Top 15 best paying college majors

Yes, knowledge is paramount but at the end of the day, we all want the majors we select- to feed us, clothe us and help us pay back the humungous college debt without economically (and practically) crippling us.

College is expensive. Not just in terms of money invested but considering the four very valuable years of your youth. Changing a major that didn’t work for you can be devastating. Furthermore, being saddled with a job you might not have wanted in the first place can be worse. To help you out, analysts at PayScale compared their massive ‘compensation database’ containing 120 college majors/job growth projections all the way to 2020 from the U.S. Bureau of Labor Statistics (BLS) to present to you the 15 most valuable majors in the current marketplace.

Katie Barado, lead economist at compensation research firm, PayScale, says that few majors (as discussed below), if you look carefully, aren’t for everyone. With the right temperament and drive, you can go on and do wonders no matter where you are. However, these disciplines are often referred to as the safe majors and promise you a stable source of income.

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If you look at the survey by PayScale.com, an associate degree in Management Information Systems has the highest median income. The next big field is healthcare. Dental hygiene majors make the most especially in their early careers with salaries up to ($61,300), followed by nursing majors who sit on ($52,200).

So, what are those majors that will lead you to a cushy life and keep your future secure? Read on.

 

1. Petroleum Engineering

Starting Salary: $101,000

Mid-Career Salary: $168,000

 

2. Mining Engineering

Starting Salary: $71,500

Mid-Career Salary: $109,000

 

3. Chemical Engineering

Starting Salary: $69,500

Mid-Career Salary: $118,000

 

4. Computer Science & Engineering

Starting Salary: $69,100

Mid-Career Salary: $115,000

 

5. Computer Engineering

Starting Salary: $68,400

Mid-Career Salary: $109,000

 

6. Nuclear Engineering

Starting Salary: $68,200

Mid-Career Salary: $121,000

 

7. Systems Engineering

Starting Salary: $67,100

Mid-Career Salary: $114,000

 

8. Electrical & Computer Engineering

Starting Salary: $67,000

Mid-Career Salary: $114,000

 

9. Dental Hygiene

Starting Salary: $65,800

Mid-Career Salary: $72,800

 

10. Aeronautical Engineering

Starting Salary: $65,100

Mid-Career Salary: $113,000

 

11. Electronics & Communications Engineering

Starting Salary: $65,000

Mid-Career Salary: $105,000

 

12. Aerospace Engineering

Starting Salary: $64,800

Mid-Career Salary: $107,000

 

13. Materials Science & Engineering

Starting Salary: $64,600

Mid-Career Salary: $105,000

 

14. Industrial Distribution

Starting Salary: $58,100

Mid-Career Salary: $106,000

 

15. Software Engineering

Starting Salary: $62,500

Mid-Career Salary: $96,800

 

Have more questions. Ask them on LEAP Admission Counselling Group

 

*Sources:  Business Insider, Pay Scale, Forbes, ThinkAdvisor and Time Online.

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