Thinking About a STEM Major? Your Financial Future Looks Bright

There are lots of great reasons to major in a STEM subject, but in case you need another one, it turns out graduates with STEM degrees go on to earn a pretty penny.

There are plenty of great reasons to pursue a STEM degree. The fields of science, technology, engineering, and mathematics are booming, and incredible job opportunities abound. Big-name companies like Apple, Google, Amazon, General Dynamics, and JP Morgan Chase all seek STEM-savvy applicants. Many STEM fields offer employees an experience far more engaging than a humdrum 9-to-5 office job (for example, employees at Nuance Communications got to dabble in artificial intelligence when Apple tapped the company to help develop Siri). And according to PayScale, college graduates who hold STEM degrees go on to earn the highest salaries.

In PayScale’s 2014–2015 College Salary Report, all of the top 20 majors (and the majority of the top 50) in the list of bachelor’s degrees by salary potential are STEM subjects. The top 10 spots are dominated by engineering degrees, with petroleum engineering coming in first: petroleum engineers have an early career salary of $102,300 and a mid-career salary $176,300. STEM majors like physics, computer science, business and information technology, and applied mathematics that are further down the list command more modest but still impressive salaries.

Obviously a big paycheck isn’t the only reason to pick a major, but if you’re wondering if the hard work required of a STEM degree will pay off financially, clearly the odds are in your favor. Plus, some of today’s most fascinating and exciting jobs are in STEM fields, so you could potentially end up making major bank doing something like researching industry trends as a music data journalist, putting your encyclopedic NFL knowledge to use as a sports statistician, or maybe even helping NASA put the first humans on Mars.

Think a STEM degree might be right for you? CollegeXpress has you covered! Check out these lists and explore some of the schools that are known for their excellence in various STEM subjects:

Like what you’re reading?

Join the CollegeXpress community! Create a free account and we’ll notify you about new articles, scholarship deadlines, and more.

Join Now

Tags:

About CollegeXpress

CollegeXpress

Welcome to CollegeXpress, your one-stop college shop! We’re a free college planning website used by millions of college-bound students, parents, and counselors—anyone who needs help navigating the college search and application process, financial aid opportunities, and more. You’ll find comprehensive College Search and Scholarship Search tools, tons of articles and expert advice, unique college Lists & Rankings, and lots of other resources to help make your life easier. Teen Vogue even named us one of the 7 Best College Search Websites! But current college students and recent grads also love CollegeXpress for our Graduate Program Search and endless information on student life, internships, and beyond. We really have something for everyone, no matter where you are in your college journey. 😊

 

Join our community of
over 5 million students!

CollegeXpress has everything you need to simplify your college search, get connected to schools, and find your perfect fit.

Join CollegeXpress
Keaun Brown

Keaun Brown

$2,000 Community Service Scholarship Winner, 2020

As I transition to furthering my education, I can say with certainty that it simply wouldn’t be possible without the help of generous organizations such as CollegeXpress. Those who initially founded CX had no idea their platform would give a plethora of information to a first-generation homeless kid native to the ghettos of over half a dozen states. Everyone at CX and Carnegie Dartlet gave me a chance at a future when the statistics said I had none. And for that, I thank them.

Sonny Harris

Sonny Harris

College Student

For the entire year before college, I spent a lot of time deeply considering what major I wanted to go into and how to fund my higher education. After a lot of research, I came across CollegeXpress, which helped me ultimately find a ton of scholarships for which I could apply—and some of which I received! If it weren’t for CollegeXpress, I may not have found those scholarships as they didn't appear on any other scholarship search forum. Additionally, I learned more about the options I had been considering for my major through CollegeXpress’s resources. In the end, I chose to major in Computer Science, as it seemed best suited to me and the careers in the field seemed enjoyable, and I've never been more excited to move into my future! Ultimately, I want to thank CollegeXpress for offering their services. I received enough financial aid in scholarships to fund my entire freshman year of college and even got some money refunded which I used to purchase a new laptop, and I bought all of the books I needed for the semester!

Maya Ingraham

Maya Ingraham

October 2021 Mini Scholarship Winner, Class of 2022

CollegeXpress has given me more confidence in my college process. With easy-to-access resources and guidance such as the CX Weekly Roundup, I have been able to find the best colleges for me. Most importantly, there’s a surplus of scholarship opportunities for every student to support their education.

Dani York

Dani York

High School Class of 2022

CollegeXpress helped in my journey by comparing multiple colleges for my final decision. While looking at different colleges, I was able to compare the tuition expenses and that landed me with the college that I’m currently enrolled in, Western Kentucky University. Thank you!

Mataya Mann

Mataya Mann

High School Class of 2022

To say that CollegeXpress is a helpful tool would be an understatement as it is much more than that. Before finding CollegeXpress, all I knew was that I wanted to go to college, it was going to be insanely expensive, and I felt lost. CollegeXpress has given me access to resources such as helpful tips for applications and scholarship [opportunities], and helped guide me in a direction where I feel confident moving forward and pursuing a career. CollegeXpress has helped instill a spark in me that makes me want to continue and supports me in doing so.

College Matches
X

Colleges You May Be Interested In

Pace University—Westchester

Pleasantville, NY

Moody Bible Institute

Chicago, IL

Johns Hopkins University

Baltimore, MD