Pay Scale - You don't necessarily need an MBA or a PhD to get a high-paying job, but the job outlook for this bachelor's degree also shows why it's a bad idea to pick a career based on cash alone.
"In 2014, 95 percent of graduates with a bachelor's degree in petroleum engineering found work in the oil and gas industry, according to the Society of Petroleum Engineers," write Tom DiChristopher and John W. Schoen at CNBC. "This year, 64 percent found work."
Texas Tech professor of petroleum engineering Lloyd Heinze tells CNBC that students may not wind up unemployed after graduation, because their degrees are applicable to other industries, such as managing water resources. But those jobs are unlikely to pay as much as petroleum engineering jobs.