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Right after graduating from college, choosing to major in engineering is one of the most secure options.
This is due to the fact that numerous high-earning majors fall within this area of study.
fresh information from the Federal Reserve Bank of New York
The order remains consistent with earlier years’ statistics, where engineering disciplines continue to lead in median earnings five years after completing studies.
The highest-earning fields of study encompass computer engineering, chemical engineering, and computer science, where new graduates typically receive a median starting salary of around $80,000. Every type of engineering discipline examined in this research boasts a median initial income exceeding $70,000.
Below is a glance at the most lucrative college majors for employees between the ages of 22 and 27.
Graduates with an engineering degree are highly sought after due to their combination of mathematical abilities and technical know-how, traits that are prized across numerous sectors.
growth of tech-driven fields
Similar to fields like artificial intelligence and cybersecurity, it’s no wonder that computer engineering majors often find themselves amongst the highest-paid graduates.
A lot of high-earning college majors still provide substantial rewards consistently. For those working full-time between the ages of 35 to 45, individuals who studied engineering usually make more than $100,000 annually. Below are the standings for professionals later in their careers.
On the contrary, the lower-end salaries often come from fields like liberal arts or education. Of those aged 22 to 27 who have graduated, individuals with degrees in foreign languages reported having the smallest median income at $40,000. Meanwhile, for employees within the age bracket of 35 to 45 years old, early childhood educators had the lowest median pay at $49,000.
The yearly report from the New York Fed draws on the latest U.S. Census data for 2023, which is the most current information accessible. This study does not include individuals who are still studying. The median salary figures presented pertain solely to those working full-time jobs after obtaining a bachelor’s degree.
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