According to Al Lee, PayScale's director of quantitative analysis, "Even more than where you go to school, the degree you get is a bigger influencer of your pay for the vast majority of Americans." Lee says that an English major from Harvard may end up making six figures, but that person is an exception among English majors.

Which degrees bring home the most bacon? "Ones involving numbers," says Lee. Seven of the 10 highest-earning undergraduate degrees in the report are in engineering, with economics, physics, and computer science filling out the rest.