3 Surprise Findings in College Degrees-Salaries Study

Expensive schools don't equal better paying jobs

   

3 Surprise Findings in College Degrees-Salaries Study

graduation caps 630 3 Surprise Findings in College Degrees Salaries StudyA study done by College Measures, a non-profit organization, revealed three surprising findings about the first-year salaries of college graduates.

  • Bachelor’s degree holders don’t always earn more money than short-term degree holders: The study found that new graduates in Texas with short-term degrees earned an average salary of $11,000 more than new graduates with bachelor’s degrees. 
  • Expensive schools don’t equal better paying jobs: In Colorado, first-year earnings of Colorado State University’s Fort Collins campus graduates averaged at $36,777 a year. Fort Collins’ tuition this year is $7,494. First-year earnings of CSU’s Pueblo campus graduates averaged $37,726 a year. Tuition at Pueblo is $4,894 this year.
  • Science degrees don’t match up to technology, engineering and math degrees: Starting salaries for math, technology and engineering degrees start at anywhere from $38,673 to $52,200 a year. Holders of a biology degree start out making $27,893 on average, holders of a sociology degree start out at $30,044 on average, and holders of a psychology degree start out at $29,040 on average. Holders of chemistry degrees did slightly better, starting out at $31,070 on average.

More information from the study can be found in USA Today’s story concerning the worth of college degrees.


Article printed from InvestorPlace Media, http://investorplace.com/2013/09/3-surprise-findings-in-college-degrees-salaries-study/.

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