Today’s tough economy has a myriad of people wondering if college is still the way to go. The best jobs pay well, and typically require years of schooling with hopes all that time and expense invested will pay off. The media is taunting with nothing but bad news about student loans, and the high price of college. Yet experts will tell you graduates with a bachelor’s degree earn around 75 percent more than high school graduates in their lifetime. It is more important than ever to choose a college degree which makes financial sense. What degree will be a solid investment over the next decade?
The top ten jobs with solid earnings and huge growth potential are a mix of old and new expectations. The medical industry will always be in demand, offering physicians some of the highest salaries. Engineering is another career area dominating the workforce highest paychecks. So what are the best bachelors’ degree careers?
In the coming years, expect to find this growing profession in high demand; with employment increase of 29% and a healthy wage. Not common areas for growth, yet times are changing. The average mean wage for geographers was $74,750 with the top earners making over $100,000. Although, considered a niche profession, geographers going into Research and Development Services area can see a beginning salary of $90,210.
9. Financial Planning
Money management will always be needed and this means there will be financial advisors. A high percentage of students will go beyond obtaining the degree and become a Certified Financial Planner. For many of graduates, this degree will pay off handsomely. Job openings in this field could increase over 27% in the next decade. The average financial advisor’s salary rolls in at about $75, 320. Certain states pay even more, with Connecticut being in the lead at $136, 680 and New York right behind with an annual mean wage of $133,110.
New businesses come and go in a trying-to-grow economy. This creates a consistent stream of opportunities for marketing professionals. The job demand for this specific career will jump to over 32% in the coming years. This is nearly three times as fast as other occupations growth. The healthy median wage of marketing specialists is $60,800 to $114,250. A market research analyst working in Semiconductor or other Electronic Component Manufacturing can see a wage package beginning at $98,320.
Logisticians are the ones who move products from production to consumer in creative ways. They are familiar with nearly every industry, so the opportunities in this field are endless, and dependent only by limitations of products produced in any given year. Overall demand for logisticians is believed to increase at least by 22% and with a healthy wage of $73,400 starting out. Those who excel in the top 10 % can make an average mean wage of $112,750.
While this one requires a bit more schooling, being a dentist in today’s job market is worthy of mention. Dentists these days are concerned with more than your teeth. They can identify undiagnosed problems like diabetes or heart disease. This intrinsic specialty comes with a comfortable median wage of $146,340. In the coming decade, over 23,300 new jobs will be created.
5. Actuarial Science/Mathematics
Actuaries assess risk and determine the precise values to client’s businesses using complex mathematical models. The Actuarial Science field is expected to see an increase of 26% as insurance companies continue to grow. Professionals working in this career choice will like the annual mean wage too. As of 2014, Actuaries brought in a hefty $94,340 to $176,190 per year. Legal services area of specialty will bring in a nice $240,500.
4. Health Care Administration
Any job within the thriving health care industry is likely to pay off. Medical and health services manager are actively in demand as the population ages. This field is going to grow a little faster than others with an expected increase up past 22% and with the demand, high salaries come with it. The average wage in health care administration is at $90,940. Experienced professionals in the top 10% are making about $155,130 per year.
Although a competitive field to break into, some positions in government are full of growth and advancement. The benefits and starting wage packages are healthy too. This career choice is not for everyone, but for those who persevere, they can expect a good salary at $56,500 to $80,802 in the median range.
2. Computer Science
The job arena with the most openings is the vast world of computers. Computer science, software engineers, and application developers are highly sought people in today’s career market. On one career board website alone, there is a staggering 99,000 listings and it is predicted 140,000 brand new positions created, will be set before 2022. Better yet, while most computer science professional’s have bachelor’s degrees, it is possible to also be self-taught and get a great wage.
The highest demand and the most impressive salaries come from those who graduate with a bachelor’s degree in some type of engineering. Engineers dominate the job market now. Seven of the best paying college majors involve the engineering fields like chemical, petroleum, electrical, civil, biomedical, nuclear, and computer. The beginning salary average is at least $57,000, with the top earners going beyond $186,520. The opportunity for growth is huge in engineering. This is the absolute number one degree which will be worth the time and money invested.
*All information and statistics come from BLS (Bureau of Labor Statistics).