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These are the top 10 highest-paying college majors — two have six-figure starting salaries
College still pays off, but the return on investment largely depends on your choice of major.
College graduates earn 37% more than those with only a high school diploma, according to a new report by Payscale. But as the cost of a degree rises, it is increasingly important to consider both your area of concentration and future earnings potential before taking out student loans to pay for college, most experts say.
Often, a good rule of thumb is not to borrow more than you expect to earn as a starting salary.
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“The fact remains that a college degree significantly impacts earning power,” said Amy Stewart, Payscale’s principal of research and insights.
“Choosing a school or major with strong income potential could cut your student loan repayment time in half, so it’s crucial to consider all your options — particularly for those who are on the fence about the value of a formal education.”
To that end, Payscale ranked which majors are the most financially rewarding, after accounting for salaries at the entry level and median income years down the road.
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