It's clear that a college education will give your earning potential a boost. The NACE reported that management information graduates reported average starting salaries of $43,653. Marketing professionals who recently graduated college reported an increase in 4.9 percent of their earnings over last year's graduates, bringing their average salary up to $36,409.
Pay-Offs for Graduates with Non-business Degrees
What's more, those with college degrees in other disciplines also saw increases in the salaries they were offered upon graduation compared to their counterparts who graduated a year earlier. Those with liberal arts educations enjoyed starting salary increases of 10.1 percent, bringing their average salaries up to $32,725.Degrees with the Highest Starting Salaries
Chemical engineering graduates were still offered the highest starting salaries, which averaged $53,639. However, their salaries grew at a much slower rate than those of business and liberal arts graduates.Computer science majors also did well salary-wise straight out of college, earning an average of $50,664.
An Education Pays Over the Long Term
It goes without saying that college graduates earn more than those who have only a diploma. According to the Census Bureau, high-school graduates earn an average of $1.2 million over their life while college graduates with bachelor's degrees earn about $2.1 million.Whether your obtain a science, liberal arts, or business education, you can probably look forward to earning a higher starting salary than those who graduated before you. You can also feel good about taking steps to maximize your overall earning potential.
Source:
NACE
