Advanced degrees are important to supplement a high-paying engineering careers

Earning an engineering degree may provide you with a higher salary.
Earning an engineering degree may provide you with a higher salary.

Advanced degrees are important to supplement high-paying engineering careers

An undergraduate degree in a branch of engineering may offer a higher salary than a majority of other majors, according to PayScale's 2010-2011 College Salary Report.

In the list of the top ten highest paying undergraduate degrees, engineering was a main component of seven. For example, the three concentrations with the largest average earnings were petroleum engineering, with a starting annual salary of about $93,000, chemical engineering, beginning around $64,800 per year, and aerospace engineering, which starts employees at about $59,400 annually.

These salaries can increase by approximately $43,200 to $64,000 per year with experience, according to the source.

Perhaps due to these high salaries, in the 2007 to 2008 academic year, about 75,000 students were pursuing a bachelor's degree in engineering or engineering technologies, according to the National Center for Education Statistics.

Since technology is always changing, the Bureau of Labor Statistics reports that continuing education is essential for an individual in the engineering field. Although many people are accepted into entry-level positions with a bachelor's degree, higher education is preferred, especially for basic research jobs.

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