Statistics Degrees Offer High Salaries and Financial Stability, Study Finds
June 12, 2015
Those who study statistics not only get a great return on their college investment, but the promise of financial security throughout their careers, according to a recent report by Georgetown University’s Center on Education and the Workforce.
Among its key findings, the Center found that recent graduates of STEM degree programs earn the highest wages and have the highest career wage growth. On average, entry-level STEM major grads earn $43,000 compared to $30,000 or less for liberal arts majors (Fig. 1.1).
Within the STEM category, statistics majors are among those with the best career financial stability. By mid-career, those with a bachelor’s degree in statistics are likely to earn more than education majors who have attained a graduate degree. Furthermore, statisticians who earn a graduate degree can make upwards of $100,000 annually, or more, according to the study (Fig. 3.41).
Find the full Georgetown report here.
Related Posts
Hindsight Is 2023 for Former Statistics and Data Science Students
It’s back-to-school season! Gear up for the upcoming semester and consider diving into the captivating world of statistics and data science. Looking for diverse job opportunities that span across every industry? Look no further! With a variety of graduate programs and jobs, now is a great time for students to become data scientists and statisticians….
Elizabeth J. Kelly: “Statistics is for Adrenaline Junkies”
Elizabeth J. Kelly has always loved math, and as a professional statistician at Los Alamos National Laboratory (LANL) and a recreational rock climber, Elizabeth is an avid thrill-seeker who enjoys a challenge. “Math reminds me of climbing, including the need to focus, problem solve and persevere. I guess I ended up in statistics because I…