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Terri Cullen, Monday, August 16th, 2010
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Top 10 Best and Worst Paying College Degrees

If your kid’s about to head off the college, you may want to consider urging them to change their major. A new study by salary research company PayScale Inc. found that students who majored in math-focused fields of study go on to earn the highest salaries, while students who majored in education and child studies typically earn the least.

PayScale compiled the best and worst undergraduate college degrees in its 2010-11 College Salary Report. Petroleum and aerospace engineering were the top-earning degrees, bringing in a mid-career median pay of $157,000 and $108,000, respectively. Child and family studies and elementary education rounded out the bottom two worst-paying degrees, with median mid-career earnings of just $38,400 and $44,400, respectively. In comparison, the worst-paying job for doctors -- family practice -- earned $175,000, according to a recent study by Forbes magazine.

Here are the Top 10 best and worst paying undergraduate degrees, according to PayScale.

    Best Undergraduate College Degrees by Salary

Undergraduate Degree
Starting Median Pay
Mid-Career
Median Pay
Petroleum Engineering $93,000 $157,000
Aerospace Engineering $59,400 $108,000
Chemical Engineering $64,800 $108,00
Electrical Engineering $60,800 $104,000
Nuclear Engineering $63,900 $104,00
Applied Mathematics $56,400 $101,00
Biomedical Engineering $54,800 $101,000
Physics $50,700 $99,600
Computer Engineering $61,200 $99,500
Economics $48,800 $97,800

   
       Worst Undergrad College Degrees by Salary

Undergraduate Degree Starting Median Pay Mid-Career
Median Pay
Child and Family Studies $29,500 $38,400
Elementary Education $31,600 $44,400
Social Work $31,800 $44,900
Athletic Training $32,800 $45,700
Culinary Arts $35,900 $50,600
Horticulture $35,000 $50,800
Paralegal Studies/Law $35,100 $51,300
Theology $34,700 $51,300
Recreation & Leisure Studies $33,300 $53,200
Special Education $36,000 $53,800


The median pay is based on graduates with bachelors who did not go on to acquire higher degrees. Typical starting graduates had two years of experience, while mid-career had 15 years of experience. To see the complete list of degrees, and the methodology for the ranking, click here.
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mdicken123
Thanks. I have 2 boys in college right now that needed to see this.
August 17, 2010 - [ 14:30:16 ]
Anonymous
Where does Pharmacy rank? Most Pharmacists earn $90,000- $100,000 right out of school.
August 17, 2010 - [ 15:59:10 ]
Bill R
Why was Pharmacist not in your survey? They start higher than your number 1 position
August 17, 2010 - [ 16:07:33 ]
Anonymous
In our hospital, nurses start at 53000 fresh out of school and make 70000 after 2 years of experience and this is not including their shift differentials and other benefits. The midcareer salary for nursing here is totally inaccurate. Nurses who hold Bachelor's degress could still go up the career ladder and make 100000 after a few years of experience.
August 17, 2010 - [ 16:14:22 ]
Anonymous
Pharmacists are not included in this list because one cannot enter the pharmacy career with only an undergraduate degree.
August 17, 2010 - [ 16:58:44 ]
anonymous
Many pharmacy schools still offer a BS in pharmacy which is an undergraduate degree.
August 17, 2010 - [ 21:28:42 ]
Anonymous
Point of correction - all pharmacy schools offer entry-level Doctor of Pharmacy degree (Pharm.D). For one to be licensed in the US, you must have a Pharm.D now. There are no schools offering Bachelor of Pharmacy in the US!!!!
August 18, 2010 - [ 1:59:02 ]
Anonymous
no. BS in pharmacy is no longer offered in the US.
August 18, 2010 - [ 2:02:15 ]
Anonymous
These are rankings for undergrad degrees, Pharmacists (now PharmD, are an advance degree)
August 18, 2010 - [ 8:54:30 ]
Anonymous
PharmD's are not undergrad degrees. Read the fine print people
August 18, 2010 - [ 9:20:50 ]
rodlbrum
The reason pharmacists aren't mentioned is because it is no longer an undergraduate degree. My husband is a pharmacist and you have to obtain a PharmD now.
August 18, 2010 - [ 19:40:48 ]
Anonymous
Pharmacy is a 6 year program that one can enter directly upon graduation from high school and because of the recent shortage in pharmacists, many new programs have opened across the country.
October 22, 2010 - [ 17:03:17 ]
katalist@gmail.com
Pharmacy is NOT considered an undergraduate degree, since you must go to college for 6 years!
March 22, 2011 - [ 12:50:38 ]
Sharon
My grandson graduated with a degree in Economics and he got jobs in the Financial field and they robbed him of his commissions and at the end of the year for the big bonus, they fired him no bonus. Then he took a job with the a Nationwide insurance company and every time he signed up a customer for an annuity the boss in his office took part of the Commission and sometimes all of the Commissions saying the client belonged to another salesman who was no longeer with the Company because the Company gave my grandson a list of potential investors and their names were on the other fired salesman. Get Industry cheating young college naive graduates. The Insurance industry and Financial industry are corrupt. Our kids have no recourse they are innocent and caught up in corruption. If they complain they are blacklisted .There is no hope unless they marry the bosses daughter.
April 7, 2011 - [ 9:10:41 ]
rajkamal saini
thank u . but the information is not updated......
May 19, 2011 - [ 3:45:23 ]
danny
You cant be a pharmacist with a bachelors degree....
January 10, 2012 - [ 3:38:39 ]
Anonymous
Idiots....pharmacy is a GRADUATE DEGREE hence would not be included in this survey!! And you fill subscriptions for people??? God help us!!!
March 28, 2012 - [ 13:28:25 ]
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