The Top 3 Earning College Degrees

Truly there are many factors to consider when choosing a college major. However, statistics show that a majority of college students have chosen a major that does not align with their strengths. This is because they evaluate the job market and make a decision.

Well, according to Georgetown University’s Center on Education and The Workforce’s 2015 report, ‘The Economic Value of College Majors’ is ranked 137 college major with average annual earnings. They used the data available at the U.S. Census Bureau.

CNBC and Forbes did also conduct their research and found that the 10 best-earning college degrees major in STEM fields and only one is not engineering. All in all, below are the top 3 earning college degrees:

1. Oil And Gas Engineering (Petroleum Engineering)

Petroleum engineering is a college degree that has the highest earning; according to Cnbc.in their report, they have estimated that petroleum engineering generates an average of $136,000 per year.

2. Pharmaceutical Sciences And Administration

The report also ranked the pharmaceutical science and administration as the second highest paying college degree. The report calculated the average annual earning and it was found to be $113,000 per year. This is a very attractive amount and it is the reason many people are attracted to this field.

3. Chemical Engineering

Chemical engineering college degree was ranked the third top-earning college certificate. The average income for a chemical engineer is about 97,000 per year. Therefore, a college degree certificate holder in this field can earn amounts averaging to $97,000.

Bottom-line

The amount mentioned in our list does not necessarily mean that you will earn the same or equivalent to that amount. The amount is an average estimation according to marker reports. This means that you may earn much more (double or triple) or a bit less than the average. It all depends on where you work and the kind of job you are doing.

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