A specific student student graduating from high school in 2025 can take an estimated $ 40,000 in loan before they complete their college education, and the interest rates on graduate federal student loans are the highest that they are in more than 10 years, Nerdwallet Informed,
The price tag that comes with a college degree has a continuous balloon in the last several decades – with a shocking growth in the last 15 years.
Between 2000 and 2022, average tuition and fees increased by 60%, from $ 9,204 to $ 14,688 per year, and those costs only increased by 13% in only 12 years between 2010 and 2022, according to alone Bestcolleges,
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Today’s college graduates can expect to spend $ 153,080 by the end of their undergraduate education, per per. Student’s choiceAn organization that is a partner with more than 300 credit unions to facilitate student borrowing solutions.
But which colleges Major – and career they make it possible for new graduates – provide the highest returns on students’ investment?
The student option examined data from the Labor Statistics Bureau to indicate the average income for the top 20 most popular colleges in the US, the analysis spent five years and four years in paying the average annual cost of the college in the workforce.
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According to the report, engineering emerged as a degree with the highest five-year returns on investment at 326.6%, and computer science/technology came second at 310.3%.
Computer and information system managers and advertising, promotion and marketing managers took away the top places for career with the highest five -year returns on investment at 553.7% and 511.4% respectively.
Related: According to a new report, these 3 businesses are likely to disappear in the next 20 years due to AI.
Take a look at the Choice Infographic below for the entire picture of the Major and career offering the highest return on investment for the price of college education.
Image Credit: Courtesy of student choice
A specific student student graduating from high school in 2025 can take an estimated $ 40,000 in loan before they complete their college education, and the interest rates on graduate federal student loans are the highest that they are in more than 10 years, Nerdwallet Informed,
The price tag that comes with a college degree has a continuous balloon in the last several decades – with a shocking growth in the last 15 years.
Between 2000 and 2022, average tuition and fees increased by 60%, from $ 9,204 to $ 14,688 per year, and those costs only increased by 13% in only 12 years between 2010 and 2022, according to alone Bestcolleges,
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