5 Degrees with a Great ROI to Help You Pay Those Hefty Loans

5 Degrees with a Great ROI to Help You Pay Those Hefty Loans
  • Opening Intro -

    College is a fun time, but it's also a time to think seriously about your future and what you will be doing.

    When choosing a career path, you must think about the salary that you will see with the degree you plan to get.

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Here are four degrees that help ensure that you’ll be able to pay your student loans back before retirement.

1. Information Technology

We live in a world driven by technology. Businesses have to adjust to that. They also need someone to ensure that their business is technologically up to date and working properly. As one salary example, the median salary for a web applications developer is $80,584.

Remember that the computer sciences are all in demand today. While some specializations generate a higher average income than others, the entire field is worth considering if it is something that interests you.

2. English/ Communications

Communications skills are always in demand. Companies need to understand how to appeal to their clients. They also need someone to create a plan of action on marketing and communications internally and externally. This person needs to know how to speak and write properly as well. Communications managers average a salary of $88,498.

3. Engineering

Engineers are particularly useful today. Their field is a much more difficult than most other degrees. This leaves them with specific education on how to create things that people need. These are our inventors, they are our creators, and they are our builders. The job is the complex, and this degree, if you are up for it, can leave you with a good starting pay check. The median salary for electrical engineering supervisors is $91,997. Every new building needs an electrical engineer.

4. Math

Math is a surprisingly well-paid field. If you love math, it could be well worth your while. There are more jobs in the field than you may realize. These jobs include actuary, accounts payable/receivable manager, and operations research analysis manager.

5. Medical

There are a number of two-year, four-year, and graduate medical degrees that can get you started in the lucrative career of medicine. The population continues to rise, and the demand for medical professionals rises along with it. Someone with a master’s degree in nursing who then gets a job as a nurse practitioner can expect an average salary of approximately $79,000.

Most of your day will be helping the company you work for make good financial decisions for the future or managing the current finances. Either way, if this sounds like a good job to you, the price can be good.  An operations research analysis manager has a median salary of $146,456.

Do what you love. However, if you can love something that pays well, that never hurt anybody, right? Whatever career you’re considering, study the field and know what pay to expect.

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Last update on 2019-06-07 / Affiliate links / Images from Amazon Product Advertising API

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Categories: Career Planning