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The cost of college is higher than ever, making it important to pick a major that will be valuable in the long run, with a high likelihood of post-graduation employment and a decent expected salary.
2019-08-27
Financial education company Bankrate recently determined the most valuable college majors based on the most recent data from the US Census Bureau's American Community Survey. Using weighted data, the August 2019 study determined the employment and unemployment rates and incomes for graduates for their first year out of college across 162 majors. (Each of the majors included in the study employed at least 15,000 people.) It also considered the number of college graduates who held an advanced degree.
The 10 most valuable majors were all in STEM fields, with engineering concentrations dominating seven of those spots. The median income for all degree holders observed in the study, across all 162 majors, was $55,000, and the average unemployment rate was 2.8%.
Below, see the college majors that have proven to be the most valuable to students post-graduation.
Ivan De Luce is a strategy fellow at Business Insider, where he covers changes in today's workplace, jobs in America, and how advertising affects daily life.He studied sociology at the City College of New York. Before joining Business Insider, Ivan wrote film reviews for the Knockturnal.
