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Actuarial science is the most valuable college
major, according to a new Bankrate.com survey that ranks 162 majors
based on average income and unemployment rates.
Adrian
Garcia, an analyst with Bankrate, says actuaries are people you may
want to thank or blame for the premiums you pay on car, home and health
insurances. It's the top major because the average income is $109,000
and the unemployment rate is just 2.3 percent.
Garcia
says the survey looked at how many graduates went on to get a master's
or doctorate degree, knowing you may have to dip into your savings or
take out loans to do that. But only 22 percent of actuaries did so,
suggesting you can get a good job without having to have further
schooling.
Actuarial science is considered a STEM (science, technology, engineering, mathematics) degree, which dominates the Top 5 list. At No. 2 is zoology, followed by nuclear engineering, health and medical preparatory programs and applied mathematics — all with six-figure incomes and low unemployment rates.
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Source: New Jersey 101.5 FM Radio