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Article: College Degree Salary Chart
More than a decade of uninterrupted economic growth has boosted starting salaries for most college graduates, even those who majored in fields that would have once consigned them to a life of shabby academic poverty. Computer science and other technical grads still draw some of the fattest first paychecks, but the urgency to fill jobs in finance, consulting, and other high-paying jobs means even English and philosophy majors tasted the fin de siecle bounty.
Other students, unwilling to give up the humanities but concerned about drawing a healthy salary after graduation, are doubling up on majors. At the University of Pennsylvania in 1999, students created 18 new majors by combining economics with psychology, theater arts, or 16 other courses.
Here, Vault.com presents a small selection of starting salaries offered by a handful of schools from the past two years, compared with national averages compiled by the National Association of Colleges and Employers, a group that studies hiring trends among college grads.
Article Group List / Job Search / College Degree Salary Chart
College Degree Salary Chart
|
Major |
National Average |
University of Pennsylvania |
New York University (mean salary) |
|
Computer Engineering |
$45,214 |
|
|
|
Computer Science |
$44,199 |
$50,000 |
$49,000 |
|
Electrical Engineering |
$44,918 |
$48,120 |
|
|
Chemical Engineering |
$46,837 |
|
|
|
Mechanical Engineering |
$47,071 |
$43,000 |
|
|
History |
$27,997 |
$34,633 |
|
|
Psychology |
$26,477 |
$31,737 |
$35,000 |
|
English |
$26,896 |
$30,318 |
$32,000 |
|
Economics |
$35,136 |
$38,777 |
$43,000 |
The 2000 results are on the next page. ~
|
Major |
National Average |
Kansas State |
Princeton |
|
Computer Engineering |
$49,055 |
$47,940 |
$60,688 |
|
Electrical Engineering |
$48,613 |
$50,000 |
$57,706 |
|
Chemical Engineering |
$48,890 |
$48,212 |
$57,706 |
|
Mechanical Engineering |
$50,182 |
$43,457 |
$51,429 |
|
History |
$31,599 |
$27,133 |
$43,423 |
|
Psychology |
$28,811 |
$25,159 |
$34,760 |
|
English |
$29,108 |
$13,838 |
$34,533 |
|
Economics |
$37,757 |
$34,888 |
$45,266 |
|
Major |
Rice |
MIT |
Ohio State |
|
Computer Engineering |
$57,855 |
$63,900 |
$53,516 |
|
Electrical Engineering |
$52,161 |
$57,500 |
$47,317 |
|
Chemical Engineering |
$39,000 |
$50,800 |
$50,719 |
|
Mechanical Engineering |
$46,900 |
$51,300 |
$49,127 |
|
History |
$35,000 |
|
|
|
Psychology |
$37,900 |
|
|
|
English |
$54,000 |
|
|
|
Economics |
$49,370 |
$46,200 |
|
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