Where is the money in a college major? Alyssa Pry:
If you want to pick a major that pays big, consider the STEM fields — science, technology, engineering and math… petroleum engineering is the most valuable college major, with graduates earning a median income of $134,840, more than double the average of $62,217. The field also has an unemployment rate of just 2.38%, making the prospect of finding a job more likely than other majors. Pharmaceutical sciences and administration ranked second on the list. Pharmacists have a median income of $116,642.
Good money. What about the other end of the scale; college majors which don’t result in similar salaries?
On the opposite end of the spectrum is clinical psychology, which came in as the least valuable college major. In addition, clinical psychologists have a high unemployment rate of around 8% and make a median salary of $43,092, about 31% less than the average.
Popular majors such as business, history, liberal arts, and English were lower down on the list. Careers in the arts and humanities landed in the bottom five. The least lucrative majors: Studio and fine art, human services and community building, and composition and rhetoric, or the study of speaking and writing—all in the bottom five.
As the knight that guarded the Holy Grail in Indiana Jones: The Last Crusade said, “Choose wisely.”