The Economist looks at Higher Education in American and examines whether the cost is truly ‘worth it’ for most American students now pursuing 4-year degrees.
We are all told of the merits of a college education and people often point out that college graduates make far more than high school graduates. But in reality – what is that degree worth? The truth is that not all college degrees are created equal and with the average student leaving college with a Bachelors Degree and over $24,000 in debt (far more if you pursue a Masters Degree or a Professional Degree), students should really know where that money is going.
A recent study has analyzed which degrees are worth the most. Not only do they consider average salaries (chemical engineers lead the list with $67,000), but also unemployment rates (geophysical scientists have virtually none whereas nuclear physicists and educational administrators are looking at almost 16%).
Read the article on MSNBC to learn what your degree can potentially do for you.