Don’t let your babies grow up to be cowboys or counselors — if you want them to eat and pay their bills.
A new study on how a person’s college major impacts earnings found that an undergraduate degree in counseling psychology offers the least financial return.
Using never-before-available U.S. Census data linking earnings to college majors, the Georgetown University Center on Education and the Workforce was able to show what the market values — and it isn’t the helping professions.
“The people who make the most money are the most productive, although not the most socially productive,” said center director Anthony P. Carnevale. “People who help people make the least money.”
The study, “What’s it Worth? The Economic Value of College Majors,” examines earnings of full-time workers. The Census information enabled researchers to look beyond the earnings of recent undergraduate degree recipients to an individual’s full life cycle.
“We found a [yearly] range from a high earnings
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