*by Kevin Slater, CEO, Lead Advisor, CFP®*

Another graduation season and another slice of the American population begins their professional journey. This month we share data from the US Census Bureau on the financial rewards of their studies and hard work.

The chart shows median earnings. Actual experience will vary depending on the career one pursues, their employer(s), and where they live. For example, Michael Jordan was a geography major. However, science, computer science, and engineering majors generally have more lucrative opportunities.

While future compensation isn't the only reason to choose a major, it significantly affects expectations about lifestyle, potential further education, and financial support needs.

P.S. I wonder why the Sociology Department at my alma mater never shared this chart....