Interest Rates on Federal Student Loans to Rise Next School Year

While it can be hard to determine that number, you can get a rough idea of what workers in various occupations earn from data on the Department of Labor website. Your choice of major also affects your eventual pay and how much debt you can expect to pay off after graduation, said Michael Itzkowitz, founder and president of the HEA Group, a consulting firm focused on college access and success.

Some majors are more likely to result in higher salaries, Mr. Itzkowitz said. The group published a spreadsheet on Thursday, based on April data from the Department of Education’s College Scorecard, of the average salaries for the most popular majors, as well as the highest-paying majors, four years after graduation. The top salaries — $90,000 and higher — are concentrated in majors like petroleum or computer engineering, computer science and pharmacy, while salaries in fields like the fine arts, studio arts, dance and theater are in the low- to mid-$30,000 range.

“Everyone needs to…

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This article was written by Ann Carrns and originally published on