The Highest Earning Degrees to Earn in 2022

by Welcome to Outsons
Money

Many wonder whether college is worth it when so many self-taught developers, content creators and entrepreneurs are making a fortune so easily. It’s true that you have a lot of opportunity online to build a brand in 2022, but that doesn’t mean you should forgo the value of a higher education. Going to college is worth it so long as you invest in the right degree.

While philosophy and English majors may be pained to hear it, the truth is that many degrees do not get you far in today’s tech driven, marketing minded workforce. To get the most out of your studies, here are the most profitable college degrees and potential careers for you to consider in 2022.

How Much Should You Spend on a Degree?

The average American student has roughly $40,000 in student debt when they graduate, which is no small amount. If your starting salary is barely above minimum wage, you could find yourself earning per year what you used to spend annually on tuition. Choosing your school wisely, and taking advantage of financing options, is crucial here.

If you qualify for merit-based awards, by all means, use them to your full power. But don’t overlook options like private student loans either. Private lenders can be more flexible than federal loans. You can score lower interest rates off the bat and consolidate or refinance for greater post-grad financial freedom.

Highest Earning Degrees in 2022

Below are the five most profitable degrees to earn in 2022. These will help you qualify for some of the fastest growing markets, giving you a chance to land a good position before they become oversaturated. Don’t forget though, that you still need to know and follow money management tips regardless of your salary to be able to optimize for financial health.

Artificial Intelligence

Entry-level AI engineers can start their careers with a six-figure income. Artificial intelligence is the way of the future, so specializing in a computer science degree with a concentration in AI or machine learning will help you qualify for some of the best-paying, fastest growing careers in various industries.

Healthcare Administration

Throw in some technical skills, perhaps thanks to a minor in comp sci, and you could be well on your way to a management position just a few years after graduation. Healthcare administrators are particularly relevant in today’s society as we adapt to the rapid changes caused by COVID.

Information Technology

IT won’t be going anywhere anytime soon, especially as Big Data, cloud computing and AI continue to overtake the business, technology, and healthcare sectors. Specializing in an emerging technology will give you the necessary edge to land a higher-paying job right out of school.

Economics

Having a degree in economics prepares you to enter the business world as a financial advisor, consultant, or analyst immediately upon graduation. The best part about this degree is that it’s flexible, so you can apply your skills to an industry you’re passionate about.

Management Information Systems

Managing technology means creating a better world for us and the next generation. Management information systems is the intersection between people, IT and computer science that opens the door for careers as a programmer, developer and, eventually, director.

Conclusion

With that in mind, you should still be thoughtful about how much you really want to pay for a degree. The hard truth is that most employers really don’t care that you went to Harvard. People who graduate from community colleges can score great jobs, too, so long as they have the skills and talent to carry them through. State schools should always be your first option because they offer the greatest tuition rates for residents. Strive to keep your costs to under $10,000 a year for tuition, including books and study materials. Applying for scholarships each semester may be able to save you several hundred to several thousand on top of any aid you receive or loans you borrow.

 

 

About the Author

Drew Allen is a financial enthusiast, seasoned blogger, music and sports fanatic. He enjoys spending time outdoors with his wife and daughter fishing and boating. He is dedicated to his 20+ year career in the banking, mortgage, and personal finance industry.

Many wonder whether college is worth it when so many self-taught developers, content creators and entrepreneurs are making a fortune so easily. It’s true that you have a lot of opportunity online to build a brand in 2022, but that doesn’t mean you should forgo the value of a higher education. Going to college is worth it so long as you invest in the right degree.

While philosophy and English majors may be pained to hear it, the truth is that many degrees do not get you far in today’s tech driven, marketing minded workforce. To get the most out of your studies, here are the most profitable college degrees and potential careers for you to consider in 2022.

How Much Should You Spend on a Degree?

The average American student has roughly $40,000 in student debt when they graduate, which is no small amount. If your starting salary is barely above minimum wage, you could find yourself earning per year what you used to spend annually on tuition. Choosing your school wisely, and taking advantage of financing options, is crucial here.

If you qualify for merit-based awards, by all means, use them to your full power. But don’t overlook options like private student loans either. Private lenders can be more flexible than federal loans. You can score lower interest rates off the bat and consolidate or refinance for greater post-grad financial freedom.

Highest Earning Degrees in 2022

Below are the five most profitable degrees to earn in 2022. These will help you qualify for some of the fastest growing markets, giving you a chance to land a good position before they become oversaturated. Don’t forget though, that you still need to know and follow money management tips regardless of your salary to be able to optimize for financial health.

Artificial Intelligence

Entry-level AI engineers can start their careers with a six-figure income. Artificial intelligence is the way of the future, so specializing in a computer science degree with a concentration in AI or machine learning will help you qualify for some of the best-paying, fastest growing careers in various industries.

Healthcare Administration

Throw in some technical skills, perhaps thanks to a minor in comp sci, and you could be well on your way to a management position just a few years after graduation. Healthcare administrators are particularly relevant in today’s society as we adapt to the rapid changes caused by COVID.

Information Technology

IT won’t be going anywhere anytime soon, especially as Big Data, cloud computing and AI continue to overtake the business, technology, and healthcare sectors. Specializing in an emerging technology will give you the necessary edge to land a higher-paying job right out of school.

Economics

Having a degree in economics prepares you to enter the business world as a financial advisor, consultant, or analyst immediately upon graduation. The best part about this degree is that it’s flexible, so you can apply your skills to an industry you’re passionate about.

Management Information Systems

Managing technology means creating a better world for us and the next generation. Management information systems is the intersection between people, IT and computer science that opens the door for careers as a programmer, developer and, eventually, director.

Conclusion

With that in mind, you should still be thoughtful about how much you really want to pay for a degree. The hard truth is that most employers really don’t care that you went to Harvard. People who graduate from community colleges can score great jobs, too, so long as they have the skills and talent to carry them through. State schools should always be your first option because they offer the greatest tuition rates for residents. Strive to keep your costs to under $10,000 a year for tuition, including books and study materials. Applying for scholarships each semester may be able to save you several hundred to several thousand on top of any aid you receive or loans you borrow.

About the Author

Drew Allen is a financial enthusiast, seasoned blogger, music and sports fanatic. He enjoys spending time outdoors with his wife and daughter fishing and boating. He is dedicated to his 20+ year career in the banking, mortgage, and personal finance industry.

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