What Are the Highest Paying College Majors?

Categories: Majors & Minors

There’s a lot to think about when you’re choosing a college. Where will you go? What will you major in? But more frequently, high school seniors are asking themselves: What’s my return on investment?

Deciding on a college major is a personal decision. Only you know what program is right for your interests, skills, and career aspirations. But the the cost of college rising every year, many high school grads want to make sure they’ll be able to pay back their loans quickly – especially if they haven’t started to apply for scholarships yet.

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Which Majors Are the Most Lucrative?
More college-bound students worried about their future earnings potential. That’s why PayScale created a list of the highest paying college majors. It shows both early- and mid-career median salaries for a range of majors.

Engineering majors of all types topped the list, with petroleum engineering majors making a median early-career salary of more than $102,000. Their mid-career median wage hit more than $176,000. This is substantially higher than child development majors, who saw an early-career median salary of just more than $32,000 annually. Pay didn’t rise dramatically for these individuals, as their mid-career median was just less than $36,500 per year.

And while some parents have been encouraging their aspiring humanities majors to choose a more marketable degree, it turns out language, history, and literature grads aren’t doing too badly after all. English literature majors start their careers with a median salary of $40,600 and boost their pay to $76,500 after 10 years in the workforce.

So … What Should I Major In?
It’s a fact: People who major in some subjects tend to earn higher annual salaries than others. But that doesn’t mean everyone is cut out to be an engineering or actuarial mathematics major.

You should choose your major based on many things. Your interests. Your skills. Your dream career. And, if you’re concerned about seeing a return on your investment, considering earnings potential before declaring a major may be worthwhile. But picking a course of study based only on salary is risky. There’s no guarantee you’ll enjoy your classes and do well in school and, perhaps more importantly, salaries aren’t set in stone. That means while PayScale’s data may show engineers outearning childhood development professionals, this may not ring true for your unique situation.

No matter what you choose though, it’s important to be informed about how your major will impact your career choices over the long term.

What are you majoring in? Do you think earnings potential is an important part of choosing a degree?

 image credit: msn.com

Original Post Date: April 15th, 2015

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18 Scholarships Expiring in April

college_scholarshipsSpring is here and if you’re a senior, you’re headed off to college in just a few months! It’s time to tackle tuition costs head-on by applying for any last-minute scholarships you can find. Here are a few expiring in April:

1. Signet Classics Student Scholarship Essay Contest
Deadline: April 14
Award: $1,000

Submit an essay on one of the questions about “Pygmalion and My Fair Lady” for a chance to earn this scholarship money.

2. Stockholm Junior Water Prize Competition
Deadline: April 15
Award: $1,000-$10,000

Students with a research-oriented, water-related science project can compete for this award.

3. Gloria Barron Prize for Young Heroes
Deadline: April 15
Award: $2,500

Students who have shown leadership in developing service projects are eligible to be nominated for this award.

4. ChairScholars National Scholarship Program
Deadline: April 15
Award: $1,000-$5,000

Students who have significant disabilities and demonstrate financial need will be eligible for this scholarship money.

5. HotelsCheap General Scholarship for Higher Learning
Deadline: April 15
Award: $1,500

Answer a set of personal, thought-provoking questions to apply.

6. A Place for Mom Senior Care Innovation Scholarship
Deadline: April 15
Award: $1,000

If you’re studying medicine, nursing, social work, gerontology, speech pathology, or a related field, you can submit a short essay to qualify for this scholarship.

7. Hays C. Kirby Video Scholarship Contest
Deadline: April 15
Award: $1,000-$5,000

This award is for students who create a unique video based on the topic “Keepers of the Constitution: Service and Freedom.”

8. Diabetes Scholars Foundation Scholarship Program
Deadline: April 15
Award: $1,000-$5,000

Students with Type 1 diabetes who have remained active in the community qualify for this scholarship.

9. Congressional Hispanic Caucus Institute Scholarship
Deadline: April 16
Award: $1,000-$5,000

Students of Hispanic descent who show leadership potential and have a record of civic engagement can apply for this scholarship.

10. New Jersey Vietnam Veterans’ Memorial Foundation Scholarship
Deadline: April 17
Award: $2,500

New Jersey students who visit the New Jersey Vietnam Veterans’ Memorial and write about their trip will be entered to win this award.

11. Illinois Restaurant Association Educational Foundation Scholarship
Deadline: April 17
Award: $500-$6,000

Illinois students who plan to work in the culinary industry can apply for this award.

12. Princeton Review College Scholarship
Deadline: April 18
Award: $1,000

Members of the National Society of High School Scholars (NSHSS) will qualify.

13. Active Calendar Scholarship
Deadline: April 20
Award: $1,000

You want to know what’s happening on campus so you can have an active social life. Now, write an essay about it to win money for school!

14. Ayn Rand “The Fountainhead” Essay Contest
Deadline: April 26
Award: $50-$10,000

High school upperclassmen who write outstanding essays on the meaning behind “The Fountainhead” qualify for this award.

15. Milton Fisher Scholarship for Innovation and Creativity
Deadline: April 30
Award: $1,000-$5,000

Are you a creative problem solver who lives in Connecticut or the New York City metro area? This scholarship may be for you!

16. Joshua David Gardner Memorial Scholarship
Deadline: April 30
Award: $2,000

For high-achieving students of African-American descent.

17. Dr. Alma S. Adams Scholarship for Outreach and Health Communications
Deadline: April 30
Award: $5,000

To qualify, students must have a 3.0 GPA, demonstrate financial need, and have participated in community service projects aimed at curbing tobacco use in underserved areas.

18. Jain Foundation Merit-Based Scholarship
Deadline: April 30
Award: $1,000

Applicants must teach at least 10 people about LGMD2B/Miyoshi myopathy, a type of muscular dystrophy, and answer questions about their experience.

Get access to more scholarships by creating a Cappex account today!

image credit: study.com

Original Post Date: April 8th, 2015

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College Names that Sound the Same

Searching for colleges can be imgresstressful. The fact that many schools have similar names and are easy to mix up makes the experience all the more confusing. This list of college names that are sound the same will help you learn the difference and decide if one could be the right choice for you.

Skidmore College vs. Swarthmore College
Skidmore and Swarthmore are both selective liberal arts colleges located in the Northeast. Skidmore, located in Saratoga Springs, New York has a 93% retention rate and a 9:1 student-faculty ratio. Swarthmore, located outside of Philadelphia, is one of the top colleges in the nation and only accepts about 15% of applicants. It is #1 on the 2015 Cappies List of Hardest Colleges.

Miami University vs. University of Miami
Miami University, the 10th oldest public university in the country, is located in Oxford, Ohio in the Miami Valley. The University of Miami is a private university located in Coral Gables, an affluent community south of downtown Miami, Florida.

DePauw University vs. DePaul University
Since they are both located in the Midwest, DePauw University and DePaul University are often mistaken for one another. DePauw University, located in Greencastle, Indiana, has about 2,200 students. DePaul University has an urban campus in Chicago, Illinois and, with more than 23,000 students, is the largest Catholic university in the country.

Cornell College vs. Cornell University
Cornell College is a small liberal arts college in Mount Vernon, Iowa. The college was named after William W. Cornell, a distant relative of Ezra Cornell, for whom Cornell University is named. Cornell University, a private Ivy League school, is located in Ithaca, New York.

Seton Hall University vs. Seton Hill University
Seton Hall University and Seton Hill University are both suburban Catholic universities. Seton Hall is located about 14 miles away from New York City in South Orange, New Jersey. Seton Hill has a campus of about 200 acres and is 35 miles from Pittsburgh, Pennsylvania.

Boston College vs. Boston University
Boston College is neither located in Boston, nor a college.This Catholic university is located in Chestnut Hill, a suburb of Boston, Massachusetts. Boston University is located in Boston, has over 30,000 students, and counts Martin Luther King Jr. among its alumni.

Wake Forest University vs. Lake Forest College
Wake Forest is a private research university located in Winston-Salem, North Carolina. It is consistently ranked among the top 30 universities in the nation. Lake Forest College, located in a Chicago suburb, is a small liberal arts college with an active campus. Over 50% of Lake Forest students participate in athletics.

Lawrence University vs. St. Lawrence University
Lawrence University and St. Lawrence University are both liberal arts colleges. Lawrence University, located in Appleton, Wisconsin, is included in every edition of the book Colleges That Change Lives and has a conservatory of music. St. Lawrence University is located in Canton, New York and has one of the oldest living/learning programs in the U.S.

Manhattan College vs. Manhattanville College
Manhattan College and Manhattanville College are both located in New York, but neither are currently in Manhattan. In 1922, Manhattan College, a Catholic liberal arts college, moved from Manhattan to the Bronx. Manhattanville College moved from Manhattan to Purchase, New York in 1952.

Wesleyan College vs. Wesleyan University
Many colleges have ‘Wesleyan’ in the name such as Illinois Wesleyan University, West Virginia Wesleyan College, North Carolina Wesleyan College, and Roberts Wesleyan College. Wesleyan College and Wesleyan University, may be the easiest to confuse. Wesleyan College is a women’s college located in Macon, Georgia and has the world’s oldest alumnae association of a degree-granting college. Wesleyan University, located in Middletown, Connecticut is among the most selective universities in the country. The university has one of the highest rates of undergraduate students going on to receive PhDs.

image credit: theodysseyonline.com

Original Post Date: April 7th, 2015

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