5 Best College Degrees For A High Paying Job!

TL;DR

This video discusses five college degrees with high demand in 2020, including electrical engineering, nursing, computer sciences, construction management, and finance/economics.

Transcript

• So in this video today, we are going to be talking about what are some of the best college degrees in 2020. So gone are the days of going out there and just blindly following your passion. These days, a lot of people are paying attention to the job market and looking at what college degrees are actually in demand. And I'm not saying you guys shou... Read More

Key Insights

• 🎓 Job market demand and growth should be considered when choosing a college degree to ensure career prospects.
• ❓ Electrical engineering is highly sought after due to the growth in the consumer electronics industry.
• ✋ Nursing offers a stable career with high demand, flexible working hours, and opportunities for overtime.
• 🎮 Computer sciences provide a wide range of job opportunities in fields like app design, video game design, and IT security.
• ✋ Construction management requires strong leadership and project management skills, with high earning potential.
• 🥺 Finance and economics degrees lead to various well-paying careers, such as financial planning or financial analysis.
• ✋ Highest paying jobs are primarily found in engineering fields, but there are alternative options for those not interested in engineering.

Questions & Answers

Q: Why are job seekers advised to consider the demand for a college degree before pursuing it?

Considering the demand for a college degree before pursuing it is crucial to ensure future job prospects and return on investment. Spending a significant amount of money on education in a saturated or declining field may lead to limited job opportunities and financial struggles.

Q: What are the key reasons behind the high demand for electrical engineers?

The high demand for electrical engineers is primarily driven by the growth of the consumer electronics industry. As technology becomes more complex, electrical engineers are needed to plan and design electrical systems for various devices and technologies, including smart home technology and building automation.

Q: Why is nursing a good field to consider despite its challenges?

Nursing offers numerous benefits, such as a healthy job demand, good income potential, and a relatively shorter duration of schooling compared to other high-paying professions. Additionally, the increase in the older population contributes to the need for more nursing professionals, making it a secure career choice.

Q: What are some job opportunities available for individuals with a degree in computer sciences?

With a degree in computer sciences, individuals can pursue careers in app design, video game design, IT security, and various other fields. The rapidly evolving technological landscape provides abundant job opportunities and growth potential in the computer sciences sector.

Summary & Key Takeaways

• Consumer electronics, insurance, accounting and legal, information technology, and facilities are the industries with the most growth and demand in 2020.

• Electrical engineering is in high demand due to the growth in the consumer electronics industry, with a starting base pay of $86,280 per year.

• Nursing is a lucrative field due to the longer lifespan of the population, with an average hourly rate of $29.36 and opportunities for overtime.

• Computer sciences offer various job opportunities, such as app and video game design, IT security, with an average salary of $85,000.

• Construction management provides a salary range of $95,000 to $126,000 per year, but requires strong management and leadership skills.

• A degree in finance or economics can lead to high-paying jobs such as financial planning or financial analysis, with average salaries ranging from $61,000 to over $100,000 per year.