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What are the 'most valuable' college majors?



A new study found graduating with degrees in science, technology, engineering, and mathematics.

Bankrate analyzed majors with labor forces over 15,000 people

The most valuable college majors include naval architecture and nuclear and engineering engineering and pharmaceutical sciences. Naval Architecture And Marine Engineering ( Median income : $ 90,000; Unemployment rate : 1.6 percent, Percent with an advanced degree : 29 percent)

  • Nuclear Engineering ( Median income : $ 98,100; Unemployment rate : 1
    .8 percent, Percent with an advanced degree : 56 percent)
  • Pharmacy Sciences And Administration ( Median income : $ 100,000; Unemployment rate : 2.2 percent, Percent with an advanced degree [Genetics ( Median income : $ 85,000; Unemployment rate : 1.2 percent, Percent with an advanced degree : 76 percent)
  • Electrical Engineering ( Median income : $ 99,000; Unemp loyment rate : 2.7 percent, Percent with an advanced degree : 46 percent)
  • Architectural Engineering ( Median income : $ 74,000; Unemployment rate : 1.5 percent, [194559009]: 29 percent)
  • Aerospace Engineering ( Median income : $ 90,000; Unemployment rate : 2.3 percent, Percent with an advanced degree : 49 percent)
  • Computer Engineering ( Median income : $ 92,000; Unemployment rate [ElectricalEngineering Technology ( Median income : $ 76,000; Unemployment rate ] : 1.8 percent, Percent with an advanced degree : 30 percent)
  • Materials Science ( Median income : $ 90,000; Unemployment rate : 2 percent , Percent with an advanced degree : 66 percent)
  • The least valuable degree in terms of making a living were drama and theater arts. The 10th least valued college majors are (in order of worse to worst):

    • Communication Technologies ( Median income : $ 40,000; Unemployment rate : 4.9 percent, [19459008: 11 percent)
    • Cosmetology Services And Culinary Arts ( Median income : $ 35,000; Unemployment rate : 3.3 percent, [19459008: 12 percent)
    • Mass Media ( Median income : $ 40,000; Unemployment rate : 6 percent, Percent with an advanced degree : 16 percent)
    • Music ( Median income : $ 36,000; Unemployment rate : 3.1 percent, Percent with an advanced degree : 42 percent)
    • Miscellaneous Fine Arts ( Median income : $ 38,000; Unemployment rat e : 5.7 percent, Percent with an advanced degree : 20 percent)
    • Film Video And Photographic Arts ( Median income : $ 37,000; Unemployment rate : 6.5 percent, [194559009]: 15 percent)
    • Fine Arts ( Median income : $ 37,000; Unemployment rate : 4.8 percent, Percent with an advanced degree : 24 percent)
    • Linguistics and Comparative Language and Literature ( Median income : $ 40,000; [19459008Unemploymentrate: 3.9 percent, Percent with an advanced degree : 45 percent)
    • Composition And Rhetoric ( Median income : $ 37,800; Unemployment rate : 4.4 percent, Percent with an advanced degree : 29 percent)
    • Visual Arts ( Median income : $ 32,000; Unemployment rate : 4.1 percent, Percent with an advanced degree : 23 percent)
    • Drama And Theater Arts ( Median income : $ 35,500; Unemployment rate : 5.2 percent, Percent with an advanced degree : 26 percent)

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    In spite of these findings, Bankrate found earning a college degree does not pay off in the long run.

    "Considering community college for the first couple of years before transferring to a university for the final year of the program," Bankrate chief financial analyst Greg McBride, CFA, said. "Look for scholarships, grants and work-study programs – all of which could defray the out-of-pocket costs of a degree.

    Greg McBride

    Considered community college for the first couple of years before transferring to a university for the final years of the program.

    According to the Federal Reserve, more than half of the people who attended college left with debt, with the average amount being around $ 20,000 to $ 25,000.


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