Bachelor's degrees are available from colleges and universities.
Bachelor's degrees offer students about 40 courses, or 120 credit hours, of post-secondary education. The first two years are typically devoted to liberal arts subjects such as English, social and physical sciences and math. The last two concentrate on the topics specific to the degree such as computers, accounting or music. Though the cost of obtaining this education is high, the financial rewards reveal themselves in higher pay.
Jobs
The income of those with bachelor's degree depends primarily on the type of job they receive and its responsibilities. For example, a financial controller, who is responsible for tracking the money that flows through an organization, earns $77,896 per year. A registered nurse, who takes care of the sick and injured, gets $56,708 annually. Software engineers, who design software to make hardware function, get $65,132. And staff accountants, who record and process financial transactions, are paid $43,716.
Experience
Bachelor's degree holders who spend more time on their jobs are exposed to more solutions, develop more skills and deal with more types of customers and processes. Their value to an organization increases and so do their salaries. For instance, new employees earn a median $40,105 per year, while those with one to four years of work get $44,289. At five to nine years of employment, they make $56,775, and at 10 to 19 years, they receive $69,116. Finally, with 20 or more years of experience, they make $78,493.
Employer
The hiring industry can affect salaries because it defines duties, responsibilities, processes and customers. The highest paying is software development, with median salaries at $76,163 per year. Information technology services is next with pay at $69,981, followed by financial services at $67,580. Colleges and universities pay $44,510 and health care offers $63,298.
Geography
High-population states not only offer the most jobs for holders of bachelor's degree but also the highest salaries. For example, California, the most populous state in the country, has mean salaries of $67,020 per year, followed by New York at $60,246 annually and Texas at $56,490 yearly. As for cities, the high cost of living in San Francisco boosts median salaries to $76,889 per year. Next comes Los Angeles, with median pay at $66,856 annually, and New York City at $64,945 yearly. The cities are the two most populous in the U.S.
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