Best and worst Master's Degrees Program

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Best and worst Master's Degrees Program


Best and worst Master's Degrees Program

It's no secret that earning a college degree in America can be expensive. More than 44 million Americans have taken out student loans to pay for school and their debt totals $1.4 trillion. The average debt load for 20-year-olds is $22,135. For 30-year-olds, it's $34,033.

So, according to a report from financial-advice website Moneyish and compensation site PayScale, paying even more for a master's degree can be a risk: "The average debt of a person with a Master of Arts degree hit an inflation-adjusted $59,000, up from $38,000 in 2004."

These numbers don't mean you shouldn't pursue your dream major or dream job. But it may help to know that there are certain fields where students tend to earn more money after graduating.


Based on the report, here are the top five best Master's degree majors to choose if you want a high-paying job:

Nurse Anesthesia


Early-career median pay: $143,000
Mid-career median pay: $165,000


Telecommunications Engineering


Early-career median pay: $76,200
Mid-career median pay: $141,000

Finance and Economics


Early-career median pay: $68,000
Mid-career median pay: $134,000

Electrical Engineering


Early-career median pay: $80,600
Mid-career median pay: $130,000

Computer Engineering


Early-career median pay: $86,400
Mid-career median pay: $129,000

The 10 college majors with the most free time


And here are their top five worst master's degree majors to choose if you want a high-paying job:

Human Services


Early-career median pay: $39,500
Mid-career median pay: $46,600

Early Childhood Education


Early-career median pay: $40,600
Mid-career median pay: $49,200

Professional Counseling


Early-career median pay: $40,400
Mid-career median pay: $51,200

Community Counseling


Early-career median pay: $40,900
Mid-career median pay: $51,700

Museum Studies


Early-career median pay: $41,000
Mid-career median pay: $52,700

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