| Degree | Average Salary |
|---|---|
| Computer Science | $71,500/year |
| Petroleum Engineering | $98,000/year |
| Nuclear Engineering | $97,100/year |
| Actuarial Science | $89,000/year |
| Chemical Engineering | $72,000/year |
Is computer science the highest paying degree?
One of the most common questions asked by college students when considering a major is “Which degree will earn me the most money?” While there is no clear-cut answer, some degrees are known to earn higher salaries than others. In this article, we will explore whether computer science is the highest paying degree and what other degrees are known for their high earning potential.
FAQs
What is the average salary for someone with a computer science degree?
According to Forbes, college graduates with a bachelor’s degree in computer science earn $71,500/year. This makes computer science one of the best college majors for high salaries.
Are there other degrees that have higher earning potential than computer science?
Yes, there are several degrees that are known for their high earning potential. According to Payscale, the following five degrees earn the highest average salaries:
- Petroleum Engineering
- Nuclear Engineering
- Actuarial Science
- Chemical Engineering
- Computer Science
As you can see, computer science comes in fifth on this list. However, it is still a degree with a high earning potential and a promising job outlook.
What factors affect the earning potential of someone with a computer science degree?
There are several factors that can affect how much someone with a computer science degree earns:
- Experience: Generally, the more experience someone has in the field, the higher their salary will be.
- Job title: Different job titles come with different salaries. For example, a software developer may earn a higher salary than a computer support specialist.
- Employer: The size and type of employer can also affect how much someone earns. For example, a large tech company may pay more than a small startup.
- Geographic location: Different regions and cities offer different salaries for computer science graduates.
Conclusion
While computer science is not the highest paying degree, it is still a degree with a high earning potential and a promising job outlook. With the increasing demand for technology and innovation in various industries, computer science graduates are in high demand.
However, it is important to keep in mind that earning potential is not the only factor to consider when choosing a major. It is important to choose a major that aligns with your skills, interests, and values.
Overall, computer science is a great major for those interested in technology and innovation, and it can lead to a lucrative and fulfilling career.
