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Dude, My Degree Is Worth Less!

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Yes, these newly minted college grads - at least the ones fortunate enough to score a gig – will now enter the working world. But that degree unfortunately is worth less: The average starting salary offer to Class of 2010 graduates is down 1.3 percent compared to the average posted last year at this time by the Class of 2009, according to the National Association of Colleges and Employers (NACE).

NACE’s Summer 2010 Salary Survey shows that the overall starting salary offer to Class of 2010 bachelor’s degree graduates now stands at $48,661—down from an average of $49,307 posted last year at this time. 

For all the kids just now starting college, and considering various majors, where are the money-making careers these days?

Engineering degrees account for four of the five most highly paid majors among the college Class of 2010. Specifically, petroleum engineers earned the highest starting salary offer—$74,799—followed by chemical engineers ($65,628).  

The only non-engineering degree to crack the top five was computer science, coming in at third with an average starting salary offer of $61,112.
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