Which degrees give the best financial return?

Which degrees give the best financial return?

Source / author: 
World Economic Forum
Publication date: 
1 November 2016
Publication type: 
News
Country: 
EU

If you had a university degree back in 1972, you were likely to earn 20% more than those without one. Today, that number has soared to 70%. But not all degrees will give you the same return. A report from Payscale shows that engineering and computer science graduates see the biggest return on investment. Those degrees will get you an average annual return of 12% over 20 years. The S&P 500, in comparison, will only get you 7.8%. Another big advantage of engineering is that, according to the data, you don’t need to have attended a top university to reap the benefits: graduates from less-selective schools only experienced a minor dip in their return on investment. Business and economics degrees also showed strong returns, averaging 8.7% a year.