But these professions require time, money and effort to break into
The advent of artificial intelligence and automation may be creating a demand for highly technical roles in the IT sector. But in the US, anaesthesiologists and surgeons remain the highest paid professionals, according to a new job market study.
US News & World Report compiled a list of the best paying jobs of 2020 based on data from the Bureau of Labor Statistics.
Jobs in health care dominated the top 10. The results come as no surprise, however, given how students often have to spend more to attain higher-quality education and break into the field.
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In fact, the Class of 2019 reportedly spent about US$250,000 to $330,180 to attend four years of medical school, according to the Association of American Medical Colleges.
However, those who go on to graduate with a medical degree are also more likely to become part of the top 1% of earners, a study from the Brookings Institution showed.
Fourteen of the 25 highest-paying jobs on the list also require workers to have a doctorate degree and almost all of them belong in the medical industry.
The only exception are lawyers, who are considered part of the social services industry by US News. These professionals earn a mean salary of $144,230 a year.
Meanwhile, only nine of the highest-earning jobs require workers to have a bachelor’s degree: