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The 15 Highest-Paying College Majors

Sep 12, 2013, 22:23 IST

Flickr via alexerdeWith rising tuition costs and an unpredictable economy, choosing your college major is more important than ever. It could mean the difference between a big paycheck and career stability and having to wait tables.

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Payscale's College Salary report, published Thursday, includes data on majors from more than 1.4 million college alumni from 1,016 schools.

Petroleum engineering takes the top spot for highest-paying majors among Bachelor's degree holders, with an average mid-career salary (based on full-time employment after 10 years) of $160,000. It's followed by actuarial mathematics at $120,000, and nuclear engineering at $117,000.

"The current economy is evolving to a more technological and analytical base," Katie Bardaro, lead economist at Payscale, tells Business Insider. "If you're trying to make an educational choice now, engineering and math are likely to have a long leg."

Below are the 15 college majors with the highest salary potential, according to Payscale:

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1. Petroleum Engineering

Staring median salary: $103,000

Mid-career median salary: $160,000

2. Actuarial Mathematics:

Starting median salary: $58,700

Mid-career median salary: $120,0000

3. Nuclear Engineering

Starting median salary: $67,600

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Mid-career median salary: $117,000

4. Chemical Engineering

Starting median salary: $68,200

Mid-career median salary: $115,000

5. Aerospace Engineering

Starting median salary: $62,800

Mid-career median salary: $109,000

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6. Electrical Engineering

Starting median salary: $64,300

Mid-career median salary: $106,000

7. Computer Engineering

Starting median salary: $65,300

Mid-career median salary: $106,000

8. Computer Science

Starting median salary: $59,800

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Mid-career median salary: $102,000

9. Physics

Starting median salary: $53,100

Mid-career median salary: $101,000

10. Mechanical Engineering

Starting median salary: $60,900

Mid-career median salary: $99,700

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11. Materials Science and Engineering

Starting median salary: $62,700

Mid-career median salary: $99,500

12. Software Engineering

Starting median salary: $60,500

Mid-career median salary: $99,300

13. Statistics

Starting median salary: $52,500

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Mid-career median salary: $98,900

14. Government

Starting median salary: $43,200

Mid-career median salary: $97,100

15. Economics

Starting median salary: $50,100

Mid-career median salary: $96,700

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