Best College Degrees for 2023

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Choosing a major is a bit of a balancing act. It’s important to pursue a degree that can lead to a good job — but you also want to choose a field that fits your skill set and interests. The best degrees to get are ones that you feel passionate about and also offer you job opportunities after graduation so you can get a return on your educational investment.

If you need to choose a major that will spark your interest and provide you with good job prospects, check out some of the best degrees to get in 2023:

In this post:

In demand majors

To determine the “best” degrees for 2023, we looked at which majors lead to well-paid jobs in growing fields. The following majors can help you land a job that earns more than $60,000 — the median wage for all jobs requiring a bachelor’s degree, according to the Bureau of Labor Statistics (BLS). Additionally, each of these fields offers plenty of job opportunities so you don’t have to wait for someone to retire to gain entry to the field.

See Also: Which Graduate Degrees Deliver More Debt than Income?

Biology

Majoring in biology at the undergraduate level can provide you with a number of potential career avenues. These are the top jobs that biology majors could consider after graduation, according to the BLS:

  • Medical scientists, not including epidemiologists: With a projected growth of 17% by 2031 and a median annual salary of $95,310, this is a growing and lucrative field. However, the typical entry-level medical scientist must have a doctoral or professional degree.
  • Dentists: If you’re willing to pursue additional education after your bachelor’s degree, becoming a dentist can be a natural progression after majoring in biology. The median annual salary for dentists is $163,220, with the field expected to grow by 6% through 2031.
  • Teachers: Teaching science to high school students can be a great career for a biology major. The median annual salary for secondary school teachers is $61,820 and there were 1,058,300 U.S. teaching jobs in 2021.

Check Out: Average Grad School Debt in the U.S.

Business

Business majors can generally expect to earn a median salary of $65,000 per year, according to the BLS. With a degree in business, a number of potential fields are open to you, from starting your own business to helping a company build and maintain its market share. The BLS lists the following jobs as the top fields for business majors:

  • Financial managers: This field anticipates a growth rate of 17% over the next decade, and it pays a median salary of $131,710. While the majority of financial managers have a bachelor’s degree (rather than an advanced degree), most have at least five years of work experience in a related job before assuming this position.
  • Management analysts: If you have a passion for helping businesses improve their efficiency, becoming a management analyst after getting your degree in business could be an excellent career choice. This field has a median salary of $93,000 per year and is expected to grow 11% by 2031. The majority of analysts are able to land their jobs without an advanced degree.
  • Accountants and auditors: A bachelor’s degree in business accounting or a related field could help you land a job as either an accountant or an auditor, although you may also want to get additional certification (such as the Certified Public Accountant license) to improve your job prospects. Accountants and auditors can expect a median salary of $77,250 and approximately 136,400 job openings projected each year until 2031.

Computer and information technology

We live in the digital age, which means majoring in computer and information technology can lead to a lucrative and rewarding career. Graduates with this degree can expect a median annual salary of $85,000, by BLS estimates. Some of the specific jobs that this degree can lead to include:

    • Software developers: Growing at a rate of 25% over the next decade, software developers are in high demand. With a median salary of $109,020 annually, and the ability to jump into a career with a bachelor’s degree, this is an excellent option for anyone with a passion for computing.
  • Computer and information systems managers: If you’d like to use your computer skills to help an organization thrive, this career path could be right for you. The median annual salary is $159,010 and the field is expected to grow by 16% by 2031. However, you may need several years of work experience or an advanced degree to land one of these positions.

Engineering

Engineers help design, manufacture, and distribute all the things we use on a daily basis. Majoring in engineering can lead to a lucrative career in applied science.

The estimated median annual salary for someone with an engineering degree is $93,000, according to the BLS. Consider the following top jobs in the field:

  • Industrial engineers: You can get an entry-level industrial engineering position with a bachelor’s degree and get started on helping to improve the efficiency of industrial systems. Expect a median annual salary of $95,300. Industrial engineering is forecasted to grow 10% by 2031.
  • Civil engineers: Civil engineers help to design, build, supervise, and maintain infrastructure systems and can do so with a bachelor’s degree in civil engineering. Civil engineers earn a median salary of $88,050 and the field has a projected growth of 7% in the next decade.
  • Mechanical engineers: Though mechanical engineering is only projected to grow 2% by 2031, this field offers an excellent median salary of $95,300 per year and entry-level positions only require a bachelor’s degree.

See Also: 8 Student Loans for an Engineering Degree

Healthcare

Majoring in healthcare or a related field opens up a number of career opportunities, from working with patients to managing health services programs. The BLS estimates the median salary for a graduate with a degree in healthcare is $63,000, and the following are the top jobs in this industry:

  • Nurse practitioners: If you are interested in primary care of patients but do not wish to go to medical school, becoming a nurse practitioner may be a good option — although you will need to get a master’s degree. The median salary is $123,780 and the field is projected to grow 40% in the next decade.
  • Medical health-services managers: Being the coordinator of a healthcare provider can be an excellent career choice for a graduate with a bachelor’s degree in healthcare. This job has a median salary of $101,340 and is expected to grow 28% by 2031.
  • Registered nurses: A major in nursing is a good starting point for becoming a registered nurse. With a median salary of $77,600 per year and over 3.1 million available jobs as of 2021, this is a welcoming field that only requires a bachelor’s degree to get started.

Mathematics

A degree in mathematics offers almost infinite possibilities for career paths — many of which do not require any additional education.

The median salary for a graduate with a mathematics degree is $75,000, according to BLS estimates. Here are some of the top jobs you might pursue with a mathematics major:

  • Data scientists: A data scientist takes raw data and determines meaningful insights from the numbers. This in-demand profession pays a median salary of $100,910 and is expected to grow 36% by the year 2031. Most data scientists can get an entry-level position with a bachelor’s degree and no prior experience.
  • Management analysts: A mathematics degree can be another good path to this career, which has a median salary of $93,000 per year and a projected growth of 11% by the year 2031.

Check Out: College ROI: 6 Tools to Gauge the Return on Your Degree

Finding the best degree for you

The right major for your education will offer you both job prospects and personal satisfaction. Choosing a major that interests you and provides you with the background you need to launch your career will help you feel good about your education now and in the future.

If you need to take out private student loans, visit Credible to compare private student loan rates from various lenders in minutes.

The companies in the table below are Credible’s approved partner lenders. Whether you’re the borrower or cosigner, Credible makes it easy to compare rates from multiple private student loan providers without affecting your credit score.

Lender Fixed Rates From (APR) Variable Rates From (APR)

Credible Rating

Credible lender ratings are evaluated by our editorial team with the help of our loan operations team. The rating criteria for lenders encompass 78 data points spanning interest rates, loan terms, eligibility requirement transparency, repayment options, fees, discounts, customer service, cosigner options, and more. Read our full methodology.
4.62%+10 5.86%+10
  • Fixed APR: 4.62%+10
  • Variable APR: 5.86%+10
  • Min. credit score: Does not disclose
  • Loan amount: $2,001 to $400,000
  • Loan terms (years): 5, 7, 10, 12, 15, 20
  • Repayment options: Full deferral, fixed/flat repayment, interest only, academic deferment, military deferment, forbearance, loans discharged upon death or disability
  • Fees: None
  • Discounts: 0.25% to 1.00% automatic payment discount, 1% cash back graduation reward
  • Eligibility: Must be a U.S. citizen or permanent resident or DACA student enrolled at least half-time in a degree-seeking program
  • Customer service: Email, phone
  • Soft credit check: Yes
  • Cosigner release: After 12 on-time principal and interest payments
  • Loan servicer: Launch Servicing, LLC

Credible Rating

Credible lender ratings are evaluated by our editorial team with the help of our loan operations team. The rating criteria for lenders encompass 78 data points spanning interest rates, loan terms, eligibility requirement transparency, repayment options, fees, discounts, customer service, cosigner options, and more. Read our full methodology.
4.99%+1 5.1%+
  • Fixed APR: 4.99%+1
  • Variable APR: 5.1%+
  • Min. credit score: 720
  • Loan amount: $1,000 to $350,000
  • Loan terms (years): 5, 10, 15
  • Loan types: Any private or federal student loan
  • Repayment options: Full deferral, full monthly payment, interest only, immediate repayment, academic deferment, military deferment, forbearance, loans discharged upon death or disability
  • Fees: Late fee
  • Discounts: Autopay, loyalty
  • Eligibility: Available in all 50 states (international students can apply with a creditworthy U.S. citizen or permanent resident cosigner)
  • Customer service: Email, phone, chat
  • Soft credit check: Yes
  • Cosigner release: After 36 months
  • Loan servicer: Firstmark Services

Credible Rating

Credible lender ratings are evaluated by our editorial team with the help of our loan operations team. The rating criteria for lenders encompass 78 data points spanning interest rates, loan terms, eligibility requirement transparency, repayment options, fees, discounts, customer service, cosigner options, and more. Read our full methodology.
4.74%+2,3 4.74%+2,3
  • Fixed APR: 4.74%+2,3
  • Variable APR: 4.74%+2,3
  • Min. credit score: Does not disclose
  • Loan amount: $1,000 up to cost of attendance
  • Loan terms (years): 5, 8, 10, 15, 20
  • Repayment options: Full deferral, full monthly payment, fixed/flat repayment, interest only, immediate repayment, academic deferment, forbearance, loans discharged upon death or disability
  • Fees: Late fee
  • Discounts: Autopay
  • Eligibility: Must be a U.S. citizen or permanent resident and be making satisfactory academic progress.
  • Customer service: Email, phone
  • Soft credit check: Yes
  • Cosigner release: After 24 months
  • Loan servicer: College Ave Servicing LLC

Credible Rating

Credible lender ratings are evaluated by our editorial team with the help of our loan operations team. The rating criteria for lenders encompass 78 data points spanning interest rates, loan terms, eligibility requirement transparency, repayment options, fees, discounts, customer service, cosigner options, and more. Read our full methodology.
3.65%+ 5.67%+
  • Fixed APR: 3.65%+
  • Variable APR: 5.67%+
  • Min. credit score: Does not disclose
  • Loan amount: $1,000 to $99,999 annually ($180,000 aggregate limit)
  • Loan terms (years): 7, 10, 15
  • Repayment options: Full deferral, immediate repayment, interest-only repayment, flat/full repayment, academic deferment, military deferment, forbearance, loans discharged upon death or disability
  • Fees: None
  • Discounts: Autopay
  • Eligibility: Available to borrowers in all 50 states. Must be a U.S. citizen or permanent resident.
  • Customer service: Phone, email
  • Soft credit check: Yes
  • Cosigner release: After 36 months
  • Loan servicer: American Education Services
  • Min. income: Does not disclose

Credible Rating

Credible lender ratings are evaluated by our editorial team with the help of our loan operations team. The rating criteria for lenders encompass 78 data points spanning interest rates, loan terms, eligibility requirement transparency, repayment options, fees, discounts, customer service, cosigner options, and more. Read our full methodology.
7.52%+7 6.99%+7
  • Fixed APR: 7.52%+7
  • Variable APR: 6.99%+7
  • Min. credit score: 750
  • Loan amount: $1,000 to $200,000
  • Loan terms (years): 7, 10, 15
  • Repayment options: Full deferral, full monthly payment, interest only, immediate repayment, academic deferment, loans discharged upon death or disability
  • Fees: Late fee
  • Discounts: Autopay
  • Eligibility: Must be a U.S. citizen or permanent resident and have a minimum income of $30,000.
  • Customer service: Email, phone
  • Soft credit check: Yes
  • Cosigner release: After 36 months
  • Loan servicer: Granite State Management & Resources (GSM&R)

Credible Rating

Credible lender ratings are evaluated by our editorial team with the help of our loan operations team. The rating criteria for lenders encompass 78 data points spanning interest rates, loan terms, eligibility requirement transparency, repayment options, fees, discounts, customer service, cosigner options, and more. Read our full methodology.
4.37%+8 5.86%+8
  • Fixed APR: 4.37%+8
  • Variable APR: 5.86%+8
  • Min. credit score: 670
  • Loan amount: $1,001 up to cost of attendance
  • Loan terms (years): 5, 10, 15
  • Repayment options: Full deferral, full monthly payment, interest only, immediate repayment, academic deferment, forbearance
  • Fees: Late fee
  • Discounts: Autopay, reward for on-time graduation
  • Eligibility: Must be an Indiana resident or a U.S. citizen attending an eligible Indiana school
  • Customer service: Email, phone, chat
  • Soft credit check: Yes
  • Cosigner release: After 48 months
  • Loan servicer: American Education Services

Credible Rating

Credible lender ratings are evaluated by our editorial team with the help of our loan operations team. The rating criteria for lenders encompass 78 data points spanning interest rates, loan terms, eligibility requirement transparency, repayment options, fees, discounts, customer service, cosigner options, and more. Read our full methodology.
4.89%+ N/A
  • Fixed APR: 4.89%+
  • Variable APR: N/A
  • Min. credit score: 670
  • Loan amount: $1,500 up to cost of attendance less aid
  • Loan terms (years): 10, 15
  • Repayment options: Full deferral, interest only, immediate repayment, academic deferral, forbearance
  • Fees: None
  • Discounts: None
  • Eligibility: Must be a U.S. citizen or permanent resident and be making satisfactory academic progress.
  • Customer service: Email, phone
  • Soft credit check: Yes
  • Cosigner release: After 48 months
  • Loan servicer: American Education Services (AES)

Credible Rating

Credible lender ratings are evaluated by our editorial team with the help of our loan operations team. The rating criteria for lenders encompass 78 data points spanning interest rates, loan terms, eligibility requirement transparency, repayment options, fees, discounts, customer service, cosigner options, and more. Read our full methodology.
4.50914.83%9 5.49%915.83%9
  • Fixed APR: 4.50914.83%9
  • Variable APR: 5.49%915.83%9
  • Min. credit score: Does not disclose
  • Loan amount: $1,000 up to 100% of school-certified cost of attendance
  • Loan terms (years): 10 to 209
  • Repayment options: Full deferral, fixed/flat repayment, interest only, academic deferment, forbearance, loans discharged upon death or disability
  • Fees: Late fee, non-sufficient funds (NSF) fee
  • Discounts: Autopay
  • Eligibility: Must be a U.S. citizen or permanent resident. Also available to non-U.S. citizen students (including DACA students) attending a school located in the U.S. who apply with a qualifying cosigner.
  • Customer service: Phone, chat
  • Soft credit check: Yes
  • Cosigner release: Borrowers can apply after graduation, 12 consecutive on-time principal and interest payments, and meeting certain credit requirements.
  • Loan servicer: Sallie Mae
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Lowest APRs reflect autopay, loyalty, and interest-only repayment discounts where available | 10Ascent Disclosures | 1Citizens Disclosures | 2,3College Ave Disclosures | 7EDvestinU Disclosures | 8INvestEd Disclosures | 9Sallie Mae Disclosures

Learn More: Colleges With the Best Return on Investment

About the author
Emily Guy Birken
Emily Guy Birken

Emily Guy Birken is a Credible authority on student loans and personal finance. Her work has been featured by Forbes, Kiplinger’s, Huffington Post, MSN Money, and The Washington Post online.

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