Educational Technology

April 30, 2014

College Major Return on Investment

Filed under: Educational Technology — admin @ 12:34 am

By Jaccii Barmer, eCampus News

STEM (science, technology, engineering and math) subjects lead the majors with the highest earning potential. Eight out of ten top earning majors are engineering-based, with starting salaries ranging from about $103,00 for #1, Petroleum Engineering, to $61,000 for #10, Mechanical Engineering. According to the 2013-2014 Pay Scale College Salary Report, the top STEM majors earn about three times more than the average for non-STEM graduates. Another PayScale report ranks schools in terms of overall return on investment. Institutions with more STEM degrees were calculated to have higher return on invests in general. 46 schools are listed as having a negative return on investment, including 23 public state schools and 23 private, for-profit colleges.

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