Can Your Major Afford Your Student Loans When You Graduate?
After leaving high school, where we are forced to take a bunch of boring classes that we don’t care about, entering a college curriculum that we choose is like taking a trip to Disney World. Suddenly, we have options to take really interesting courses with names like “History of Rock & Roll” and “The Cultural Implications of Buffy the Vampire Slayer.” What we don’t always consider when we’re scouting courses and picking a major is what our choices will mean for our future financial stability. After all, it can be really difficult to pass up the chance to major in something cool like multimedia studies instead of finance.
But you might want to think twice. According to a new report, your major can have a huge impact on your future earning potential. Although some people honestly prefer passion over pay, many people choose a major without doing real research on the job market and what their options will be upon graduation. While college graduates make – on average – 57 percent more than individuals who only have a high school diploma. While this is good news, you want to make the most of that degree you worked for – and, sadly, some professions just don’t pay much.
So which majors could cause financial struggle? According to College Factual, they are:
1) Animal Sciences ($31,100)
2) Social Work ($32,200)
3) Child Development and Psychology ($32,300)
4) Theological and Ministerial Studies ($32,500)
5) Human Studies, Family Development and Related Services ($32,700)
6) Culinary Arts ($33,000)
7) Radio, Television and Digital Communication ($33,300)
8) Parks, Recreation and Leisure Studies ($33,500)
9) Education, General ($33,800)
10) Behavioral Sciences ($33,800)
We’d never advise someone to stray from their passions and dreams. But if you’re of a more practical mindset and can’t help but think about those student loans looming in your future, save those fun sociology courses for electives, instead of making them the bedrock of your college education.