Most Valued College Degrees

In the last 40 years, job markets and industry have both changed substantially. Higher-education degrees, usually in the form of a bachelor of arts degree or bachelor of science degree, don't guarantee the same job opportunities and security they did several decades ago. However, new fields are emerging that have generated higher demand for graduates with certain degrees, which may have longer career longevity. A degree's value for the purposes of this topic are described in terms of average salary for a typical graduate with said degree. Additionally, some graduate degrees have a higher value to society--such as medical degrees or science degrees--and those who hold those degrees are highly compensated.
  1. Highest-Paying Undergraduate Degree: Chemical Engineering

    • According to CollegeTimes, a degree in chemical engineering pays the most with an annual out-the-door salary averaging about $56,000 per year. Recent innovations in materials manufacturing, pharmaceuticals and nanotechnology have called for bright minds in the field of chemical engineering. Engineering generally has a high success rate for former students looking to start work immediately after graduation, and chemical engineering is more relevant than ever. Work in battery technologies, for example, will have a constant demand for many years to come, making for a stable career.

    Second-Highest Paying Undergraduate Degree: Computer Engineering

    • Not to be confused with computer science or general Information technology (IT) work, computer engineering is the second-most valuable degree to have from a four-year college. CollegeTimes says the average salary for a new graduate averages about $55,000 per year. Computer engineering also includes the sub-field of software engineering. In order for a job in computer engineering to have longevity, however, the worker must stay abreast of new advances, which might require more education in the long run.

    Third Highest-Paying Undergraduate Degree : Electrical Engineering

    • Electrical engineering, which includes communications engineering, is the third most valuable college degree. According to CollegeTimes, recent graduates can expect to make an average of $53,000 per year. Keep in mind this is a national average; graduates working in more urban, affluent markets can expect to make more money from the start. In the last two decades, electrical engineering demand has skyrocketed as consumer electronics and the infrastructure that supports them have become commonplace. Like chemical engineering, electrical engineering will require constant additional education in the field as time goes on.

    Fourth Highest-Paying Undergraduate Degree: Mechanical Engineering

    • It's no mistake that the top four most valued college degrees are related to engineering. In this case, CollegeTimes says recent graduates of mechanical engineering programs can expect to make about $51,000 per year at a new job. Mechanical engineers conceptualize and realize everything from automobiles to manufacturing processes. Mechanical engineering is another field that has had a steadily increasing demand as automation has become a more efficient and accepted way of manufacturing products. Since construction in general is fairly constant, jobs in mechanical engineering have great longevity.

    Most Valuable Master's and Doctoral Degrees: Physician Assistant Studies and Medical Doctor

    • According to Forbes, a master's degree in physician studies provides the best salary after graduation for a graduate with a master's degree, with an average starting salary of $98,900 per year. Students in this field are well-versed in assisting doctors in diagnosing and treating medical conditions. The same study shows that the average starting salary for new doctor is $200,000 per year, depending on specialty.

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