STEMtistic: Why Engineering Pays Off

STEMtistic: Why Engineering Pays Off

This week’s blog is courtesy of ChangetheEquation.org. Do you have students interested in engineering as a career? From a financial perspective, there are many benefits to STEM and pursuing a career in the many engineering disciplines. Read why below.

75k

The median annual earnings of an engineer with a bachelor’s degree are $75,000.

In fact, 8 of the top 10 majors associated with the highest median earnings per year are in engineering:

  • Petroleum engineering: $120,000
  • Pharmacy sciences and administration: $105,000
  • Mathematics and computer science: $98,000
  • Aerospace engineering: $87,000
  • Chemical engineering: $86,000
  • Electrical engineering: $85,000
  • Naval architecture and marine engineering: $82,000
  • Mechanical engineering: $80,000
  • Metallurgical engineering: $80,000
  • Mining and mineral engineering: $80,000

 

Source: Georgetown University Center on Education and the Workforce (2011). New Report on the Economic Value of 171 College Majors Links College Majors to Earnings. [Press release]. Retrieved from http://www9.georgetown.edu/grad/gppi/hpi/cew/pdfs/pressrelease.pdf. See also Carnevale, A.P., Melton, M. and Strohl, J (2011). What’s It Worth? The Economic Value of College Majors. Washington, DC: Georgetown University Center on Education and the Workforce.

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