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Reply to "16 highest-paying college majors, 5 years after graduation"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]This is five years after graduation. Further out it is the doctors who are making bank. https://www.bls.gov/ooh/highest-paying.htm[/quote] Doctors (and lawyers) need more advanced education, which means spending more money on education in order to make those big bucks. Engineers don't need to do that in order to make big bucks. [/quote] +1 Engineers start their careers at age 22. A doctor spends 22-26 in Med school, paying $70K+ per year to attend (not earning $85-100K). They then spend 3-5+ years in residency earning $30-40K, maybe more maybe less. So they are 28-30+ before they start actually earning decent money. But they likely have $200K+ in loans as well as some debt from trying to live on $30-40K in residency. Meanwhile an engineer has been working 40-55 hours/week, not 60-70+, earning $80-100K+ and starting their life and are around if they have already had kids. Unless you are specializing in cardiology, anesthesiology, another high paying field, you will likely never come out ahead financially over an engineer. That engineer can move into management without an MBA (majority do just that, but some get the MBA). And then the potential is $250K+ A general doctor doesn't have much room to grow. [/quote]
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