Data science jobs in the US to grow 36% by 2033: Top colleges, salaries, and scholarships every aspiring data scientist should track

Time of India

25-06-2025

As the digital economy expands, one field is emerging as a clear front-runner for students aiming for high-impact careers — Data Science. From government departments and hospitals to banking and tech giants, the demand for professionals who can turn data into decisions is rising rapidly.
According to the US Bureau of Labor Statistics (BLS), data science jobs are expected to grow 36% by 2033, much faster than the average for most occupations. With a median annual salary of $112,590 (approximately ₹94 lakh) and top roles earning over $194,000 (approximately ₹1.62 crore), this career path combines strong income potential with long-term relevance.
Here's why studying Data Science in the USA could be your smartest career move and how you can make the most of it.
Fastest-growing career option
The BLS forecasts that nearly 20,800 data science jobs will open each year through 2033. This explosive growth is being driven by both the public and private sectors. Every major industry including healthcare, banking, transportation, e-commerce, education, and government is generating large volumes of data that require skilled professionals to interpret.
Importantly, the rise of AI and machine learning has made data science even more critical.
Companies need experts who can clean, manage, and model large datasets to train algorithms and support business intelligence but the momentum is not just limited to companies. US federal agencies are also actively hiring data scientists to support research, national defense, public health, and climate action.
Government-backed efforts such as the National AI Initiative Act and the National Science Foundation's Big Data Hubs are pumping resources into data-driven innovation.
This means that students entering the field today are stepping into an environment backed by national-level strategy and funding.
Top universities in the USA offering Data Science degrees
When it comes to studying Data Science in the United States, a handful of universities consistently lead the pack. According to the QS World University Rankings 2025, these institutions rank among the global best, making them top choices for students aiming for academic excellence, research exposure, and strong career outcomes.
Massachusetts Institute of Technology (MIT) – Rank 1
Carnegie Mellon University – Rank 2
University of California, Berkeley – Rank 4
Harvard University – Rank 6
Yale University – Rank 9
Strong return on investment
Earning a Data Science degree from a top US university can be a significant investment, but the returns are equally impressive. According to U.S. Department of Education data, starting salaries for graduates in data science and analytics programs typically range from $90,000 to $120,000 (approximately ₹75 lakh to ₹1 crore), depending on the institution and specialisation.
For most students, the financial investment in tuition and living costs is recovered within five years of employment. High-paying roles in tech, finance, consulting, and healthcare ensure that these graduates remain competitive in both USA and global job markets.
Several universities also provide cost-saving opportunities through graduate assistantships, STEM scholarships, and fee waivers. Public institutions like Georgia Tech and the University of Washington often offer excellent value for money while still delivering strong outcomes.
Scholarships and financial aid opportunities
While students may find tuition costs steep, there is robust financial support available. Most top-ranked universities offer a range of merit-based scholarships, research and teaching assistantships, and need-based aid for both undergraduate and graduate students.
Scholarships like the Knight-Hennessy Scholars at Stanford or the Fulbright Foreign Student Program are open to high-achieving students from across the world.
Graduate-level applicants can also look for fellowships tied to government-funded research labs or interdisciplinary data centers.
Additionally, because most data science programs are classified as STEM degrees, international students may qualify for additional funding opportunities aimed at promoting science and innovation in the USA.
Data science opens global doors
In a world where data drives everything from consumer behaviour to climate action, data science professionals are poised to lead.
With job growth far outpacing the national average and salaries well above the median, the field offers both stability and impact.
For students planning their academic and career journeys, Data Science in the USA presents a compelling option. The combination of globally ranked universities, financial aid, government support, and international work pathways makes it one of the most future-ready career choices today.
Whether your passion lies in machine learning, or entrepreneurship, Data Science opens doors across sectors and across borders.
Is your child ready for the careers of tomorrow? Enroll now and take advantage of our early bird offer! Spaces are limited.