Sunday, September 13, 2015
Students: Want To Earn Great Money When You're An Adult? Read This
Attention all Dorchester students who are old enough to read: You should read this. (If you're a parent who doesn't want your child living at home when they are 30 or older, you should read this, too.)
Over the last few decades, our society has been brainwashed into believing a four-year college is the only path to a lucrative career and comfortable living. But recent years have proven that's not the case.
Our country is drowning in $1.5 TRILLION of student loan debt. We know personally many young people who are saddled with big debt (more than $100,000) because they have one or more degrees in subjects like sociology, psychology, English, theater or history -- only to find they aren't employable in careers that command more than $25,000-$35,000 a year.
Well-paying job demand is currently highest in the trades and technical vocations -- careers in welding, construction, electrical, plumbing and the like.
These careers often lead to business-ownership opportunities. Best of all, they only require a two-year degree that can be attained without using student loans.
However, for those who want a four-year degree -- or who've been told by their parents that they most obtain one -- here's an article we found at Kiplinger, the finance publication. Kiplinger looked for courses of study that tend to lead to fat paychecks -- both right out of school and farther along in a career path. They also sought out majors that are in high demand based on recent online job postings as well as long-term growth expectations for related occupations.
Here are Kiplinger's top 10 majors with the best shots at success in the workplace, complete with generous incomes and an abundance of job opportunities:
10. Nursing. Starting salary: $56,900
9. Actuarial Mathematics. (Work in the insurance and finance industries analyzing the costs of risk and uncertainty.) Starting salary: $60,800
8. Civil Engineering. (Energy projects, city planning.) Starting salary: $55,100
7. Statistics. (Data collection for businesses and government.) Starting salary: $54,900
6. Physics. Starting salary: $57,200
5. Finance. Starting salary: $50,900
4. Economics. Starting salary: $51,400
3. Software Engineering. Starting salary: $61,700
2. Management Information Systems. (Computer and information systems managers.) Starting salary: $56,300
1. Computer Science. Starting salary: $61,600
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