In Which Majors Do Students Go Farthest Into Debt?

College debt varies a lot from major to major, but some majors are worse than others. Some, like education and law, are highly sought after, while others aren’t. According to the U.S. Census Bureau, college graduates earn 71% more than their peers. However, some majors require more debt than others. A survey by a financial aid office reveals 14 majors with the highest earnings-to-debt ratio. The top four majors were physical sciences, computer engineering, general engineering, and computer science.

Although public institutions performed well on the earnings-to-debt ratio, the debt-to-earnings ratio was significantly higher than for private institutions. Only fifteen percent of bachelor’s programs resulted in more debt than graduates earned, while nine percent of undergraduate and master’s degree programs had higher debt-to-earnings ratios than their private sector counterparts. Most professional degrees tended to have the highest debt-to-earnings ratio. Some of these degrees require a lengthy residency, which extends the earning potential of the graduates.

In which majors do students go the farthest into debt and is it worth it for the extra education? It is possible to obtain a degree in any field, but the amount of debt varies greatly. Many of these majors can lead to more opportunities for student loan forgiveness. Some professions, such as teaching, enjoy higher pay, but those with the lowest payoff often experience higher debt-to-earn ratios.