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Jan 232014
 
 January 23, 2014  Posted by  College, Features, Hot Deals, Money
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If you’re thinking of going back to school, or have a college-bound senior in high school, you should know the opportunity for financial payback from the career you choose. PayScale‘s 2013-2014 College Salary report is out, and the fiscal news is good for some careers (not so much for others).

If you’re considering petroleum engineering (or almost any field of engineering), the news is excellent. You can pay back your student loans and still buy a house. If you’re thinking of going into social work or special education — or any other type of teaching — you may have to pinch pennies for a while once you’re out of school.

Note that some jobs, not rated as lucrative now because of the economy (like in the tourism industry) may take an uptick in the next few years as the economy recovers.

The income chart on the site shows typical average starting salaries and mid-career salaries (in current dollars). The data is based upon PayScale’s Salary Survey for full-time U.S. workers who possess a bachelor’s degree and have majored in one of the 130 subjects listed on the chart (people with master’s or other advanced degrees are not included). Obviously, these results may not represent all graduates with these degrees. More than 1,000 colleges and universities across the United States were included in the survey. As a result, median salary figures may be skewed toward large state universities, since these schools have the largest attendance.

The site also shows which colleges offer the best programs for certain degrees (say, music or athletic training), and a section called “Choosing a Major,” which tells you what kinds of jobs might be available for your interest area (say, art history).

Maybe money isn’t the most important thing to you. If you’d rather change the world than roll in change, see the section called, appropriately enough, “Majors That Change the World.” No. 1? Nursing.  No. 2? Special ed.  If you want to make money and a difference, choose medical engineering.

There’s even a section of advice from those who have graduated and gone on to pursue their professions – and some of the advice is quite sage. Whether you’re thinking of going to college or already in your chosen career, this site makes fascinating reading.

Linda DuVal

Linda DuVal has lived in Colorado Springs and the Pikes Peak region since 1969. She has been writing about the area for most of that time and is the co-author of the new “Insider’s Guide to Colorado Springs,” from Globe Pequot Press. She was a working journalist with The Gazette – the city’s daily newspaper – for 32 years, covering everything from city council to fashion trends, books and authors to travel and food. She has been a freelance writer since 2004, contributing regularly to newspapers, magazines and online sites. Linda owns and operates Pikes Peak On The Cheap.

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