{"id":4605,"date":"2017-05-18T00:00:00","date_gmt":"2017-05-18T00:00:00","guid":{"rendered":"https:\/\/amazingproperty.com.ng\/blog\/which-college-degrees-make-you-a-homeowner-faster\/"},"modified":"2017-05-18T00:00:00","modified_gmt":"2017-05-18T00:00:00","slug":"which-college-degrees-make-you-a-homeowner-faster","status":"publish","type":"post","link":"https:\/\/amazingproperty.com.ng\/blog\/which-college-degrees-make-you-a-homeowner-faster\/","title":{"rendered":"Which College Degrees Make You a Homeowner Faster?"},"content":{"rendered":"

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Engineering college majors can become homeowners in the shortest amount of time compared with those who earned other college degrees, according to a realtor<\/a>.com\u00ae analysis.<\/p>\n

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Read more<\/strong>: Court College Grads: Here’s Why<\/span><\/p>\n<\/blockquote>\n

Engineering majors become homeowners, on average, in 2.6 years following graduation. Petroleum engineering majors earn a starting salary of $96,700, according to Payscale.com. The study estimates that they can, therefore, potentially save $19,340 a year, which could amount to a 20 percent down payment on a $250,000 home in about two-and-a-half years, according to realtor.com\u00ae\u2019s study.<\/p>\n

\u201cWhen it comes to homeownership, degrees in engineering really pay off,\u201d says Joe Kirchner, senior economist at realtor.com\u00ae. \u201cWhile this analysis leverages averages and assumptions, it shows just how powerful a high starting salary can be when it comes to early homeownership.\u201d<\/p>\n

Additional degrees with short time spans to homeownership include physician assistants (2.9 years); computer science (3.5 years); chemical, computer, mining, or nuclear engineering (3.6 years); and electrical engineering, electronics, and communications engineering or electrical and computer engineering (3.7 years).<\/p>\n

On the other hand, education majors may have one of the longest waits to homeownership. Education college majors average seven years saving for a down payment, according to the analysis.<\/p>\n

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Source: \u201cDegrees With the Shortest Savings Path to Homeownership,\u201d RISMedia (May 17, 2017)<\/em><\/p>\n<\/div>\n<\/div>\n

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 Realtors.org <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

[ad_1] Engineering college majors can become homeowners in the shortest amount of time compared with those … Which College Degrees Make You a Homeowner Faster?<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":4606,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[4],"tags":[625,3123,12908,543,3051,627,1007,1432,1431,41,818,479],"class_list":["post-4605","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-opportunities-in-new-markets","tag-down-payment","tag-engineering","tag-home","tag-home-buying-guide","tag-homeowner","tag-homeowners","tag-owners","tag-petrol","tag-petroleum","tag-property","tag-real","tag-realtor"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/05\/realtor.com%20chart%20degrees.png?fit=748%2C692&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":4458,"url":"https:\/\/amazingproperty.com.ng\/blog\/college-grads-could-get-homebuying-help\/","url_meta":{"origin":4605,"position":0},"title":"College Grads Could Get Homebuying Help","author":"Amazing Property","date":"May 8, 2017","format":false,"excerpt":"Several states are offering homeownership assistance programs to recent college grads that may help them receive thousands of dollars toward the purchase of a home. 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