growth Outlook (through 2020): 16 percent (about as fast as average).
Find a job in applied mathematics.
7. Computer Engineering
Find a job in computer engineering.
- Mid-Career Median Salary: $105,000
- Job Growth Outlook (through 2020): 9 percent (slower than average).
Find a job in computer engineering.
6. Electrical Engineering
Find a job in electrical engineering.
- Mid-Career Median Salary: $106,000
- Job Growth Outlook (through 2020): 6 percent (slower than average).
Find a job in electrical engineering.
5. Nuclear Engineering
Find a job in nuclear engineering.
- Mid-Career Median Salary: $107,000
- Job Growth Outlook (through 2020): 10 percent (about as fast as average).
Find a job in nuclear engineering.
4. Chemical Engineering
Find a job in chemical engineering.
- Mid-Career Median Salary: $111,000
- Job Growth Outlook: 6 percent (slower than average).
Find a job in chemical engineering.
3. Actuarial Mathematics
Find a job in actuarial mathematics.
- Mid-Career Median Salary: $112,000
- Job Growth Outlook: 16 percent (about as fast as average).
Find a job in actuarial mathematics.
2. Aerospace Engineering
Find a job in aerospace engineering.
- Mid-Career Median Salary: $118,000
- Job Growth Outlook: 5 percent (slower than average).
Find a job in aerospace engineering.
1. Petroleum Engineering
Find a job in petroleum engineering.
- Mid-Career Median Salary: $163,000
- Job Growth Outlook: 24 percent (about as fast as average)
Find a job in petroleum engineering.
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