Too many students aren’t sure what job they could get after four, five or even six years of studying a certain major and racking up education loans. Many aren’t getting on-the-job training while they are in school or during their semester or summer breaks. As a result, questions about employment opportunities or what type of job they have the skills to attain are met with blank stares or the typical, “I don’t know.”Details and hundreds of comments at the link.
And don’t get me started on people who borrow heavily to get an advanced degree without really knowing whether it will lead to a fatter paycheck that can easily service the debt. In some cases it will, but for some academic disciplines, the salary bump isn’t as much as people expect.
Maybe a new report from the Georgetown Center on Education and the Workforce will help encourage students to make better choices about which college and degrees they pursue. “Hard Times: College Majors, Unemployment and Earnings: Not All College Degrees Are Created Equal” answers the question that many people are asking in the aftermath of the recession. Is college still worth it?
For most, it is. But it all depends on your major, the report concludes.
20 January 2012
Unemployment rates for recent college graduates
From an essay entitled "Not all college majors are created equal," in the Washington Post: