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From Debt.com
What happens when you combine a list of the hottest careers
with a list of the highest-paying jobs? Theoretically, you discover the
best majors to seek in college.
With college costs skyrocketing,
you need some assurances you’ll graduate into a career that’s hiring —
and one that will pay you enough to handle the $32,731 in student loans.
(Yup, that’s the national average these days, according to the Federal
Reserve.)
We cross-referenced two sets of data to figure out how
much you’ll earn if you get a job through one of the top 10 degrees for
job-seekers.
Nursing
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Nurses will earn the highest
starting salary on this list. However, they will also see the lowest
average salary growth in the first decade of their career: 12 percent,
the only growth rate under 30 percent. That means your experience will
get you to around $76,722 10 years after graduation.
Nursing is one profession that may qualify for student loan forgiveness. Check out if you meet the requirements for a Student Loan Forgiveness Program.
- Average beginning salary: $68,348
- Jobs for your degree: Titles range from nurse to chief nursing officer.
Nursing is one profession that may qualify for student loan forgiveness. Check out if you meet the requirements for a Student Loan Forgiveness Program.
Computer science
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It's not entirely surprising that
the app creating people come in second highest in initial salaries. And
with this degree, you’re looking at a 35 percent salary growth over
time. Computer science majors will see the highest salary for
experienced practitioners: $85,273.
- Average beginning salary: $63,335
- Jobs for your degree: Titles range from software engineer to application developer.
Mechanical engineering
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- Average beginning salary: $59,338
- Jobs for your degree: Titles range from project engineer to manufacturing engineer to design engineer, and obviously, mechanical engineer.
Mathematics
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- Average beginning salary: $53,600
- Jobs for your degree: Titles range from data scientist to actuarial analyst, which means you assess data and statistics to determine the cost of events like product failures or hurricanes.
Information systems
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Fifth on our list, this is the
first degree that should pay more than $50,000 a year straight out of
school. With just a 39-percent raise rate over 10 years, you’re looking
at around $71,525 in earnings.
Earlier this year, Debt.com reported that businesses have been increasing cybersecurity budgets, and are searching for qualified workers to fill information technology jobs.
- Average beginning salary: $51,616
- Jobs for your degree: Titles range from information technology manager to network administrator — you’ll be asking lots of people to turn their computers off, wait, and then on again.
Earlier this year, Debt.com reported that businesses have been increasing cybersecurity budgets, and are searching for qualified workers to fill information technology jobs.
Accounting
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A decade after school, expect to
make around $68,390 for counting thousands of more digits than your
paycheck shows. But if keeping everything in order is up your alley,
this field of study is a safe path to take.
- Average beginning salary: $48,914
- Jobs for your degree: Titles range from staff accountant to a corporate controller, in other words, you control the means of accounting at a company to ensure everything is documented appropriately.
Accounting A
decade after school, expect to make around $68,390 for counting
thousands of more digits than your paycheck shows. But if keeping
everything in order is up your alley, this field of study is a safe path
to take.
Finance
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- Average beginning salary: $47,639
- Jobs for your degree: Titles range from financial analyst to chief financial officer.
Finance With
the second highest raise over time (51 percent) on our list, studying
finance means you’ll be making about $71,700 within 10 years. If math
isn’t for you, though, you might want to reconsider.
Chemistry
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- Average beginning salary: $46,531
- Jobs for your degree: Titles range from research scientist to quality assurance manager.
Business management
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- Average beginning salary: $45,306
- Jobs for your degree: Titles range from human resources manager to director of operations.
Marketing
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- Average beginning salary: $41,595
- Jobs for your degree: Titles range from account executive to marketing director.
No matter what you end up studying, you’re more likely than not to need a student loan to cover the cost of your education. Learning how to face that debt early using free resources like Debt.com’s Student Loan Education Center can help you save money in the long run, and maybe even retire one day.
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