Free Republic
Browse · Search
General/Chat
Topics · Post Article

Skip to comments.

The 10 most useless graduate degrees
Business Insider ^ | 02/27/2015 | Peter Jacobs

Posted on 02/27/2015 7:53:40 AM PST by SeekAndFind

In many fields, graduate degrees offer distinct benefits for your extra years in school.

Employees armed with a graduate education are often a more attractive hire and can make a higher salary than colleagues who have only a bachelor's degree.

However, for some industries the benefits of going to graduate school are comparatively low and don't justify the extra investment.

Using the recent "Hard Times" report from the Georgetown Center on Education and the Workforce, we examined salary and unemployment data of experienced college graduates and experienced holders of graduate degrees. These are workers whose ages range from 35 to 54.

For roughly 50 fields, we calculated how much more money a graduate degree would bring and the difference in unemployment rates for those with a post-college degree. These figures were then combined to determine which graduate degrees were the most "useless" — basically, which give you the smallest boost in salary and employment.

(Excerpt) Read more at businessinsider.com ...


TOPICS: Business/Economy; Education; Society
KEYWORDS: college; degrees; graduateschool
Navigation: use the links below to view more comments.
first previous 1-20 ... 41-6061-8081-100101-104 next last
To: TBP

That’s a good reason to stay away from degrees.


81 posted on 02/27/2015 10:21:23 AM PST by cornelis
[ Post Reply | Private Reply | To 77 | View Replies]

To: TBP

Of course it is a good subject to study, but people need to learn practical skills. Something to use to make a living.


82 posted on 02/27/2015 10:23:37 AM PST by CorporateStepsister (I am NOT going to force a man to make my dreams come true)
[ Post Reply | Private Reply | To 80 | View Replies]

To: KC_Conspirator
But at least one improves there reading, writing, and language skills.

Oh, I doubt that. But at least you'll learn the functions of your social circle.

83 posted on 02/27/2015 10:23:49 AM PST by cornelis
[ Post Reply | Private Reply | To 79 | View Replies]

To: CorporateStepsister

Perhaps you are at a loss. The study of wisdom (philo-sophia) is a genuine skill.


84 posted on 02/27/2015 10:26:32 AM PST by cornelis
[ Post Reply | Private Reply | To 78 | View Replies]

To: CorporateStepsister

Humanities majors have a broader base of knowledge, so we are outside the box thinkers. That is a very valuable skill in almost any organization.


85 posted on 02/27/2015 10:30:15 AM PST by TBP (Obama lies, Granny dies.)
[ Post Reply | Private Reply | To 82 | View Replies]

To: Kirkwood

We’ll agree to disagree. Of course they’re different or they would be the same. I never said they were exactly the same, but they are not completely different. Art would be completely different. Journalism would be completely different.


86 posted on 02/27/2015 10:30:45 AM PST by Roos_Girl (The world is full of educated derelicts. - Calvin Coolidge)
[ Post Reply | Private Reply | To 73 | View Replies]

To: CorporateStepsister
Of course it is a good subject to study, but people need to learn practical skills.

Politics not a practical skill?

87 posted on 02/27/2015 10:31:19 AM PST by cornelis
[ Post Reply | Private Reply | To 82 | View Replies]

To: Kirkwood

I have not claimed to be a sciencist. But engineers work in a hard science. Our degrees are science degrees, it even says so on our diplomas.


88 posted on 02/27/2015 10:46:37 AM PST by thackney (life is fragile, handle with prayer)
[ Post Reply | Private Reply | To 71 | View Replies]

To: thackney

An engineer is someone who can make for a dollar what any fool could make for two. – Alan Kay


89 posted on 02/27/2015 10:49:03 AM PST by nascarnation (Impeach, convict, deport)
[ Post Reply | Private Reply | To 88 | View Replies]

To: catnipman

That cleared it all up! Thanks!


90 posted on 02/27/2015 10:52:03 AM PST by Wyatt's Torch
[ Post Reply | Private Reply | To 35 | View Replies]

To: Kenny Bunk

Bingo! :-)


91 posted on 02/27/2015 10:52:27 AM PST by Wyatt's Torch
[ Post Reply | Private Reply | To 36 | View Replies]

To: jobim

I have come across exactly one that was worth a crap. I’ve never met your sister though so I’m sure there are at least two on the planet :-)


92 posted on 02/27/2015 10:53:47 AM PST by Wyatt's Torch
[ Post Reply | Private Reply | To 74 | View Replies]

To: WayneS
How can earning +/-15% more per year over a 30 year career make a graduate degree “useless”? Even assuming only a $12,000 per year average difference puts the graduate degree holder $360,000 up in life-time earnings. That might be nothing to a sports star or a billionaire software company owner, but to a “regular person” it’s quite a lot of money.

Because the article assumes that the person seeking the graduate degree is deferring employment for two years while paying the cost of the graduate program. If we look at chemical engineering, for example, the staring salary with a BS degree is $104K and the starting salary with a MS degree is $118k. In order to earn the additional $14k, the person seeking the MS degree gives up ~$215k in income and incurs educational expenses ranging from $30k to $100k or more depending upon the MS program. By the time he earns his MS, he is already $300k behind where he would be if he had gone directly into the workforce with a BS, and the guy with the BS now has two years' experience and is making the same as the starting salary for the guy with MS.

93 posted on 02/27/2015 10:58:12 AM PST by Labyrinthos
[ Post Reply | Private Reply | To 28 | View Replies]

To: Dilbert San Diego
Why do some people major in philosophy?

Because they like it.

Why do they like it?

For one, it feeds their ego.

How does it feed their ego?

They get to hang out with people who do things like they do.

That seems practical enough, don't you think?

Yes, freedom of association.

So the question is, why do taxes go to pay for someone's hobby?

Because hobbies, if profitable, are taxable.

That's off-topic. I'd like to know what is useless. If you want to do something useless, is there a law against that?

Yes, there can be. You have to play by the rules of the community.

Not the community of philosophers?

Right, the rules of the world community.

Are there other reasons for majoring in philosophy?

Sure, a thousand and one. Sometimes its a way to exercise a love of wisdom.

Is that useless?

The love of wisdom is very worthwhile. More precious than rubies. But it can be done without a degree.

I see. That must be why obtaining a degree becomes more a practical requirement for access to power, honor, and wealth. These are not the supreme reason why we should do things.

That depends on your ego.

What's an ego?

It's an word used by people that want to rid themselves of the idea of human nature.

94 posted on 02/27/2015 11:01:59 AM PST by cornelis
[ Post Reply | Private Reply | To 3 | View Replies]

To: SeekAndFind

Political science is worthless.
It should be called “Lying 101”


95 posted on 02/27/2015 11:21:52 AM PST by minnesota_bound
[ Post Reply | Private Reply | To 1 | View Replies]

To: minnesota_bound

Hey Marie Harf has a poli sci degree and look at her salary, LOL


96 posted on 02/27/2015 11:23:36 AM PST by nascarnation (Impeach, convict, deport)
[ Post Reply | Private Reply | To 95 | View Replies]

To: Resolute Conservative
Also, I think the gap has closed because many H1B folks tout their Master’s degree from the University of Curry and still have no practical skill only theoretical.

In my experience, they don't even have theoretical skills.

Sometimes I can't believe the people I work with overseas.

97 posted on 02/27/2015 11:24:09 AM PST by zeugma (The act of observing disturbs the observed.)
[ Post Reply | Private Reply | To 6 | View Replies]

To: minnesota_bound
I used to read The Political Science Reviewer. Good stuff. Michael Oakeshott, Rationalism in Politics was a great read. Aristotle's Nichomachean Ethics, the works of Eric Voegelin.

One has to worship well enough to keep from lying. That's why Socrates was convinced there were punishments and rewards due to each.

98 posted on 02/27/2015 11:37:15 AM PST by cornelis
[ Post Reply | Private Reply | To 95 | View Replies]

To: zeugma

And yet upper management has drank the kool-aid that they can save money with these mutts. I cannot count the lost man hours we have by having to fix what our offshore component did overnight. Glad we 86’ed them last year.

Globalization is a cancer.


99 posted on 02/27/2015 12:07:40 PM PST by Resolute Conservative
[ Post Reply | Private Reply | To 97 | View Replies]

To: nascarnation

A Mathematician is a blind man in a dark room looking for a black cat which isn’t there.

A Physicist will find the cat.

A Scientist will name the cat.

However, an Engineer will teach it tricks.


100 posted on 02/27/2015 12:13:26 PM PST by thackney (life is fragile, handle with prayer)
[ Post Reply | Private Reply | To 89 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-20 ... 41-6061-8081-100101-104 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
General/Chat
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson