Getting a job after graduation is not a given.
While the job market is strong and college graduates are still more employable—and earn more—than their high school counterparts, choosing a major and degree largely depends on how employable you are.
Bachelor’s degree in mathematics gives students the best chance of getting a job right out of high school, followed by a bachelor’s degree in chemistry, history and music, according to a recent research by ProWritingAidbased on data from the US Department of Education and postsecondary programs nationwide.
Of course, employability is not the same thing as earning potential, the report notes.
“More often than not, graduates are faced with a choice between a safe degree that gives them a better chance of getting a job right away, or an academic one that, if it leads to employment, can earn them a good salary for a few years,” a spokesperson for ProWritingAid said.
The results of the study included:
- Among math majors, Johns Hopkins University Baltimore graduates were the highest-paid freshmen, earning an average salary of $70,019 in their first year and $101,777 in their third year after graduation.
- Alternatively, the highest paid chemistry graduates come from public universities. Graduates with a bachelor’s degree in chemistry from San Francisco State University have an average salary of $60,594 three years after graduation.
- For history majors, Rice University in Houston offers the highest career prospects with an average salary of $61,295 three years after graduation.
- Graduates from Stephen F. Austin University of Music earned the highest median salary at $45,138, followed by West Texas A&M University and North Dakota State University.
When it comes to the highest paying specialtiesall of the top 10 fields of study are engineering-related – except for computer science, according to the New York Federal Reserve a recent report earnings of college graduates.
The National Association of Colleges and Employers also found that just out of college, computer science majors will be the highest paying, earning an average of $75,900, followed by engineering graduates.
After adding considerations such as job satisfaction and stress levels, among other factors, students who focused on computer science, business, engineering and healthcare management felt the most satisfied with their choice of concentration, according to a separate study of the ZipRecruiter job market.
According to a ZipRecruiter survey of more than 5,000 college graduates, college students who majored in English, education, communications, biological sciences and law have the biggest regrets.
The College Transparency Act, which passed the House, aims to make it easier for families to measure the return on investment and how it affects employment opportunities and earnings down the road.
Senate version the bill is authored by Sen. Bill Cassidy, R-La.; Elizabeth Warren, Massachusetts; Tim Scott, RS.C.; and Sheldon Whitehouse, DR.I.
Meanwhile, many private groups, including The Princeton Review, have also come up with their own measures for ranking schools based on costconsidering the cost, incl tuition, room and boardas well as financial aid, academic offerings, employment services, graduation rates, graduate wages, and total student debt.