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STEM and Business Remain the Most Lucrative Disciplines

…as the peak salary among business majors averaged almost $100k while STEM majors averaged $102k. Both disciplines also saw high initial salaries right around $50,000 per year, while health care, social sciences, and language/philosophy majors had starting salaries in the $30k range. Though entry-level compensation in the social sciences and humanities is low, these disciplines experience the highest growth rate in salary.

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Students Seeking New Educational Paths

…as a May 14th survey of more than 8,000 Americans revealed that 43% of young Americans have changed their education plans due to coronavirus. Socioeconomic and health situations have changed for many Americans, thus for those still considering enrollment in the next six months, interest in online-only colleges and universities, community colleges, and trade schools is up significantly. Practical education, with a lower time and fiscal sacrifice, has become increasingly appealing, with interest in trade school skyrocketing 80% in the last year.

Interest Different Enrollment Options 2019 vs. 2020



Source: Data is from a survey conducted by Heart+Mind Strategies on behalf of the Center for Consumer Insights.
Note: Not all enrollment options are shown, thus the percentages will not add up to 100.
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