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Reply to "These are the highest-paying college majors, 4 years after graduation—many pay over $100,000"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Your college major can have a profound impact on your income. Within four years of graduation, some majors stand to earn as much as $256,539, while others make less than $10,000 per year, according to a new report from The HEA Group, a research and higher education consulting firm. The top-earning majors are in so-called STEM fields, or degrees in science, technology, engineering and mathematics. Half of the top 10 majors with graduates making the most money are subsets of engineering. Michael Itzkowitz, the founder and president of The HEA Group, analyzed data collected by the U.S. Department of Education from more than two million students who received federal financial aid and graduated in 2015 or 2016. Their earnings were measured in 2019 and 2020. Here are the 10 highest-paying college majors, four years after graduation: Nuclear engineering $131,454.00 Biomathematics, Bioinformatics, Computational Biology $116,918.00 Operations Research $112,097.00 Naval Architecture and Marine Engineering $109,121.00 Computer Science $104,799.00 Marine Transportation $103,626.00 Computer Engineering $99,063.00 Veterinary Medicine $97,533.00 Petroleum Engineering $96,957.00 Systems Engineering $95,224.00 Table: Morgan Smith Source: The HEA Group, U.S. Department of Education The majors with the highest earning potential tend to provide specialized, technical training in an in-demand field, like health care or technology, says Itzkowitz. Nuclear engineering majors earn the most, with a median annual salary of $131,454. Increasing calls for clean, renewable energy has spurred demand for nuclear engineers amid challenges with wind and solar power. https://www.cnbc.com/2023/05/16/the-highest-paying-college-majors-4-years-after-graduation.html [/quote] These all have low ceilings though. Top out at 200-230K unless you move into a leadership role, and they will never see 7 figures unless they go to pre-IPO org. Engineers are hares in the race to success. But by the time they reach late 30's they are getting matched and outpaced by the English major who is Sr. Director of Marketing at Fortune 250[/quote] But only a few English majors will reach that level of success. Engineering is more of a sure thing, but not everyone can do it. It’s also a field biased towards males (no surprise).[/quote] you're wrong and misinformed. I know a woman who is CEO of a nonprofit. She is an english and women's studies major, with a salary of at least $400,000. I'm sure you are also someone who thinks that if you work in industries such as nonprofit, you are only going to make 60K as a CEO. People who are generally clueless should keep their opinions to themselves.[/quote] DP.. 1. you don't understand statistics, clearly 2. most English majors who earn six figures also have graduate degrees. Engineering majors don't need graduate degrees to earn six figures.[/quote] DP Cite your source. Also companies pay for Masters Degrees, PT MBA's, Executive MBA's, etc. So cost is a moot point. Your point is fine, graduate with engineering make 6 figures. You can also graduate with English go to McKinsey make 6 figures. If the point is just to make 6 figures fine. But Engineers who cannot make eye contact while walking down a hallway will make six figures and top out. But the most ambitious folks, socially adept and also have brains are going to accelerate past that. I have a Psych degree and make 2-3x what my Mechanical Engineer friend makes and he has a Masters.[/quote] You sound smart but don't seem to understand that an exception doesn't make the rule. For every psych major making "2-3x" their mechE friend, there are a thousand engineers that make "2-3x" their mechE friends. Or did you think that just because you are successful, all psychology degree holders make "2-3x" their mechE friends?[/quote] You don't seem to understand corporations. I work in Biotech. We have FOUR THOUSAND Directors, Sr. Directors and VPs who make 2-3x what the engineers make. [/quote] dp.. and you don't seem to understand that ALL FOUR THOUSAND directors, SR Directors all have graduate degrees, whereas many engineers don't. So once again... in order for English majors to earn six figures they need to spend $100K+ on graduate school to do so, whereas Engineering majors don't.[/quote] NO They Don't. Have you heard of TUITION REIMBURSEMENT? For anyone who WANTS a Graduate Degree, and not all of them want one or have one, some are straight BA Comms majors from UMASS Amherst, but if they do want one, the Company pays for it. But keep living in your myopic bubble. Your kid will be fine making 175K Forever.[/quote] LOL.. you think every MBA grad is getting tuition reimbursement? Cite your source. :wink: I wasn't a STEM major, btw.[/quote] If you paid for your MBA, you're dumb for not being strategic. You're supposed to find your way into a Top Employer, and then they pay for Grad School. Everyone knows this. Why don't you? https://fortune.com/education/articles/these-fortune-500-companies-will-help-pay-for-employees-mba/ https://www.bestcolleges.com/news/analysis/2021/09/16/top-companies-offering-tuition-reimbursement/[/quote] so, you have no source that shows that majority of MBA grads get their graduate degrees paid for them. Got it. yes, some companies will pay for MBAs, but 1. some of those people getting their MBA paid for are probably engineering majors 2. the articles you posted still don't indicate that majority of English majors are getting their graduate degrees paid for them such that they are not having to spend $100K for graduate school in order to get paid six figures. Logic is not your strong suit.[/quote]
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