Monday, May. 25, 2020

Top 10 Majors with the Highest Median Earnings

Using U.S. Census data, the Georgetown University Center on Education and the Workforce put together an analysis of the projected lifetime earnings of 171 undergraduate college majors. The report also details the relationship between undergraduate majors and graduate degree attainment, and it also looks at a host of other factors, broken down by specific majors, that can affect potential earnings, including gender, race and ethnicity. Ultimately, the report provides a clearer picture of what one bachelor's degree means compared to another in the labor market, finding, for example, that over a 40-year career, petroleum engineering majors can expect to earn $4.8 million, while counseling psychology majors could potentially earn $1.16 million.

  1. Petroleum Engineer ($136,000)
  2. Pharmacy/pharmaceutical Sciences and Administration ($113,000)
  3. Metallurgical Engineering ($98,000)
  4. Mining and Mineral Engineering ($97,000)
  5. Chemical Engineering ($96,000)
  6. Electrical Engineering ($93,000)
  7. Aerospace Engineering ($90,000)
  8. Mechanical Engineering ($87,000)
  9. Computer Engineering ($87,000)
  10. Geological and Geophysical Engineering ($87,000)

Source: Georgetown University Center on Education and the Workforce

Full Report: The Economic Value of College Majors (pdf)

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