Could Low-Paying College Majors be Doing More Harm Than Good?
Are some degrees not worth the tuition?
USA Today reports.
Are Low-Paying College Majors Doing More Harm Than Good?
Many students attend college hoping that their graduation will result in a higher-paying job and quality of life, but could certain majors be causing students more financial harm than good?
Based on averages, college degrees seem worth the costs. A Pew Research study revealed that the net payoff for the average public university graduate was $550,000 over the course of 40 years.
And college graduates start off earning more from the outset.
In a 2015 study, the National Association of Colleges and Employers reported that the average starting salary for the Class of 2014 is approximately $48,127. By contrast, the National Center for Education Statistics reported that high school graduates earned approximately $30,000.
But not all degrees are created equal.