Surprise! Engineering graduates earn more than liberal arts grads, reports the Wall Street Journal.
Graduates with engineering degrees averaged $56,000 in their first full-time jobs out of college, compared to $34,000 for Communications and English majors. Computer science majors start at $50,000.
The PayScale survey included 11,000 people who graduated between 1999 and 2010. The reported starting pay was adjusted for inflation to make the salaries of graduates from different years comparable.
While accounting and economics majors do fairly well in their first job, business and marketing majors don’t earn much more than social sciences and liberal arts majors.
The analysis looks at starting pay for people with four-year degrees. It does not look at pay for people who earn master’s or professional degrees.