Top 20 Best-Paying College Degrees in 2010
By Lynn O'Shaughnessy | CBS Moneywatch.com
Here's a hint: The college degrees that lead to the highest salaries all involve high-level mathematics.
Just like last year's survey of salaries by college degrees, engineering majors dominate the list. For undergraduates, seven of the top 10 college degrees, according to PayScale, Inc., belong to engineering majors. The best paying college degree of all — by a long shot — is petroleum engineering.
The salary advantage that graduates, who earn these largely technical degrees, enjoy continues as they move into the middle of their careers.
Here are the top 20 best-paying college degrees in 2010:
College Degree Starting Median Pay Mid-career pay
- Petroleum engineering $93,000 $157,000
- Aerospace engineering $59,400 $108,000
- Chemical engineering $64,800 $108,000
- Electrical engineering $60,800 $104,000
- Nuclear engineering $63,900 $104,000
- Applied mathematics $56,400 $101,000
- Biomedical engineering $54,800 $101,000
- Physics $50,700 $99,600
- Computer engineering $61,200 $87,700
- Economics $48,800 $97,800
- Computer science $56,200 $97,700
- Civil engineering $53,500 $93,400
- Statistics $50,000 $93,400
- Finance $47,500 $91,500
- Software engineering $56,700 $91,300
- Management info. systems $50,900 $90,300
- Mathematics $46,400 $88,300
- Government $41,500 $88,300
- Information systems $49,300 $87,100
- Construction Management $50,400 $87,000
If you want to avoid the worst-paying college degrees, think twice before choosing a college major that involves children.
Included among the 20 worst-paying college degrees are elementary education, special education, social work and child and family studies. That's the conclusion of the latest annual study of college degrees by Payscale, Inc. that compiled starting and mid-career pay for dozens of college majors.
Child and family studies earned the honors as the worst-paying college major. The average graduate earns a beginning salary of $29,500. What's equally discouraging is that the salary of someone in this field will barely budge after 15 years in the profession.
Food is another common theme for students who major in the worst-paying college degrees. Students who earn degrees in horticulture, dietetics and the culinary arts are more likely to end up struggling financially.
20 Worst-Paying College Degrees in 2010
College Degree Starting pay Mid-career pay
- Child and family studies $29,500 $38,400
- Elementary education $31,600 $44,400
- Social work $31,800 $44,900
- Athletic training $32,800 $45,700
- Culinary arts $35,900 $50,600
- Horticulture $35,000 $50,800
- Paralegal studies/law $35,100 $51,300
- Theology $34,700 $51,300
- Recreation & leisure $33,300 $53,200
- Special education $36,000 $53,800
- Dietetics $40,400 $54,200
- Religious studies $34,700 $54,400
- Art $33,500 $54,800
- Education $35,100 $54,900
- Interdisciplinary studies $35,600 $55,700
- Interior design $34,400 $56,600
- Nutrition $42,200 $56,700
- Graphic design $35,400 $56,800
- Music $36,700 $57,000
- Art history $39,400 $57,100