An Engineering Degree Can Earn You A Large Salary!
Students who want the best return on their tuition investment might consider engineering majors
. Engineering degrees account for four of the five most highly paid majors among the college class of 2010, according to a National Association of Colleges and Employers 2010 Salary Survey. There are also a variety of engineering specialty areas from which students can choose. If you are interested in this, then you should learn more about
accredited college degree.
There are chemical, electrical, petroleum and computer engineers, for instance. Where chemical engineers work with chemical products and more from raw materials, computer engineers create computer hardware and software, in some instances for video games, the Michigan State University web site notes. Electrical engineers, on the other hand, design, develop and test electrical equipment related to aircraft motors and the like, according to the Michigan institution. Petroleum, according to the University of Texas at Austin, produce oil, gas and other resources from the earth.
These types of engineers in 2010 were offered starting salaries of between $49,381 and $74,799 that were among the four highest, the Salary Survey Shows. At least one representative of the National Association of Colleges and Employers in a news release attributed these high salaries to the fact that the supply of engineers isn't meeting the demand. Only 5.4 percent of the 1.5 million-plus degrees awarded in 2008 were engineering degrees, the association reported. Be sure to find more information about
online graduate degrees.
There are also civil engineers who plan, design and assist in operating water resources, transportation and environmental systems and urban development, the Michigan State University web site notes. Biomedical engineers, according to North Carolina State University, solve problems related to medical care and work for hospitals, pharmaceutical companies, medical schools and more. Biomedical engineers are expected to see the fastest employment growth into 2020-2021, according to the Bureau of Labor Statistics. Civil Engineers that in 2008 held the most engineering jobs, should see the largest employment increases over the next decade, the Bureau of Labor Statistics notes.
The solid investment an engineering degree provides isn't new. In 2007, author and MSN Money columnist Liz Pullman Weston used U.S. Census information to come up with rough income increase estimates and compared these estimates with the cost of a college, university or technical school education. She too cited engineering degrees as giving graduates the biggest payoff. Students can expect to pay varying tuition and fees depending upon whether they choose two- or four-year institutions and whether colleges, universities and technical schools are private or public, the College Board notes. Financial aid also plays a role, according to the College Board. Students who plan to enter engineering fields might plan at least to obtain a bachelor's degree, the Bureau of Labor Statistics notes.
Students who receive scholarships, fellowships and grants for college might, after this assistance is taken into account, expect to pay $7,020 for in-state and $11,528 for out-of-state annual tuition and fees at public four-year colleges, according to the College Board. Annual tuition and fees at private institutions, is at about $26,274 after financial assistance is considered, the College Board notes. Students might consider online college, university and technical school engineering programs as a means of saving on additional costs, such as room and board and commuting.
US News & World Report each year ranks America's best colleges in different areas. The publication in 2010 includes engineering programs, breaking them down by area of study and whether institutions, all accredited by the Accreditation Board for Engineering & Technology, extend as far as bachelor's degrees or into doctoral programs. Institutions with doctoral programs tend to have the widest range of offerings, the publication notes. Rankings are based on scores provided by administrators and senior faculty members who are familiar with the programs, according to US News & World Report.
by: Michelle Conner
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