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Best Paying College Majors: How Does Yours Compare?
IBD ^ | 10/22/2015 | BY PAUL KATZEFF, INVESTOR'S BUSINESS DAILY

Posted on 10/22/2015 6:52:07 AM PDT by SeekAndFind

If you are trying to figure out what to major in at college, then take a look at typical salaries for each major. After all, odds are that college will cost you — or your son, daughter or grandchild — a lot. It makes sense to get a handle on the payback.

Clarifying your career-earnings prospects can aid your career planning and retirement planning.

It turns out that the highest pay goes to people whose undergraduate degrees were in sciences related to energy exploration, production and transportation, according to PayScale.com.

Majors in computer sciences and engineering and related fields also rank in the top 10, both early in graduates' careers and at the typical midcareer mark.

"The top of the list is dominated by STEM majors," said Katie Bardaro, PayScale's vice president of analytics, referring to majors in science, technology, engineering and math.

People who majored in petroleum engineering and nuclear engineering have the highest median annual salaries once they rack up at least 10 years of experience. Their median salaries are $168,000 and $121,000, according to PayScale's latest information.

Actuarial mathematics, chemical engineering, and electronics and communications engineering were next, with median salaries of $119,000, $118,000 and $116,000.

(Excerpt) Read more at news.investors.com ...


TOPICS: Business/Economy; Society
KEYWORDS: career; college; collegedegree; pay
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1 posted on 10/22/2015 6:52:07 AM PDT by SeekAndFind
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To: SeekAndFind

2 posted on 10/22/2015 6:52:28 AM PDT by SeekAndFind
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To: SeekAndFind

Your mileage may vary. English major has served me very well.


3 posted on 10/22/2015 6:56:46 AM PDT by babble-on
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To: SeekAndFind

Your mileage may vary. English major has served me very well.


4 posted on 10/22/2015 6:56:46 AM PDT by babble-on
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To: SeekAndFind

Has $80k degree in womens studies and 1700th century gothic basket weaving.

Writes names on the side of Starbucks coffee.

Complains about college loans.


5 posted on 10/22/2015 6:58:39 AM PDT by envisio (I ain't here long... I'm out of napalm and .22 bullets.)
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To: envisio
Has $80k degree in womens studies and 1700th century gothic basket weaving.

1700th century?! That degree is probably too specialized.
6 posted on 10/22/2015 7:00:25 AM PDT by needmorePaine
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To: needmorePaine
Is that AD or BC?

-PJ

7 posted on 10/22/2015 7:01:37 AM PDT by Political Junkie Too (If you are the Posterity of We the People, then you are a Natural Born Citizen.)
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To: babble-on

Zero major and my back have served me well.

I have hands like a catchers mitt and smell like gasoline and horse manure, but hey, the world needs cowboy mechanics too.


8 posted on 10/22/2015 7:02:42 AM PDT by envisio (I ain't here long... I'm out of napalm and .22 bullets.)
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To: needmorePaine

Yeah, they have goths in the future.


9 posted on 10/22/2015 7:03:31 AM PDT by envisio (I ain't here long... I'm out of napalm and .22 bullets.)
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To: babble-on

Your mileage may vary. English major has served me very well.
++++
I have a grandson ranked in the top 3 of his class of about 600 who, amazingly, ignores my advice to select a STEM major because he wants to become a writer. Ideally a playwright or screenwriter. He is likely to be admitted to NYU and that is is first choice.

Any advice?


10 posted on 10/22/2015 7:06:00 AM PDT by InterceptPoint
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To: envisio

Real Goths or emo goths? I think the return of actual Goths would make for a better future.


11 posted on 10/22/2015 7:06:03 AM PDT by needmorePaine
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To: SeekAndFind
"actuarial mathematics""

Comes in at #3. That sounds like a death-panel precursor.

12 posted on 10/22/2015 7:10:09 AM PDT by Fhios
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To: SeekAndFind

I wonder how tough it is to major in “government”? Probably not quite as demanding as chemical engineering, although the mid career pay ain’t bad.

But the late career pay is where things really get good.


13 posted on 10/22/2015 7:10:27 AM PDT by skeeter
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To: Fhios
"actuarial mathematics"

Comes in at #3. That sounds like a death-panel precursor.


I would die from the boredom of actuarial mathematics.
14 posted on 10/22/2015 7:15:37 AM PDT by needmorePaine
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To: skeeter

My daughter was looking into Scranton Medical college it’s 90K per year. LOL she has now switched to Dental School when she graduates Penn State.


15 posted on 10/22/2015 7:16:14 AM PDT by angcat
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To: SeekAndFind

My marketing degree is doing me well, but one of my son’s is majoring in one of this lists top ten.

I already told him that any money I put out for his degree is a loan since he’ll be earning more than me real soon.

His school also has an employment guarantee. A job in the field within 90 days at a competitive salary or they will pay for the Masters Degree.


16 posted on 10/22/2015 7:20:18 AM PDT by cyclotic (Liberalism is what smart looks like to stupid people.)
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To: needmorePaine

According to the article, the only people to catch this mistake are very highly compensated.


17 posted on 10/22/2015 7:21:35 AM PDT by sportutegrl
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To: InterceptPoint
Any advice?

Tell his parents they shouldn't waste their money on his college education.

18 posted on 10/22/2015 7:23:46 AM PDT by justlurking
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To: SeekAndFind

I just sent the article link to my 21 year old son. He is in his senior year of college, majoring in Petroleum and Natural Gas Engineering (minoring in Land Management). He’s exhausted (rigorous classes) but looking towards the finish line.

This article made me think back to when he was applying to universities and needing his HS guidance counselor to send his transcripts. She questioned WHY he would select THAT type of curriculum with all the negative affects on the environment from drilling, fracking and pipelines. When he told his dad and I about her comments, he added “I guess she walks to work...”


19 posted on 10/22/2015 7:28:58 AM PDT by PennsylvaniaMom ( Just because you are paranoid, it doesn't mean they aren't out to get you...)
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To: Cowboy Bob

Ping...to show my kid


20 posted on 10/22/2015 7:42:54 AM PDT by Cowboy Bob (With Trump & Cruz, America can't lose!)
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