As technology becomes the most important part of improving human life, Engineering becomes the most demanding major in all universities. But some may still question if the Engineering the best way to go for college years. But the cost of studying engineer is also high that might prevent some families from choosing it. When we start thinking about the question “Can I get the most of it with the lest investment?”, we need to calculate the ROI, which is return on investiment.
The graph above shows the 25th percentile income range of all-age student with different majors. We can see that Engineering has high low end and not a significant high end compare the health, which also is the most demanding majors. So, Engineering may guarantee your lowest income is higher than other majors with the same amount of effort.
The graph above shows the median income range of all-age students with different majors. The same principle applies to this graph. We can see that students from Engineering have higher low-end than other students from different majors. Also, we could see that the advantage that health has in the 25th percentile graph no longer exists. Engineering has over 2k advantage in income in both end compare to income from other majors.
The graph above shows the 75th percentile income range of all-age students with different majors. It is obvious that Engineering takes the lead of all majors with over 20k income at the most. When families thinking about education in college years, the tuition might differ in about less than 3k. But, as we can see from those graphs, Engineering can provide you with the most average income that exceeding almost twice the income of people graduate from other majors all times.
So, we can see that the return for Engineering is high enough that the investment is negligible. If you are wondering which major to choose in college year and spend your time with, it will be wise if you try Engineering first due to its high ROI.