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PayScale’s Best-Paying College Majors

Jul 26, 2011

by Alexis Mattera

PayScale’s Best-Paying College Majors

According to a study by the National Center for Education Statistics, it costs approximately $80,000 in tuition plus expenses to earn a bachelor’s degree from a public four-year college and about $140,000 to gain the same credentials from a private nonprofit four-year institution. There are certainly ways to find this kind of fundinggrants, student loans and, hello, scholarships! – but will your major of choice be worth the money? If you select one of the fields included on PayScale’s list of best-paying college majors, it is decidedly so.

The annual list is dominated by engineering, with seven of the top 10 in branches of the field, while the other top-earning degrees include physics, applied mathematics and computer science:

Petroleum Engineering

  • Starting Median Pay: $97,900
  • Mid-Career Median Pay: $155,000

Chemical Engineering

  • Staring Median Pay: $64,500
  • Mid-Career Median Pay: $109,000

Electrical Engineering

  • Staring Median Pay: $61,300
  • Mid-Career Median Pay: $103,000

Materials Science and Engineering

  • Starting Median Pay: $60,400
  • Mid-Career Median Pay: $103,000

Aerospace Engineering

  • Starting Median Pay: $60,700
  • Mid-Career Median Pay: $102,000

Computer Engineering

  • Starting Median Pay: $61,800
  • Mid-Career Median Pay: $101,000

Physics

  • Starting Median Pay: $49,800
  • Mid-Career Median Pay: $101,000

Applied Mathematics

  • Starting Median Pay: $52,600
  • Mid-Career Median Pay: $98,600

Computer Science

  • Starting Median Pay: $56,600
  • Mid-Career Median Pay: $97,900

Nuclear Engineering

  • Starting Median Pay: $65,100
  • Mid-Career Median Pay: $97,800

Does this list have you reconsidering your college path or will you stick to your intended major?

And don't forget, you should pay for your college education with as much free money as possible! Find as many scholarships and grants as you can before turning to student loans. Visit the Scholarships.com free college scholarship search today where you'll get matched with countless scholarships and grants for which you qualify, then apply and win! It’s that easy!

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