It costs $201,490 on average to major in medicine, with the highest student debt being dentistry at $292,169 for example. So, if you want a career in science, but are deterred by their staggering tuition, consider these 5 majors to quickly pay off your student debts.
By majoring in Chemical Engineering, you will learn the essential knowledge in physical, chemical, and biological processes, engineering design, and synthesis skills; creatively shape and solve complex problems.
The major seems intimidating, but the payment isn’t. In 2021, Chemical Engineering is one of the most highly-paid science jobs, at $68,000 early career median wage. In comparison, it cost $75,000 of student debt for any fresh Chemical Engineer graduate.
A Chemical Engineer will mostly deal with optimizing the design, as well as enhancing and improving the operation of chemical plants. Furthermore, they also look into developing economical processes to reduce costs in converting raw materials into useful products.
The 4.0 industrial revolution has made Computer Science an essential study. With everything going digital, there is no shortage of jobs for computer scientists.
Involving several fields of science, including computer science and electronic engineering required to develop computer hardware and software, this major is segmented into smaller studies.
On average, a computer engineer makes about $65,000 per year at the beginning of their career. Combined with a high employment rate, you can always find a good job that pays well to get rid of that shoulder-crushing student loans.
Electrical and Electronic Engineering
To put it simply: Electrical and Electronic Engineering delves into making and designing the electrical products we use daily, as well as controlling the flow of power in each design.
What makes Electrical and Electronic Engineering an essential career path right now is the ever-reinvention, innovation and optimization in electronic household objects. Dealing with designing and controlling the power flow of the devices, you will be directly responsible for the safety of the device users.
A job in Electrical and Electronic Engineering pays around $65,000 per year, which is huge in paying back your $62,000 to $66,000 student loan debt should you choose this major.
Industrial Engineering works primarily in developing, improving and implementing different systems, including people, money, knowledge, information and equipment to optimize complex production processes.
With the aim to reduce production costs, as well as enhancing efficiency, Industrial Engineers are an indispensable link in any goods-producing industry. Thus, job opportunities in this field are extremely high.
Industrial Engineers can earn up to $64,000 per year, which helps tremendously in paying off the $37,000.student loan debt.
Going to college will help you increase the prospect of earning money or getting a high salary post-graduate. However, often, the student debt outpaces your annual earnings, leaving you in massive debt.
Instead of struggling to pay your student loan debt, which can last for years if you aren’t making much, choose a high-paying career in science and pay it off as soon as possible to start saving for your future.