Georgetown University’s Center for Education and the Workforce has released a new study assessing the monetary value of college degrees. The report highlights the average income of graduates, grouped by bachelor degree subjects. Findings also address the gaps in gender by degree program and average income differences by gender and race. Of the 171 majors analyzed, the incomes range from $120,000 down to $29,000.

Titled “What’s it Worth? The Economic Value of College Majors” the study aimed to analyze the connection between degrees and average incomes. While findings show that bachelor degrees do pay off, the more important findings prove the importance of picking a degree program.

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Most people think that when students are applying to colleges, they are looking for the most prestigious school; students must want to go to the school that offers the best degrees for their fields. However, this isn’t really the case.

A new study by Public Agenda said that students are more concerned with how much an education will end up costing them than with the prestige associated with each school.

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We go to college to make money in the long run. Sure, we eat Ramon noodles and Hamburger Helper for four years, but we know that after graduation, our money woes will be over and we can eat steak and drink the finest foreign bottled water every day.

Unless, you are like the average graduating college student, and owe $23,200 in student debt.

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