Is college worth it? | Arkansas Blog

Tuesday, May 24, 2011

Is college worth it?

Posted By on Tue, May 24, 2011 at 12:10 PM

Yes, college is worth it, according to a new study. But some courses of study are worth more, lots more, than others. It doesn't take a rocket scientist to figure rocketry is more rewarding monetarily than, say, working on a newspaper (presuming you can find one that's hiring.)

The good news? “While there is a lot of variation in earnings over a lifetime,” the center said in a press release, “the authors find that all undergraduate majors are ‘worth it,’ even taking into account the cost of college and lost earnings.”

And yet, for those applicants to college seeking the most bang for their buck — at least as defined as maximizing their lifetime earnings — the authors used census data to conclude that the top majors as ranked by highest median earnings included petroleum engineer ($120,000), pharmacy/pharmaceutical sciences ($105,000) and mathematics and computer sciences ($98,000). The lowest? Counseling/psychology ($29,000), early childhood education ($36,000) and theology/religious vocations ($38,000.)

This New York Times article includes a link to an easy-to-read chart on the relative worth, in median income, of various college majors. The arts, journalism and teaching are on the low end of the totem pole.

Tags: , ,

From the ArkTimes store

Favorite

Comments (9)

Showing 1-9 of 9

Add a comment

 
Subscribe to this thread:
Showing 1-9 of 9

Add a comment

More by Max Brantley

Readers also liked…

  • LR speakers blast state board for double standard

    A series of speakers, beginning with Sen. Joyce Elliott, denounced what they saw as a hidden agenda favoring charter schools at the state Department of Education and asked the state Board of Education for return of local control.
    • May 12, 2016
  • Little Rock school activists announce events for 60th anniversary of Central High crisis

    The group is not affiliated with the official "Reflections of Progress" commemoration of the 60th anniversary. However, at least two of the Little Rock Nine may be joining the group for an event at 2:30 p.m. at the state Capitol in the Old Supreme Court Chamber.
    • Sep 14, 2017
  • Civil War over in Fort Smith; lawyer strikes his Rebel mascot battle tent

    KSFM reports that Joey McCutchen, the lawyer who's been trying to restart the Civil War in Fort Smith over the School Board's decision to drop the Rebel mascot and related trappingsfor Southside High School, is dropping his School Board takeover campaign.
    • May 27, 2016

Most Shared

  • Discussion: State killing of the mentally ill

    The Arkansas Coalition to Abolish the Death Penalty and others will have a forum on mental illness and the death penalty at 6:30 p.m. Monday at the Bowen School of Law's Friday Courtroom.

Most Viewed

Most Recent Comments

Blogroll

 

© 2017 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation