Hefty student loan tabs and high overall costs of college are making students and families reevaluate the value of a degree.
However, in the end, your return on investment is primarily determined by your choice of major and degree type.
A recent U.S. Census Bureau analysis has found that students with degrees in computer science, electrical engineering, mechanical engineering, or economics tend to earn the most.
The report found that workers in those degree fields can earn an annual income of $100,000 or more.
Degrees in education, elementary education, fine arts, family, and consumer sciences typically result in annual earnings of less than $60,000.
The Census Bureau discovered that men out-earned women in every scenario. Women with computer science degrees earned $91,990, whereas men earned $115,500.
Similarly, women earned $84,750 with their economics degree and men earned $107,300.
Georgetown University Center on Education and the Workforce found that those with bachelor's degrees typically make 75% more than individuals with only a high school diploma.
Editor in chief of The Princeton Review, said, "Just as a rule of thumb, students shouldn’t take on more debt than they expect to earn their first year after graduation."