5 best earning majors in the US

 5 best earning majors in the US

Architectural engineering, Construction services are industries with low unemployment rate, high income in the US labor market.

It is becoming more and more expensive to get a college degree in the US. According to the Education Data Initiative - a research group that publishes educational data, the average cost of attending a private school, a four-year program, is nearly $54,000 a year. Even with two-year in-state programs at a public school, the cost is well over $16,000 a year. That means, you might have to spend between $32,000 and $215,800 on college education.

Bankrate, the publisher and provider of tools for comparing financial products, lists the college majors that can make you the most money, ranked from top to bottom. Bankrate is based on 3 factors including average income (accounting for 70% of rating points); unemployment rate (20%); percent of people with a higher degree, i.e. whether you need further postgraduate study (10%).

1. Architectural Engineering

With an average salary of $90,000 a year, an unemployment rate of 1.3% and a percentage of people with a higher degree at 29.3%, a bachelor's degree in architectural engineering is the most valuable.

According to Penn State Engineering, architectural engineers design complex buildings and systems. This major includes interdisciplinary skills in structural engineering, mechanical, electrical, lighting, acoustics and design engineering. If you like the challenges involved in building large systems and incorporating interdisciplinary skills, this could be a good choice.

2. Construction Services (Construction Services)

With a median income of $80,000, an unemployment rate of 1%, and a rate of 12.1% with a higher degree, construction services is the second highest rated industry.

According to TalentDesk - a contractor and freelancer brokerage platform, people who specialize in construction services can work as construction managers, cost estimators and civil engineers for large construction projects. In particular, most people can earn a high salary in this industry without a graduate degree.

3. Computer Engineering (Computer Engineering)

Holders of a degree in this industry have the highest average salary with $101,000, but only third on the list of most valuable degrees due to the unemployment rate at 2.3% and the high percentage of people with disabilities. continue to study higher up to 39.7%.

College Board, the company that administers exams like the SAT, says a major in computer engineering will provide students with knowledge related to math, physics and computer science, from which learners can develop. computer hardware and software.

Photo: EACSP

Photo: EACSP

4. Aerospace Engineering (Aerospace Engineering)

Aerospace engineers earn an average of $100,000. The unemployment rate is 1.9%. About 50.7% have a postgraduate degree. According to Georgia Tech, if you have dreams of building airplanes or one day going into space, this is the major for you.

5. Transportation Sciences and Technologies

Last on the list is Transportation Science and Technology, with an average salary of $86,000, an unemployment rate of 1.8% and a rate of 21.1 percent with a higher degree. According to the University of Florida, as cities increasingly urbanize and build transport networks, transportation engineers play an important role in solving people's mobility problems.

In general, degrees in engineering majors have the most value, according to Bankrate. Many of them focus on the construction of large and complex systems such as buildings, transportation networks.

To do the research and come up with industry rankings, Bankrate used data from the Census Bureau's survey of more than 2 million Americans as well as 2019 data from the University of Minnesota's IPUMS USA. .