The top reason why students pursue college is to have financial stability.

Return on investment (ROI) in higher education is about figuring out how much more money you can make with a degree. You’ll then compare it to what you spent to get it. If the extra money you earn over your lifetime is greater than what you paid for the degree, then it’s considered a strong ROI.

Many students focus on STEM programs for stronger ROI. High ROI STEM degrees combine science, technology, engineering, and math with practical, real-world applications.

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Why STEM Degrees Offer High ROI

STEM degrees are competitive and demanding. But did you know these fields offer the most significant returns on investments?

According to the Bureau of Labor Statistics:

• STEM occupations are expected to grow by 10.4% from 2023 to 2033, which is significantly higher than the 4.0% growth rate anticipated for all occupations.
• STEM graduates earn an average of $101,650, 47% higher for all occupations.

Significantly high ROI STEM degrees are commonly found in specialized areas such as engineering, computer science, mathematics and statistics, and natural science, where demand and salaries are especially strong.

Top STEM Degrees for ROI

Often at the forefront of development and innovation, STEM fields promote advancement in many sectors. Whether it’s technology, healthcare, security, education, or the environment, STEM degree programs impact society and help shape and enhance our way of life.

Below are some of the top STEM degree programs that drive progress in many industries and promise professionals a high ROI:

Engineering Degrees

Here are the best engineering degrees for ROI:

1. Mechanical Engineering

One of the broadest engineering degrees, mechanical engineering, deals with how things work. It studies everything from the tiniest micro-particle to the largest spacecraft.

Average Annual Salary: $99,510

Career opportunities:

• Mechanical Engineer
• Nuclear Engineer
• Automotive Engineer

2. Electrical Engineering

These degrees train and equip students with skills to design, develop, and maintain electrical equipment or systems. They focus on improving how electrical power is produced and distributed and also handle repairs.

Average Annual Salary: $109,010

Career opportunities:

• Electrical and Electronics Engineering Technician
• Electrical and Electronics Engineer
• Computer Hardware Engineer

3. Civil Engineering

Civil engineering involves designing, constructing, and maintaining infrastructure, such as buildings and roads. It combines creativity and precision to address challenges in urban planning and sustainability.

Average Annual Salary: $95,890

Career opportunities:

• CAD technician
• Consulting civil engineer
• Contracting civil engineer

4. Software Engineering

Software engineering is among the top STEM degrees for return on investment. If you’re having a hard time comparing engineering vs. computer science ROI, consider software engineering.

It combines computer science and engineering principles. This degree offers a more specialized approach to creating, testing, and improving software.

Average Annual Salary: $130,160

Career opportunities:

• Software Developers
• Quality Assurance Analysts
• Software Tester

Computer Science Degrees

Computer science and ROI go hand in hand. Graduates can expect among the highest and strongest job salaries and stability.

1. Data Science

Data science is the new oil. As businesses rely increasingly on data for success, data science is in high demand. Data scientists help companies gain a competitive edge through effective data analysis.

Average Annual Salary: $108,020

Career opportunities:

• Data Scientists
• Database Architect
• Data Engineer
• Cybersecurity

2. Cybersecurity

With rising data breaches, demand for cybersecurity professionals is soaring. The Bureau of Labor Statistics expects a 33% job growth by 2032, adding thousands of roles for skilled experts. It offers one of the best ROI on STEM careers, offering strong financial rewards and good job security.

Average Annual Salary: $120,360

Career opportunities:

• Information Security Analyst
• Digital Forensic Examiner
• Penetration Tester

Mathematics and Statistics Degrees

These programs are for those who love numbers and solving complex problems by analyzing data, spotting patterns, and thinking logically.

1. Actuarial Science

It is one of the best degrees in STEM, focusing on crunching numbers to predict risks and ensure companies don’t go bust. If you’re keen on math, finance, and a bit of detective work, this degree might be for you.

Average Annual Salary: $127,580

Career opportunities:

• Actuary
• Risk Analyst
• Insurance Underwriter

2. Statistics

Statistics are also about crunching numbers. Statistical skills apply to nearly any industry, from healthcare to finance. These STEM programs focus on advanced methodologies and data analysis techniques to uncover patterns and insights.

Average Annual Salary: $104,110

Career opportunities:

• Statistician
• Data Analyst
• Biostatistician

Natural Sciences Degrees

Do you have a passion for understanding the natural world and its processes? Here are two of the highest-paying STEM degrees for exploring and understanding Mother Nature:

1. Biotechnology

Biotechnology has greatly contributed to health and farming. In healthcare, it’s great for making personalized medicine and new treatments for diseases. In agriculture, it helps grow better crops, fight pests more effectively, and use more sustainable practices.

Average Annual Salary: $93,064

Career opportunities:

• Biotechnologist
• Biomedical Engineer
• Research Scientist

2. Environmental Science

Environmental science might be your calling if you want to help Mother Nature and save people from environmental hazards. These programs tackle big issues like pollution, climate change, and habitat destruction.

Average Annual Salary: $78,980

Career opportunities:

• Environmental Consultant
• Conservation Biologist
• Environmental Scientist

Factors to Consider When Choosing a STEM Degree

#1 Personal interest and strengths: Most students pick their major based on their passion. If you love the subject, you’re more likely to do well in your field. You are almost guaranteed to find success and get job satisfaction.

#2 Future job market trends: Look at where the job market is headed. Choosing a degree in a discipline with a strong demand for professionals and exceptional future growth prospects can increase your chances of securing a well-paying opportunity.

#3 Potential for career growth: Consider how the degree might impact your long-term career. Some fields, like cybersecurity and software engineering, offer more opportunities for advancement and higher earning potential than others. With the deeper level of expertise you gain through more focused STEM training, you gain the competitive edge to unlock expanded opportunities for your career growth. In turn, you get better pay while making an impact on your industry.

#4 Geographic location and job availability: Think about where you want to work. Choose STEM degrees with the best job prospects in that specific region or city. Make sure that the STEM program gives you access to cutting-edge resources and tools for extensive research.

Conclusion

In a STEM program, students conduct research, work in labs, collaborate on projects, and experience hands-on learning opportunities. These activities make them fully prepared for real-world application.

STEM-related fields run the gamut from engineering technologies, science technologies, mathematics, statistics, computer sciences, information sciences, support services, and physical sciences. As such, career opportunities in STEM are vast and varied.

Most STEM degrees may lead to six figures yearly and job stability, but what works for others may not work for you.

Before choosing the high ROI STEM degrees that capture your interest, you must evaluate what you’re passionate about. Navigate your options by comparing the STEM programs and their coursework. If you wish for a high ROI, take your financial goals into account as well. These two factors will help you land a well-paying job that doesn’t easily burn you out, guarantees a high demand, and keeps you well-paid.