Two of the biggest decisions after high school would be where to go to school and what course you are going to take. Between both decisions, choosing a course or a major has a major impact on future earnings than choosing which school to attend to.
With this thought in mind, Payscale, which happens to be the world's largest compensation database, looked at the starting pay to the median mid-career pay for millions of professionals and sorted the pay by college majors wherein we focus on bachelor's degrees. This is based on their 2014-2015 report.
Here, based on Payscale's report, we will list down the top 10 highest and lowest paying college bachelor's degrees.
The top 10 Lowest Paying College Bachelor's Degrees (with 1 being the lowest):
The list has a lot to do with majors on education and child development. This is not to discourage anyone that the skills in said majors are not valuable for these said majors are also essential in our society. However, based on the list, these are not the skills that pay a lot.
1. Child Development
Median Starting Pay: $32,200
Median Mid-Career Pay: $36,400
2. Early Childhood Education
Median Starting Pay: $29,700
Median Mid-Career Pay: $38,000
3. Child and Family Studies
Median Starting Pay: $31,200
Median Mid-Career Pay: $38,600
4. Early Childhood and Elementary Education
Median Starting Pay: $32,300
Median Mid-Career Pay: $40,400
5. Human Services
Median Starting Pay: $33,800
Median Mid-Career Pay: $41,300
6. Elementary Education
Median Starting Pay: $33,600
Median Mid-Career Pay: $45,500
7. Athletic Training
Median Starting Pay: $35,000
Median Mid-Career Pay: $45,900
8. Pastoral Ministry
Median Starting Pay: $36,300
Median Mid-Career Pay: $46,000
9. Social Work
Median Starting Pay: $32,800
Median Mid-Career Pay: $46,600
10. Special Education
Median Starting Pay: $34,500
Median Mid-Career Pay: $46,800
The top 10 Highest Paying College Bachelor's Degrees (with 1 being the highest):
It is no surprise that bachelor's degrees that are associated with science, technology, engineering and math (STEM) are topping this list. Most multi-national companies nowadays pay these professionals a big load of compensation in lieu of the amount of work that they have to do.
1. Petroleum Engineering
Median starting pay: $102,300
Median mid-career pay: $176,300
2. Chemical Engineering
Median starting pay: $69,600
Median mid-career pay: $116,700
3. Computer Engineering
Median starting pay: $67,300
Median mid-career pay: $108,600
4. Nuclear Engineering
Median starting pay: $67,000
Median mid-career pay: $118,800
5. Computer Science and Engineering
Median starting pay: $66,700
Median mid-career pay: $112,600
6. Electrical and Computer Engineering
Median starting pay: $66,500
Median mid-career pay: $113,000
7. Electrical Engineering
Median starting pay: $65,900
Median mid-career pay: $107,900
8. Aerospace Engineering
Median starting pay: $64,700
Median mid-career pay: $107,900
9. Electronics and Communications Engineering
Median starting pay: $64,100
Median mid-career pay: $113,200
10. Materials Science and Engineering
Median starting pay: $64,000
Median mid-career pay: $105,100
Salary potential should not be the only thing that should be considered, though, in choosing your major in college. You should also take into account your own interest, dreams, things that you really like to do, passion and aptitude. However, the purpose of this article is to help families and students make smart decisions about majors and think about the future potentials of their majors.
To see the full list, you can check out: (https://www.payscale.com/college-salary-report/majors-that-pay-you-back/bachelors).
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