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Asset Preservation Advisors




City:Atlanta

State: GA



BIOGRAPHY:
APA’s philosophy is to work closely with our clients to develop an in-depth understanding of their unique needs and objectives. We then customize a municipal bond portfolio that best meets their specific goals and needs. APA manages high quality municipal bond portfolios in four strategies: Short-Term, Intermediate-Term, High Income, and Taxable.

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The 10 Best-Paying College Majors

College is an investment in the future, and by most accounts, a necessary one. But some investments in higher education pay off faster and higher than others.

| BY Donald Liebenson

College is an investment in the future, and by most accounts, a necessary one. Nine-in-ten Affluent Americans say that their college education was a contributor to their success, while 84 percent said they believe a college education is necessary in today’s workplace, according to Spectrem’s Millionaire Corner research.

But some investments in higher education pay off faster and higher than others. ThinkAdvisor just came out with their annual list of the best paying college majors. Their rankings are based on data collected from more than 1,000 universities and include graduates with bachelor’s degress only. The universities surveyed comprise 88 percent of American schools with an enrollment of more than 5,000.

Millionaires rank education second to hard work as the primary factor in their financial success, and they put a high premium on a college education. In wealth level studies conducted by Spectrem’s Millioniare Corner, 85 percent of respondents with a net worth between $1 million and $4.9 million have a college education, while nearly one-third (31 percent) have an advanced degree. The percentages are higher among ultra high net worth respondents with a net worth between $5 million and $24.9 million (94 percent and 34 percent, respectively).

Here, according to ThinkAdvisor, are the 10 highest-paying college majors. Click here to read the complete rankings of the top 30 best-paying majors.

10. Software Engineering

Starting Salary: $60,500

Mid-Career Salary (15 years in): $99,300 (12th)

9. Mechanical Engineering

Starting Salary: $60,900

Mid-Career Salary: $99,700 (10th)

8. Industrial Engineering

Starting Salary: $61,100

Mid-Career Salary: $94,400 (17th)

7. Materials Science & Engineering

Starting Salary: $62,700

Mid-Career Salary: $99,500 (11th)

6. Aerospace Engineering

Starting Salary: $62,800

Mid-Career Salary: $109,000 (5th)

5. Electrical Engineering

Starting Salary: $64,300

Mid-Career Salary: $106,000 (6th, tie) 

4. Computer Engineering

Starting Salary: $65,300

Mid-Career Salary: $106,000 (6th, tie)

3. Nuclear Engineering

Starting Salary: $67,600

Mid-Career Salary: $117,000 (3rd)

2. Chemical Engineering

Starting Salary: $68,200

Mid-Career Salary: $115,000 (4th)

1. Petroleum Engineering

Starting Salary: $103,000

Mid-Career Salary: $160,000 (1st)

For the record, Child and Family Studies ranks last with a starting salary of $30,300 and a mid-career salary of $37,200.

Related story: College grad hiring prospects up in 2014



About the Author


Donald Liebenson

dliebenson@millionairecorner.com

Donald Liebenson writes news and features for Millionaire Corner. He has been published in the Chicago Tribune, The Chicago Sun-Times, The Los Angeles Times, Fiscal Times, Entertainment Weekly, Huffington Post, and other outlets. He has also served as a marketing writer for Chicago-based Questar Entertainment and distributor Baker & Taylor.  

A graduate of the University of Southern California, he is married with a college-age son. He also writes extensively about entertainment.