While the elderly in high school reflect on the path they wish to take for the university, a new data cache highlights higher education establishments and the programs that bear fruit for students – and those who give smaller days of remuneration.
EDSURGE has brought together the most recent batch of data from the University Dash Table of the US Ministry of Education to see how colleges accumulate with regard to the profits, debt of students and diploma rates. The figures are based on the information of students who have received federal assistance, whether subsidies or loans, in public and universities.
The results are four graphics that show what the college is worth in terms of money.
Weigh the benefits against debt
As a borrower student rush to have meaning From the Battle of the Tribunal to the reimbursement policies of the Biden era, it is not surprising that Some high school students are wary The prospect of taking debt to pay for their studies.
Taking a vision of the wage bird that students land six years after registering for the first time for their college of choice, at least half of the best establishments for gains are maritime academies or have solid maritime programs.
We have written in the past naval architectureThe niche but a profitable majority university where graduates can find themselves at the head of enormous engineering projects at the start of their career, according to experts. Departure wages can vary from $ 75,000 to $ 85.00 for those who follow the military route, or from $ 75,000 to $ 100,000 for graduates who enter an industry such as oil and gas.
As the median student debt of each college increases, median income – apart from a handful that has been upside down on their income ratios / DEDT. The Grambling State University in Louisiana had the highest median student of student loan at $ 36,500; His students earned a median salary of about $ 25,600 six years after registering.
Bethany Hubert is a financial aid specialist at Going Merry by Earnest, a website that helps students find scholarships, where she spent her career helping families and school advisers understand how students can finance their studies.
Hubert says that she heard the students express their concern about the prospect of debt, but that does not necessarily dissuade them from their collegial plans.
“While students of the Z generation will especially find intimidating student loans and the cost of the college is really expensive – and they have questions on:” Is it even worth it? ” – They also feel a lot of pressure from their parents and schools to go to university, “explains Hubert. “Often, they have the impression that it is the only way forward for them. Even if they say: “Ok, well, I want to go to the university myself”, they then feel the pressure to take a diploma of a certain caliber from the university. »»
Parents generally take care of the process, she says, and may be willing to contract educational loans for their children.
Where Hubert sees reluctance if that means that the debt is among low -income and first generation students, who have less support when it comes to planning and funding their higher education.
“I think it comes to the fact that, in the past, students could visualize the return on investment in their education, with their diploma,” she says, “but now Gen Z arrives at this place where they think that university could be a bet for their financial future, not an investment. It is a kind of multifaceted problem here, where preparation for colleges and career really pushes the university, but that does not always explain how to pay for the university. This is something that I think that many schools could consider going. »»
The data supports what Hubert has experienced by talking to students and their parents.
In a Survey of approximately 1,000 attitudes of secondary students Regarding higher education, the Think Tank based in Washington, in DC, revealed that their perception of the potential return on investment of the college depended on the family income of students and the socioeconomic status. Among the students who were most worried about the cost of higher education, 57% thought that a four -year diploma “was worth investment and is generally payable” against 88% of high income students who said the same thing.
“For the next generation of students, it is not a question whether the cost is important in their post -secondary planning, but to what extent it is important: 89% of students said that the cost was” very important “or” somewhat important “to decide to follow a four -year program”, according to the organization of the organization. “Almost a third of the students questioned (29%) do not consider a four -year diploma at all or want to continue a four -year diploma, but consider the cost as an obstacle that they do not consider it as an option.”
Return
For students who wish to earn a starting salary as high as possible after obtaining the diploma, it may not be surprising that four-year study programs offering the biggest pay checks are in science.
Graduates with the highest median wages one year after graduation are those who studied IT at the University of California-Berkeley, where students had a median salary of nearly $ 150,000 with a median of $ 13,750 in student loan debt.
Other areas among college programs with the 100 most winning wages for recent graduates included nursing, pharmaceutical sciences, engineering, construction management and business administration. Students in these programs won a median of around $ 90,000 or more.
The 100 collegial programs with the lowest departure wages for graduates included majors such as theater, fine arts, dietetics and anthropology.
Graduates of the dramatic schools of Virginia Polytechnic Institute and State University gain the highest median wages at around $ 36,600, while the best median benefits of fine arts were about $ 44,500.
