How Much is a College Degree Worth? – Depends Upon the Major!


 

Dear Commons Community,

A new report entitled, What’s It Worth:  The Economic Value of College Majors,  released by Georgetown University’s Center on Education and the Workforce,  examines characteristics of college majors related to employment and earning power.   It contains dozens of tables illustrating popular majors by gender, race, and occupations.    To quote from the Executive Summary:

“while we found that any degree is better than no degree, we also found that there are significant differences. For example, the median earnings for full-time, full-year workers with Bachelor’s degrees (but no graduate diplomas) vary dramatically — from $29,000 for Counseling Psychology majors to$120,000 for Petroleum Engineering majors.”

It is worth a look.

Tony