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Alumni of each of those three majors are making a median annual income of $38,000 five years out—the lowest among the 75 majors the Fed studied. ... cost-of-living dilemma. ... college majors ...
This is not a short-lived problem for college graduates, as the report indicated that those who start their careers underemployed are 3.5 times more likely to remain underemployed a decade later.
According to the most recent U.S. Census survey, college graduates make on average $20,000 more a year than non-college grads, and the unemployment rate for non-college graduates is 10 lowest ...
Graduate unemployment, or educated unemployment, is unemployment among people with an academic degree.. Aggravating factors for unemployment are the rapidly increasing quantity of international graduates competing for an inadequate number of suitable jobs, schools not keeping their curriculums relevant to the job market, the growing pressure on schools to increase access to education (which ...
College Degree Returns by Average 2011 Annual Out-of-Pocket Costs, from B. Caplan's The Case Against Education First-year U.S. college degree returns for select majors, by type of student Study comparing college revenue per student by tuition and state funding in 2008 dollars [121] The view that higher education is a bubble is debated.
Among the majors, child development has the lowest starting salary ($32,200) and mid-career pay ($36,400) while showing the least amount of growth in the first 10 years ($4,200, or 13%).
A 2011 national study found that college students with a high socioeconomic status persisted in college 25% more than students with a low socioeconomic status. [88] In fact, students with a high socioeconomic status are 1.55 times more likely to persist in college than students with a low socioeconomic status.
Meanwhile, the least regretted majors include engineering, information sciences, business, and health sciences — one of the most commonly acquired degrees by Black college students today. While ...