A career in education can be a rewarding one, but if you’re interested in the highest paying path within education, it pays to do some research. Here are the Highest Paying Business Degrees based upon the most current information provided by the U.S. Bureau of Labor and Statistics and The U.S. Department of Education.
Ranking The Top 10 Highest Paying Careers in Education
Higher Education Management – M.Ed., MEd, Ed.M, or Ed.D. / D.Ed.
A master’s or doctoral degree in higher education prepares graduates for careers as academic deans, vice presidents of student affairs, registrars, and directors of student services.
Training to qualify as a dean is based in courses like: administration of higher education, curriculum and instruction in higher education, higher education students and clientele, organizational theory in higher education, the history of higher education, comparative studies of institutions, interdisciplinary and instructional procedures, case studies, theoretical modeling, and organizational reform and innovation. Deans also prepare college catalogs, schedule classes, research demographic statistics, and analyze enrollment through the administration of student services. As an example, earnings for academic deans are based upon their specialization and range from $125,400 in nursing fields to $150,000 in business fields.
Education Administration – M.Ed., MEd, Ed.M, or Ed.D. / D.Ed.
A master’s degree in Education Administration (or a bachelor degree in education combined with work experience) is among the highest paying education degree which qualifies graduates to work as school principals. School principals are among the highest paying professionals within the educational system as they manage the daily operations of educational programs. School principals are highly trained professionals who administer, execute, and determine the educational standards, policies, and procedures within preschools, day care facilities, and schools.
School principals also hire teachers and other staff, develop academic curricula, monitor student progress, offer training to staff, prepare budgets and handle relations between parents, students, staff, and communities. Often school principals may also act as directors of training and education programs within organizations, correctional facilities, museums, vocational schools, and community service programs. Earnings for principals who work within elementary through senior high schools range from $71,192 to $97,486 annually.
Graduate Degrees in Educational Leadership – M.Ed., MEd, Ed.M, or Ed.D. / D.Ed.
An educational leadership degree provides students with the opportunity to complete studies within the highest paying education programs. A minimum of a master’s degree in educational leadership provides graduates with the ability to work as Superintendents or Chief Academic Officers though many administrative positions in higher education institutions require candidates to possess a doctoral degree.
Graduates who work as academic deans, chief academic officers, registrars, and directors of financial aid managing college level student affairs and acting as leaders within the education system. Courses based in school law, educational financing and budgeting, school leadership,, curriculum development and evaluation, community relations, research design and data analysis, counseling, and politics in education provide graduates with the skills, refined abilities, and knowledge necessary to establish careers as qualified professionals within colleges and universities. Earnings for Chief Academic Officers who complete doctoral degree programs often earn $158,000 annually. Academic deans generally have salaries ranging from $92,622 to $150,000 yearly. Graduates who advance to positions as registrars or directors of financial aid earn $71,764 to $74,261 annually.
College and University Professors – Master’s and Ph.D. degrees in areas of specialty
Doctoral or master degrees in education are also among the highest paying degrees within the educational system. Graduates who complete doctoral degrees based in humanities, engineering, science, information technology, and history are some of the fastest growing fields providing plenty of employment opportunities for full time positions as qualified professors within colleges and universities. Master’s degree graduates often gain employment as middle or high school educators. Some may work as part time or temporary positions or as instructors within 2 year community colleges. Courses are rigorous, research intensive, and based upon the most contemporary theoretical knowledge within the student’s chosen field/s. Earnings for professors are based upon institution of employment, geographic location, and field but generally range from $41,600 to $83,960 annually.
Instructional Design – M.Ed., MEd, or Ed.M
One of the highest paying education degrees is also a Master’s of Education in Instructional Design offers graduates the ability to develop and implement curriculum and instruction plans.
Graduates advance as professionals within the education performing research regarding methods of instruction, training teachers, selecting textbooks and other instructional materials, assessing educational programs, and measuring student performance. Instructional coordinators also devise means of improving educational standards, maximizing efficiency of educational programs, and implementing new technology within classrooms. Many specialize in one subject or academic field, like reading, science, math, or language arts. Instructional coordinators, curriculum specialists, personal development specialists, and directors of instructional materials earn $42,070 and $75,000 annually.
Librarian – M.S. in Library Science
A master’s degree in library science is one of the highest paying education degrees. Librarians manage library resources and assure that library materials are current. Librarians also manage staff, develop information programs, user services, technical services to assist students and teachers in meeting research and other informational needs. Librarians also maintain and organize library resources, materials, and other information sources to assure retrieval and access of information. Master level courses in library science include: collection development and management, organization and representation of knowledge and information, cataloging, library management, academic library management/public library management, school media, introduction to research, evaluation of information systems, evaluation of library sources and reference services. In addition to earning a master’s degree, many school librarians must complete teaching licenses to meet State requirements. Earnings for school librarians range from $42,240 to $65,300 annually and are dependent upon the size, location, and type of employment organization.
Special Education – M.Ed or B.S. in Special Education
A bachelor’s or master’s degree in special education is one of the highest paying education degrees available to provide the training and skills necessary to advance as special education teachers. Special education teachers work with infants, children, and teens with emotional, mental, and/or physical disabilities to foster problem solving, motor, or social skills. Special education teachers work with students individually or in special resource classes developing curricula, setting goals, and assisting students to maximize their independence, knowledge, and abilities.
Training to become a special education teacher includes courses like teaching methods for special population, legal issues in special education, behavior management in the classroom, assessment of exceptional children, vocational aspects of disabilities, development of individualized educational programs, and observation and student teaching in special education. Earnings for special education teachers range from $40,480 to $63,500.
School Counseling – M.Ed. or M.S. in Counseling
Master’s of Education in School Counseling degree is among the highest paying education degrees. Courses like: group counseling methods, introduction to school counseling, developmental psychology, school and multicultural society, pre-practicum for school counseling, appraisal in counseling and development, curriculum administration for school guidance and counseling programs, practicum for school counseling, internship for school counseling, career development and lifestyle counseling for school counselors, and introduction to exceptional learners. Graduates advance to positions within elementary, middle, and high schools offering personal, educational, vocational, social, or mental health counseling to students.
School counselors work closely with staff and students to evaluate and develop academic abilities, talents, personalities, and interests. School counselors earn salaries of $38,740 to $65,360 annually.
Teachers – B.S. or B.A. in chosen specialty, plus certification
A Bachelor’s Degrees in Education offer graduates the ability to gain employment within some of the highest paying positions in the educational system. Bachelor degree programs in education provide graduates a liberal arts based degree focused upon the art of teaching, instruction, and delivery of academic excellence. An undergraduate degree in education requires students to select a major or minor courses of study within music, art, reading, science, mathematics, or physical education to qualify to teach these subjects upon completing teaching certification programs. Bachelor degree provide the knowledge, training, and skills necessary to advance as elementary or middle school teachers.
Earnings for teachers range from $47,100 to $51,180 annually. Changing educational standards increasingly require teachers to possess a master’s degree to qualify for employment as middle school teachers because these positions often are highly specialized.