An art degree can leave you with little in the way of transferable skills. Those who hold college degrees tend to work in fields that pay better. We also ranked majors on mid-career pay, or 10+ years’ experience, as opposed to starting salary, or 0-5 years’ experience. 20 Worst Paying College Majors (That Aren’t Education): 2020 Michael S. Fischer | October 12, 2020 Many graduates with these majors experience tepid salary growth, even a decade into their careers. Don’t worry; the list of the top ten worst college majors is below. The economy is not creating enough jobs every year, so many of these students remain unemployed. In this article, you will find out what majors you should avoid and why. 25 of the Lowest Paying Jobs Here are the top 25 worst paying jobs in America, according to an employment survey … While much of investors’ current focus is on tech and growth stocks, they can be overvalued and may not be the best option as the economy turns around. We carefully analyzed worst college majors 2017 and 2018 lists and concluded that some things have changed. Students will be taught teaching philosophy and psychology, eventually choosing a concentration that focuses on a specific grade or subject. So, if you are in college or university and if your major is important to you, read on! The number of SEC-registered advisors grew almost 4% since 2019, an IAA and NRS report shows. Each year, thousands of young people begin college with the goal of earning a degree and becoming more attractive to employers as they prepare to enter the job market. Graduates of the top two fields on this list actually earn less at mid-career than at entry level. In the majority of occupations that require a college degree, workers earn an average annual wage of at least $65,000, compared the median annual wage across all occupations of $37,690. Learn about this increasingly popular tax-advantaged investment vehicle and educate your clients. They are even less interested in your exceptional traits and skills. After all, few people get to work in the IT industry. You may pick a major that is really great for your future career but that doesn’t make you happy. Some of the majors you will see here are not on the worst college majors 2016, 2017, or 2018 list. Many jobs that typically require college degrees for entry-level positions pay less than $50,000. Copyright 2013-2020 — Professional Writing & Editing. Your will be stuck with the same job, at the same level, for years. These annuities have seen a significant jump this year, said FINRA CEO Cook. These majors are correlated with particularly low earnings for college grads based on the NCES report. A marketing degree might be more useful, even if you’re just marketing your own artwork. And the wage won’t grow either…. There are people who earn very good money with one of the worst paying college majors. Worst-Paying College Majors. Well... at least you got pretty good at beer pong. The worst college majors for your career are the majors that don’t allow you to grow. Access to other award-winning ALM websites including and In the majority of occupations that require a college degree, workers earn an average annual wage of at least $65,000, compared the median annual wage across all … Worst Colleges in America by State ... but not always. So, without further ado, here are the top 10 worst college majors today: There you have it; these are the 10 worst college majors. But you already knew that. This way, you know exactly what your target is and you can take steps to achieve it. We carefully analyzed worst college majors 2017 and 2018 lists and concluded that some things have changed. Theater Every best and worst college majors list is somewhat subjective, so you need to thin for yourself. The best way to avoid majors that don’t lead anywhere is to think about your application. In other words, there is a big chance you will not be able to work in your field after you graduate. All Rights Reserved. If you are willing to bet you will get straight As and that you will be an expert in your field, you can safely pick even the worst of the worst majors and still build a great career. ET Tweet Share Copy 22. So yes, college majors are extremely important. The worst college majors are majors in areas that are not sought by employers. Or about a scholarship. Copyright © 2020 ALM Media Properties, LLC. By Tanner Greenring. They’ve been added recently due to changes in the economy. September 12, 2016. Psychologically, this is a disaster. Here are some of the problems these majors will cause: OK, but what are the worst college majors? It all boils down to one thing: what would you like to do in life? There is a lot to be gained from getting a college degree, and securing a better paying job than you’d be able to otherwise is only … Click here to see the lowest paying jobs for college graduates. What scholarships are the best? #10 General Education – 10 Worst Paying College Majors. The College Salary Report collected alumni compensation data from 3.2 million employees, representing more than 4,000 universities across the U.S. Trading Outages at Schwab, E-Trade, TD Ameritrade, Other Platforms Irk Investors, FINRA Sets Sights on Registered Index-Linked Annuities, Biden Vows to Extend Jobless Aid, Names Economic Team, 15 Pro Athletes Scammed by Financial Advisors, Medicare Part B Premium to Jump $3.90 a Month for 2021. They are not interested in how smart you think you are. Our list contains the worst college majors for jobs, but we need to explain why we consider them to be the worst. On the other end of ThinkAdvisor’s 20 Best Paying College Majors are college graduates that are paid the worst out of the 403 college majors in PayScale’s huge College Salary Report. Every student knows that education is very important when it comes to high paying jobs. Chances are you will get a good job with a good wage afterwards. But it’s a risk you need to be willing to take. Once you know which majors to stay away from, it is much easier to find a major that you like. This is why we created this new worst college majors for 2020 list. This applies to every field and every science. Access practical suggestions and clear insights for portfolio management - easily and quickly. This is why we created this new worst college majors for 2020 list. A major in education takes you on the path of becoming a teacher. However, you rarely see a list of worst college majors. You see lists of the best college majors all over the Internet. The college major is the area you specialize in. But not all fields are equally lucrative. The noble profession of teaching, unfortunately, is very poorly paid. We just want to make sure you understand one thing: there are people who can do great things even if they major in one of these fields. This means that tens of thousands of students get these majors every year. Sponsored by John Hancock Investment Management, Why Mid Caps May Lead The Way Out Of Recession. There are people who are unemployed even though they have an IT degree. 5. Tanner Greenring BuzzFeed Staff. A biology degree could open the door to a high-paying job as a medical illustrator. But the wages and the benefits are excellent, of course. 24/7 Wall St. reviewed the U.S. Bureau of Labor Statistics’ Occupational Employment Statistics Survey to determine the lowest paying jobs for college graduates. If your primary concern when choosing a major is earning potential, you might want to stay away from the ones below. But they are rare. Health. Most of these low-paying jobs require that the applicant have no more than a high school diploma, and most offer on-the-job training. All Rights Reserved. You won’t like it, and you probably won’t be able to graduate.

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