Highest Paying Jobs With Bachelor's Degree In Psychology – donate (2024)

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Highest Paying Jobs With Bachelor's Degree In Psychology

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College graduates this year face a slight decrease in employment compared to 2023, according to the National Association of Colleges and Employers (NACE). But the average salary for college graduates is higher than for all undergraduate majors.

Data shows that college remains one of the best ways to Paid employment. Bachelor’s degree holders earn, on average, 50 percent more than high school graduates. That may be one reason why more than a third of American adults (35 percent) consider getting a college degree part of the American dream, according to the Housing Affordability Survey.

But college is expensive and not all degrees are equally rewarding. Many students take out student loan debt to cover expenses. It is important to review the salary and career opportunities of your chosen career path. This will give you a good idea of ​​how much money you can spend on your education, especially if you are borrowing money for school.

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Jobs that require advanced skills and education will pay more than jobs that do not. Data from the US Bureau of Labor Statistics shows that those with a bachelor’s degree earn nearly 50 percent more per week than those with only a high school diploma. But those with a bachelor’s degree earn about 39 percent more than those with a bachelor’s degree.

Salary usually increases with age and experience at a certain level. Average wages rise until age 54, when they begin to decline.

Laws such as the Equal Pay Act aim to reduce systemic inequality in the American labor market. However, racial and gender inequalities persist. Women and minorities (especially Hispanic and black students) earn less than their peers.

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Opportunities exist even in weather management and other jobs. The salaries below are for full-time, year-round employees.

On average, female graduates earn less than male students. The difference is $11,090 (22.8 percent) for bachelor’s degree holders, $14,230 (20.9 percent) for bachelor’s degree holders, and $13,530 (16.4 percent) for master’s degree holders or higher.

The racial wage gap has persisted in the American economy. Black and Asian workers earn more than black and Hispanic workers in all areas of education.

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The gap is particularly large among full-time Asian and Puerto Rican workers with a master’s degree or higher. Asian workers earn an average of $107,290, while Hispanic workers earn an average of just $62,290, a 53 percent difference.

We know that the gender pay gap and the gender pay gap (and their dynamics) remain an important part of our labor market. It is important that students work hard to prepare for salary negotiations. Work with your workplace and university to help them manage salary negotiations with employers. Of course, we must continue to work to close the wage gap between race and gender and with employers and through government policy. -Mary Gatta, Director of Research and Public Policy, NACE

Your field of study also plays an important role in determining your earning potential. In general, the more specialized skills, the higher the salary in the job market. Up.

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STEM majors also tend to earn more than arts and humanities. He usually earns a six-figure salary. Please note that the salary below is not a starting salary; They are aged from 18 to 77 years.

A college degree is like an investment that can provide educational benefits, growth, and career opportunities. But is it still guaranteed among the many types that affect work, career and life as a whole? Retrospective data is informative and useful, but as the saying goes, results can vary. Schools, alumni networks, and the work and efforts of individual students play an important role as well. Because there is no guarantee of repayment, students should be careful in borrowing money to pay for their education. – Mark Hamrick, Senior Economist

2024 graduates will receive starting wages across the board, according to NACE data. Humanities and social sciences majors will see the biggest salary increases, up 28.9 percent and 16.1 percent, respectively.

An Increase In Expected Future Income

While salaries for the class of 2024 are expected to increase from last year, hiring statistics are slightly lower, according to NACE.

More than half of US employers surveyed (57.7 percent) expect to hire college graduates, while nearly a quarter (24.9 percent) will increase hiring. Only a minority (17.4 percent) expected employment to decrease compared to the previous year. However, these cuts reduced employment by 5.8 percent.

That said, Mr. Gatta pointed out that this decline occurred after two years of “record” shows and employment statistics vary by sector. For example, pharmaceutical manufacturers are expected to reduce their hiring for the class of 2024 by about 13 percent, while other manufacturers will increase by 20.3 percent.

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