What are the "most valuable" majors of colleges?



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A new study found that graduates from the fields of science, technology, engineering, and mathematics usually earn much more and are less likely to be unemployed, according to Bankrate.

Bankrate analyzed the main active groups of more than 15,000 people and took into account the number of people in each group with a postgraduate degree, such as a master's or PhD degree.

The most valuable college majors include naval architecture, nuclear and marine engineering as well as pharmaceutical sciences. The top 10 most popular university majors are:

  1. Naval Architecture and Marine Engineering (Median income$ 90,000 Unemployment rate: 1.6 percent, Percentage with a diploma of graduate studies29 percent)
  2. Nuclear Engineering (Median income$ 98,100; Unemployment rate1.8 percent Percentage with a diploma of graduate studies56%)
  3. Pharmacy Pharmaceutical Sciences And Administration (Median income$ 100,000; Unemployment rate: 2.2 percent, Percentage with a diploma of graduate studies58 percent)
  4. Genetic (Median income$ 85,000; Unemployment rate: 1.2 percent, Percentage with a diploma of graduate studies: 76 percent)
  5. Electrical engineering (Median income$ 99,000 Unemployment rate: 2.7%, Percentage with a diploma of graduate studies46 percent)
  6. Architectural engineering (Median income$ 74,000 Unemployment rate1.5 percent, Percentage with a diploma of graduate studies29 percent)
  7. Aerospace Engineering (Median income$ 90,000 Unemployment rate: 2.3 percent, Percentage with a diploma of graduate studies: 49 percent)
  8. Engineering computer Science (Median income$ 92,000; Unemployment rate: 2.8%, Percentage with a diploma of graduate studies40 percent)
  9. Electrical engineering Technology (Median income$ 76,000; Unemployment rate1.8 percent Percentage with a diploma of graduate studies: 30 percent)
  10. The science of materials (Median income$ 90,000 Unemployment rate: 2 percent, Percentage with a diploma of graduate studies66 percent)

The least valuable diplomas for making a living were drama and drama. The 10 least popular universities are (in ascending order):

  • Communication Technologies (Median income$ 40,000; Unemployment rate4.9 percent Percentage with a diploma of graduate studies: 11 percent)
  • Cosmetology and culinary arts services (Median income$ 35,000 Unemployment rate: 3.3 percent, Percentage with a diploma of graduate studies: 12 percent)
  • Media (Median income$ 40,000; Unemployment rate: 6 percent, Percentage with a diploma of graduate studies16 percent)
  • The music (Median income$ 36,000 Unemployment rate3.1 percent Percentage with a diploma of graduate studies42%)
  • Fine Arts Miscellaneous (Median income$ 38,000 Unemployment rate5.7%, Percentage with a diploma of graduate studies: 20 percent)
  • Video film and photographic arts (Median income$ 37,000 Unemployment rate: 6.5%, Percentage with a diploma of graduate studies15 percent)
  • Fine Arts (Median income$ 37,000 Unemployment rate: 4.8 percent, Percentage with a diploma of graduate studies: 24 percent)
  • Linguistics and Comparative Language and Literature (Median income$ 40,000; Unemployment rate3.9 percent Percentage with a diploma of graduate studies45 percent)
  • Composition and rhetoric (Median income$ 37,800 Unemployment rate: 4.4%, Percentage with a diploma of graduate studies29 percent)
  • Visual and Performing Arts (Median income$ 32,000; Unemployment rate4.1 percent Percentage with a diploma of graduate studies23 percent)
  • Theater and Dramatic Arts (Median income$ 35,500 Unemployment rate: 5.2%, Percentage with a diploma of graduate studies: 26 percent)

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Despite these findings, Bankrate found that obtaining a university degree was profitable in the long run. However, there are ways to reduce your costs.

"Consider starting a community college for the first two years before transferring to a university for the last years of the program," said Greg McBride, CFA, Chief Financial Analyst at Bankrate. "Look for scholarships, grants and work-study programs – all of which could cover the costs of a degree. And calibrate the cost of the school with your revenue potential at the other end. "

Consider a community college for the first two years before transferring to a university for the last years of the program.

Greg McBride

According to the Federal Reserve, more than half of those attending college are in debt, with an average amount of $ 20,000 to $ 25,000.

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