Special Report

These Are the College Majors That Pay Off the Most

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10. Aerospace engineering
> 2019 Avg. annual earnings: $94,685
> 2019 unemployment rate: 2.0%
> 2019 total workforce: 151,680

Aerospace engineers work to create aircraft, spaceships, and national defense systems — jobs that require a great degree of specialization and expertise. Nearly half of those with aerospace engineering bachelor’s degrees go on to earn their master’s as well. Those with higher levels of education are typically paid higher salaries, and the average salary among those with an aerospace engineering degree is $94,685.

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9. Biomedical engineering
> 2019 Avg. annual earnings: $94,798
> 2019 unemployment rate: 3.6%
> 2019 total workforce: 91,482

Biomedical engineers design and create medical equipment or devices. Professionals in both the engineering and medical professions tend to be well compensated, and biomedical engineers are no exception, averaging nearly $95,000 in earnings. Over half of those who graduate with a bachelor’s degree in biomedical engineering go on to get a master’s degree, and more than a quarter earn their doctorate.

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8. Computer science
> 2019 Avg. annual earnings: $94,816
> 2019 unemployment rate: 3.4%
> 2019 total workforce: 1,686,343

Computer science bachelor’s degree holders are typically able to get high-paying jobs without having to continue their education further. The nearly 1.7 million workers who majored in computer science average nearly $95,000 in annual earnings. Less than a third of computer science majors get a master’s degree, and less than 5% go on to earn their doctorate — both figures are relatively low among majors on this list.

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7. Electrical engineering
> 2019 Avg. annual earnings: $95,540
> 2019 unemployment rate: 2.3%
> 2019 total workforce: 1,451,929

Electrical engineering is one of eight engineering majors to rank among the highest paying in the country, with average annual earnings exceeding $95,000. These engineers design, create, and repair electrical equipment. The unemployment rate for those with electrical engineering degrees in 2019 was 2.3% — well below the national 4.5% unemployment rate for the year but still higher than most other majors on this list.

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6. Finance
> 2019 Avg. annual earnings: $98,610
> 2019 unemployment rate: 2.8%
> 2019 total workforce: 1,559,642

Finance majors are some of the most financially well-off workers, earning an average of $98,610 a year. This degree field allows graduates to work in a wide array of financial careers, including financial managers, analysts, clerks, and consultants, among others. There are over 1.5 million finance majors in the U.S. workforce.

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