One year after graduation, nurses in New York City, Los Angeles, and Boston see the highest average earnings (over $109,000) in the country. Los Angeles also ranks high for one-year salaries for those with master's degrees in business administration, management, and operations, while Chicago ranks high for those working in design and applied arts.
Master's graduates in marketing can expect an average salary of $192,704 in Philadelphia after four years — that's an 88% increase from their first year. Computer science degree-holders in New York City earn a fourth-year average salary of $159,024, up 47% from the first year after graduating. These fields outpace their bachelor's degree counterparts with more than double the earnings growth four years post-graduation.
Tips to maximize your post-graduate earnings
Our study reveals that location matters when it comes to maximizing the financial returns on your educational investment. Although some of the largest cities in the country offer lucrative prospects — especially for higher degrees — unexpected cities also offer promising growth rates for associate and bachelor's degrees. To maximize your post-graduate earnings, consider these tips:Ìý
Be flexible with location: Being willing to relocate can significantly boost your earnings. Using a can help you understand what to expect in a new area and how far your new income will stretch.
Take time to skill up: Complement your degree with additional skills. This not only makes you more marketable but can also give you an edge in .
Understand your future earnings: Use to research potential earnings in your field.
Consider the cost: Weigh the cost of tuition against potential earnings in your chosen field to ensure a good return on investment, as this is crucial for after graduation.
Methodology
To determine the U.S. cities where secondary degrees are most lucrative, we analyzed data for median earnings post-graduation for those with secondary degrees. These include associate, bachelor's, and master's degrees.
We also analyzed how these earnings differ by field of study one and four years after graduation. Specifically, we considered the 50 fields of study with the largest number of records in the data. We used the average of the median earnings across all colleges within a city and only included cities with more than five records.
Data by degree program is from the . Data by field of study is from the
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