Finding a job after graduation is not a matter of course.
While the job market is strong and college graduates are still more employable — and earn more — than their high school counterparts, major and degree choice goes a long way toward determining how fit you are.
A bachelor’s degree in math gives students the best chances of finding a job right after graduation, followed by BAs in chemistry, history and music, according to a recent study by ProWritingAid, based on data from the U.S. Department of Education and nationwide college education.
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Certainly, employability is not the same as earning potential, the report said.
“Often graduates are faced with a choice between a secure degree that gives them a better chance of landing a job right away or one that, if the job gets them done, can earn them a good salary within a few years,” said a spokesperson for ProWritingAid. .
The study’s findings include:
- Of the math majors, graduates of Johns Hopkins University in Baltimore were the highest paid when they first started, with an average salary of $70,019 in the first year and $101,777 in their third year after graduation.
- Alternatively, the highest paid chemistry graduates came from public universities. Graduates with a bachelor’s degree in chemistry from San Francisco State University have a median salary of $60,594 three years after graduation.
- For history majors, Rice University, in Houston, offers the highest earning opportunities, with an average salary of $61,295 three years after graduation.
- Music graduates from Stephen F. Austin State University had the highest median salaries – $45,138 – followed by West Texas A&M University and North Dakota State University.
When it comes to highest-paying majors, the top 10 fields of study are all related to engineering — with the exception of computer science, according to the New York Federal Reserve’s recent report on graduate salaries.
Just out of college, computer science majors are probably the highest paid, averaging $75,900, followed by engineering graduates, the National Association of Colleges and Employers also found.
After adding in considerations such as job satisfaction and stress level, students who focused on computer science, business, engineering and health administration were most satisfied with their choice of concentration, according to a separate survey from job marketplace ZipRecruiter.
According to ZipRecruiter’s survey of more than 5,000 college graduates, those who studied English, Education, Communications, Biological Sciences, and Law said they regretted it the most.
During the pandemic, more students questioned the value of a college degree and whether a four-year program was worth it, given skyrocketing costs and student debt.
The College Transparency Act, passed in the House, aims to make it easier for families to measure return on investment and how it translates into jobs and salaries on the road.
The Senate version of the bill is sponsored by Sens. Bill Cassidy R-La.; Elizabeth Warren, D-Mass.; Tim Scott, RS.C.; and Sheldon Whitehouse, DR.I.
Meanwhile, many private groups, including The Princeton Review, have also devised their own measures for ranking schools by value, taking into account costs, including tuition and room and board, as well as financial aid, academic offerings, career placement services, graduation rates. , alumni salary and total student debt.
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