Highest Paying Jobs With a Bachelor's Degree
Rank | Major | Early Career Pay |
---|---|---|
Rank:1 | Petroleum Engineering | Early Career Pay:$92,300 |
2 | Electrical Engineering & Computer Science (EECS) | Early Career Pay:$101,200 |
3 | Applied Economics and Management | Early Career Pay:$60,900 |
3 | Operations Research | Early Career Pay:$78,400 |
On an annual basis, bachelor's degree holders earn about $32,000 more than those whose highest degree is a high school diploma. ... In 2019, median income for recent graduates reached $44,000 a year for bachelor's degree holders aged 22–27. For high school graduates the same age, median earnings are $30,000 a year.
5 Ways to Increase Your Earning Potential This Year
In 2013, the median annual wage for full-time workers ages 25 and over whose highest level of education was a master's degree was $68,000, compared with $56,000 for those whose highest level was a bachelor's degree—a $12,000 a year wage premium. Not all workers earn a premium.
Here, then, are the top-paying majors overall:
A 2011 paper found that a double major, on average, yields a 3.2 percent earnings premium over a peer with only one degree. The paper noted that the premium ranged from nothing at liberal arts colleges to almost 4 percent at “research and comprehensive” universities.
Tuition prices share the same increase, but it fails to dissuade many high school graduates from entering college. Because of this significant increase, the primary reason why graduates find obtaining employment difficult is the sheer amount of competition.
Degrees are still a requirement for most jobs, which makes earning your bachelor's a valuable step in preparing for almost any career. But that degree just doesn't make your resume jump out at potential employers like it would have 50 years ago. A bachelor's degree is not an automatic hall pass into grown-up land.
The Top 12 Jobs That Make a lot of Money:
Engineer. Entertainment Professional. Investment Banker. Lawyer.
Here is our list of the best ways to increase your income without working more.
The four 'Cs' of credit are : Character, Capacity or Cashflow, Capital and Conditions. Out of the 4 'Cs' of credit, the two 'Cs' that deal with the earning potential and available cash are 'Capacity' and 'Capital'.
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