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Pay for College
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Best and Worst Majors by Pay
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Friday, 24 July 2009 |
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While it's true your major does not necessarily reflect what kind of career you will go into, where your degree does matter is when it comes to average salary received. On average, the bachelor's degrees that end up paying off the most are the quantitative-related degrees of engineering, science, math and economics.
Here are the Top 10 majors ranked by median mid-career salary:
Top Majors by Pay
| Major | Salary |
| 1. Aerospace Engineering | $109,000 |
| 2. Chemical Engineering | $107,000 |
| 3. Computer Engineering | $105,000 |
| 4. Electrical Engineering | $102,000 |
| 5. Economics | $101,000 |
| 6. Physics | $98,800 |
| 7. Mechanical Engineering | $98,300 |
| 8. Computer Science | $97,400 |
| 9. Industrial Engineering | $95,000 |
| 10. Environmental Engineering | $94,500 |
On the contrary, here are the 10 worst majors that receive the lowest ranked pay:
Worst Majors by Pay
| Major | Salary |
| 1. Social Work | $41,600 |
| 2. Elementary Education | $42,400 |
| 3. Theology | $51,500 |
| 4. Music | $52,000 |
| 5. Spanish | $52,600 |
| 6. Horticulture | $53,400 |
| 7. Education | $54,100 |
| 8. Hospitality and Tourism | $54,300 |
| 9. Fine Arts | $56,300 |
| 10. Drama | $56,600 |
Methodology: Median mid-career annual pay for graduates with Bachelor's Degrees only.
Source: Payscale.com via NY Times
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