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How much will I make after I graduate?

It seems quite obvious that international students (and students in general) should think about or at least consider what career path they will take and how much they will make after they graduate, though you will be surprised how many people do not know these facts and find themselves in deep debt after they graduate and return to their home countries (or even when they stay in the country they learned in). Even if you decide to go for a low-paying field, you should do this with your eyes wide-open, knowing the facts. Here's how:


"Dollar symbol" by Svilen.milev - Own work. Licensed under CC BY-SA 3.0 via Wikimedia Commons 

How will you know where you studies will lead you and how much you will earn later in life?


1. Do your research on salary levels for your field and school. There is plenty of information online regarding salaries of grads of each school, especially if it is a US school. This will give you a good general indication,. See Payscale.com or the college ROI report.
2. Do your research on percentage of employment post-graduation – understand your chances of actually finding a job after you graduate. The schools themselves and other accessible information sources are available so you can understand this factor.
3. Make a decision trying to foresee the future. One way you can do this is by consulting with a "future you" - a mentor from a background similar to yours who has been through the process and can guide you to make the right decisions. You can find people like that on the GradTrain website.

Our global society definitely needs sociologists, social workers, historians etc., but when you make decisions on your field of study, you need to see how this will impact your life. If you find a job in academia and stay in the US, you may be able to sustain yourself, though if not, you may need to change careers at a later age if you cannot sustain yourself. The key is to make your decisions based on facts on just on gut feelings.

Below is an infographic regarding the 5 best schools in the United States in terms of return on investment (ROI).

Best Schools for College Return on Investment (ROI)
 

3 comments:

  1. The salary is not entirely depends on your graduation in my opinion. It depends also on your personal skills and possibility to work hard and be multitasking. For example I worked on my main work and was a freelance writer at the same time, it brought me enough money. That is why I want everyone to approve the use of essay writing services in institutions so students could practice their writing skills.

    ReplyDelete
  2. The job application cover letter is can get your chances of actually finding a job after you graduate.

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  3. That's good advice. It's not just about what feels good to us in one aspect of life.

    ReplyDelete