The 50 Highest-Paying College Majors for 2019
College students have a lot on their plate when deciding what career path to take. Plus, with recent graduates shouldering an average student loan debt of $29,800 each, the pressure to find high-paying jobs is high. According to CNN Money, the average salary for the class of 2018 in the United States was just barely over $50,000. However, this is just a broad estimate for all majors. Career site Zippia created a list of the 50 highest paying majors for 2019, as well as an average of how much graduates with each of these degrees can hope to make annually.
Zippia used microdata samples from the American Community Survey to find average annual incomes by major, and narrowed their research to employees aged 29 to 31 who had been working for a full year. This allowed the grads a couple of years to settle into their field and not have to report entry-level salaries. With that, they were able to come up with a list of the highest-paid versus the lowest-paid majors.
The majority of highest paying majors have one thing in common: science. It is no surprise that out of the top 10 of the majors, seven of them are science-based, including petroleum engineering ($169,680), engineering mechanics ($90,085), and geoscience ($89,799). However, just because many science majors bring in higher paychecks, that does not mean all of them will: among the lowest paying majors, Zippia found the average salary for educational psychology, library science, and social psychology majors hovers around $30,000.
Below is the complete list of the top 50 highest paying college majors of 2019:
- Petroleum Engineering // $169,680
- Applied Mathematics // $95,351
- Engineering Mechanics // $90,085
- Geosciences // $89,799
- Actuarial Science // $84,104
- Mining Engineering // $83,754
- Economics // $82,560
- Business Economics // $80,048
- Chemical Engineering // $79,086
- Materials Science // $78,883
- Aerospace Engineering // $78,544
- Computer Engineering // $78,114
- Computer Science // $77,699
- Industrial Engineering // $77,684
- Biological Engineering // $77,331
- Finance // $77,251
- Electrical Engineering // $77,219
- Public Policy // $76,207
- Mechanical Engineering // $76,019
- Engineering Management // $73,780
- Nuclear Engineering // $73,157
- Engineering // $72,996
- Biomedical Engineering // $71,902
- Mathematics // $71,024
- Information Sciences // $71,004
- General Engineering // $70,301
- Electrical Engineering // $70,115
- Engineering Technology // $69,606
- Management Info // $68,957
- Construction Services // $67,989
- Food Science // $67,888
- Molecular Biology // $67,757
- Statistics Science // $67,757
- Pharmacology // $67,307
- Civil Engineering // $67,161
- Miscellaneous Business Administration // $66,390
- Environmental Engineering // $65,893
- Materials Engineering // $65,717
- Agricultural Engineering // $65,490
- Transportation Sciences // $65,050
- International Business // $64,792
- Architectural Engineering // $64,358
- Operations Logistics // $63,015
- Mechanical Engineering // $62,957
- Political Science // $62,631
- Computer Systems // $62,486
- Marketing Research // $62,413
- Accounting // $62,272
- Physics // $62,192
- Engineering Tech // $61,819
[h/t Zippia]