Does being a graphic designer sound creatively fulfilling to you? Do you dream about becoming a teacher?
Although your ideal job might play into what you’re passionate about, that’s not the only thing you should consider when it comes to your career. If you ever want to pay off your student loans or buy a house, you’ve got to think about the salary attached to your job.
You should also consider the following numbers Glassdoor Economic Research analyzed in a recent study of 60 jobs: median base pay and year-over-year pay growth (side note: they didn’t look good for graphic design or teaching, unfortunately).
If you’re not sure about your next career move, the following list of jobs with high pay and steadily increasing salaries can help you decide.
7 jobs with high pay and increasing salaries
The following chart lists the results of the Glassdoor study. You can easily see which jobs pay well and have growing salaries.
By cross-referencing the list below with data from the Bureau of Labor Statistics (BLS), you can see which jobs are projected to have an increased number of openings over the next seven years.
1. Software engineer
Although you can debate the difference between the terms software “engineer” and “developer,” I grouped them together for this post.
Essentially, as a software engineer, you’ll create and develop software. This career has a variety of entry paths: self-education, a computer science degree, or a coding boot camp.
Median annual pay: $86,391
Year-over-year pay growth: 3.7 percent
Job growth (2014-2024): 17 percent
2. Registered nurse
With an aging U.S. population on the rise, nurses and caretakers are more important than ever. Although many nurses eventually obtain their bachelor’s degree (BSN), you only need an associate’s degree to become a registered nurse (RN).
Median annual pay: $65,930
Year-over-year pay growth: 4 percent
Job growth (2014-2024): 16 percent
There are more than one million licensed lawyers in the U.S., according to the American Bar Association. And if you’re in search of a big paycheck, you might want to join them.
Median annual pay: $98,594 per year
Year-over-year pay growth: 3.6 percent
Job growth (2014-2024): 6 percent
For the number-crunchers among us, accounting can be a solid career choice.
Yet, to become an accountant, you’ll need a bachelor’s degree in accounting. Many budding accountants also go on to earn the title of Certified Public Accountant (CPA).
Median pay: $55,747
Year-over-year pay growth: 3.7 percent
Job growth (2014-2024): 11 percent
While the final three jobs didn’t make it into the “high growth” quadrant, they already have a high median salary. Although the pay’s not growing significantly, the field is – which means more opportunities are available for job placements for you.
5. Financial analyst
Fascinated by everything you read here on the Student Loan Hero blog? Then perhaps you should pursue a career in the financial industry.
Financial analysts, who need a bachelor’s degree, offer investment advice to both individuals and businesses.
Median pay: $62,277
Year-over-year pay growth: 1.8 percent
Job growth (2014-2024): 12 percent
6. Physical therapist
Physical therapy is a booming field within the healthcare industry. In fact, the American Physical Therapy Association estimates there could be a shortage of up to 26,560 PTs by 2025, unless attrition rates are very low (in which case there will be a surplus).
Physical therapists help rehabilitate people who are injured or sick. Though it’s a rewarding career, keep in mind you’ll need to attend school for three years after receiving your bachelor’s.
Median pay: $73,502
Year-over-year pay growth: 1.8 percent
Job growth (2014-2024): 34 percent
7. Human resources manager
Although you won’t land a managerial position when you’re starting out, if this data trend continues, working towards a position as a human resources manager will probably pay off.
Just make sure you’re a people person. In this role, you’d oversee everything to do with a company’s employees.
Median pay: $67,854
Year-over-year pay growth: 1.4 percent
Job growth (2014-2024): 9 percent
Remember, before choosing a career (or switching to a new one), you should take into account your interests and working style, as well as the pay and growth you can expect.
By pursuing a career with a high earning potential, you won’t only be able to eat all the avocado toast you want – you’ll also be able to tackle other financial challenges like student loan debt, mortgage payments, and retirement.
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1 Important Disclosures for Earnest.
To qualify, you must be a U.S. citizen or possess a 10-year (non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: https://www.earnest.com/eligibility. Not all applicants will be approved for a loan, and not all applicants will qualify for the lowest rate. Approval and interest rate depend on the review of a complete application.
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4 Important Disclosures for LendKey.
Refinancing via LendKey.com is only available for applicants with qualified private education loans from an eligible institution. Loans that were used for exam preparation classes, including, but not limited to, loans for LSAT, MCAT, GMAT, and GRE preparation, are not eligible for refinancing with a lender via LendKey.com. If you currently have any of these exam preparation loans, you should not include them in an application to refinance your student loans on this website. Applicants must be either U.S. citizens or Permanent Residents in an eligible state to qualify for a loan. Certain membership requirements (including the opening of a share account and any applicable association fees in connection with membership) may apply in the event that an applicant wishes to accept a loan offer from a credit union lender. Lenders participating on LendKey.com reserve the right to modify or discontinue the products, terms, and benefits offered on this website at any time without notice. LendKey Technologies, Inc. is not affiliated with, nor does it endorse, any educational institution.
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