5 Majors With High Earnings and Low Unemployment
As you look towards your future, choosing a career is a nervous time for many. It can be challenging to decide what you will do for the rest of your life. Many will recommend that you attend college for anything that you dream about, but this has proven to be an ineffective investment of your time and money. It is essential to choose an area of study that will provide you with a livable wage and a low chance of unemployment.
STEM stands for science, technology, engineering, and math. These are the 4 areas of study that are most likely to land yourself a job that pays well. Included in the STEM fields are jobs in the medical industry such as nursing, doctors, or dental hygienists.
Engineering is a field of study that may include mechanical, chemical, biomedical and civil engineering. Civil is the best option as it has the lowest unemployment rate. Civil engineers are responsible for designing and maintaining the infrastructure such as roads, buildings, and bridges.
Dental hygienists have some of the lowest unemployment rates in all fields of study at around 2.8%, and you could expect to make approximately $70,000 per year according to Payscale.com. A career as a dental hygienist will only require an associates degree and the corresponding certificates. To increase your employability and pay, you can continue your education.
Technology is a field that provides jobs for nearly everyone that graduates. You can work in areas such as software development or web development. There are many unfilled positions in all areas of technology, and the pay rates are very high. These job numbers will continue to grow as our society becomes more reliant on technology.
When choosing your degree, it is important to consider not only what you want to do for the rest of your life, but also how sustainable the area of study will be. Some jobs have peaks and valleys regarding unemployment while other jobs are always in demand. It is also important to look at the net cost of college in comparison to the amount you will be earning. For example, a doctor can be in school and training for up to 10 years which will increase overall debt, and they will not be earning money while in school. As a dental hygienist or a nurse, you can attend school for only two years and begin making money instantly. Of course then, you must compare that to the wages you might earn as a doctor after your years of schooling, and make a choice about what is more important to you.
Choosing a major and a career is a very personal decision. If you want to make that choice wisely, it’s important to consider the purpose behind getting your degree. While it’s important to choose a major that you enjoy, you should also prioritize valuable degrees that will convert into gainful employment after graduation.