I doubt if I spent $1,000 on my degree. I tested out.
There should be NO federal loans for fake majors.
The credulous students fall for “expand your horizons” —it SOUNDS good, right..?
If the schools REALLY believe it’s a sound investment then LET THEM SHARE THE RISK:
If the students defaults, then the SCHOOL eats the debt.
They SAY those majors are good so LET THEM **ACT** THAT WAY.
As things now stand the risk the sucker students face is infinte, that for the school is ZERO.
28 years ago I hired a lab manager, a chemist with a PHD, for $40K. Seemed pretty low for a fellow with all that education.
Literature and Engineering on par!
I graduated from a private college that is in the MIAC, same as St. Olaf. My alma mater was, at that time, the most tuition driven school in the MIAC; found that out my senior year. It wasn’t close to $210,000 in total cost. The costs have skyrocketed. I maxed out on student loans and my total college debt was $20,000-I had scholarships and grants as well, but not that much. That was twenty years ago.
My son has been contacted by the football coach there and I am strongly discouraging it. Kind of sad for me as it would be fun to have that connection. My husband’s nephew was on the football team, he graduated last year so that is another connection. Just don’t think it’s worth the cost.
Literature is more valuable than physics?
The bar chart lumps Physics in with the Life Sciences and Health Care. Very odd.
I also find it odd that the chart has Engineering tied with Literature! Really? That’s a bit hard to believe.
Maybe the engineers who were questioned are mad because they are not making as much as their children’s orthodontists.
Law seems to be a bit of an anomaly since no one gets a job based on a batchelors degree in law.
I would argue that many of the bottom categories end up in teaching jobs, where due to the screwed-up way educators are paid, it may be true that the 4-year degree isn’t considered very valuable other than to get a job. You don’t need a Masters degree to teach 4th grade, but you damn sure need it if you want to earn more money.
Years ago while in the Air Force, I came to work with a Captain...whose degree was in physiology. He came out of college and found work within some clinic in Florida. After about twelve months, he came to the conclusion that his chief job was to just write out prescriptions for various drugs (nothing more than that). He was attempting to treat people for their original problem but most had developed a drug-problem from previous doctors giving them some fantastic drugs. At the end of two years, he gave up and joined the Air Force.
I think part of the overall problem is that we’ve cheapened the whole degree enough....that most average high school students could take courses and pass.
With a Bachelor of Marxism & Homosexuality, which is basically any liberal arts degree, you can find part time work in Obama’s OFA.
Damn! I have a Bs in Psychology. Does that mean I have to give back all the money I made from working in the aviation industry for 25 years and the income I now enjoy from my investments?
It is not so much what your degree is in, but rather what you do with your time after college when you have used the degree to access the workplace.
For most of us all a degree shows is that you were willing to do the work required to earn it, not that you really learned what to do.
LAW on a 4-year degree!
Who knew?
My oh my, how things have changed since my day.
/s
Good ol' Psychology right at the bottom.
When I was in college, all the highest GPAs on the Deans List were always the Psych majors.
Everybody knew it was a sham degree.
Saving this. Thanks for posting it all!
Regulations prohibiting testing of potential hires for a position is also what caused so many employers to just put “college degree” as a requirement. That reinforced “you gotta get a degree to get a decent job”.
A degree simply gets you into a corporation. It is then up to you to demonstrate your intelligence and worth to the corporation. My final salary after 37 years in mechanical engineering field was 14 times bigger than my starting salary.
My Graphic Design degree (2 year degree at that) has served me well over the years.
Why isn’t the MRS. degree listed?