Wednesday, May 25, 2011

College major analysis: Engineers get highest salaries - USATODAY.com

College major analysis: Engineers get highest salaries - USATODAY.com

Excerpts:

An analysis of the projected lifetime earnings of 171 college majors provides a clearer picture of what one bachelor's degree means compared to another in the labor market. And the answer can be as much as $3.64 million.

That's the difference between what petroleum engineering majors can expect to earn over a 40-year career ($4.8 million) and what counseling psychology majors could earn ($1.16 million). Even the lowest-paying major beats the $770,000 average earnings of a person who holds only a high school diploma.

"Getting a (college) degree matters, but what you take matters more," says Anthony Carnevale, director of Georgetown University's Center on Education and the Workforce, which released its analysis today. It's based on data on undergraduate majors across all age groups, collected for the first time in the Census Bureau's 2009 American Community Survey and released last year. Estimates were based on 319,081 responses from bachelor's-degree holders who work full time over a full year.

Access Content Source: http://www.usatoday.com/news/education/2011-05-23-College-majors-engineering-higher-education_n.htm

********************************************************
http://dreamlearndobecome.blogspot.com This posting was made my Jim Jacobs, President & CEO of Jacobs Executive Advisors. Jim also serves as Leader of Jacobs Advisors' Insurance Practice.

No comments: