Top 10 most loved and regretted college degrees
The most sought degree among candidates who regret their undergraduate major decision was computer science (chosen by 13%), followed by business administration (selected by 11 per cent).
Career Expert & Blogger
A college degree takes three to four years to complete, and some students even have to take out student loans. Is it worthwhile, though? Candidates with degrees in journalism, sociology, communication, etc., disagree since many of them regret obtaining a college education.
favourite and regrettable jobs
According to a recent ZipRecruiter poll, 44% of all current job searchers with college degrees regret their choice of major. The poll found that 87% of people with journalism degrees stated they would pick a different major given the chance.
Sociology, liberal arts, and general studies (all at 72%) are the next most regrettable college majors on the list, followed by a communication degree (64%) and a degree in education (6%). (61 per cent). The list also includes political science and government, biology, medical/clinical assistance, marketing management and research, political science and government, and English language and literature.
However, 72% of candidates who received degrees in criminology, computer and information sciences, or both say they would choose the same degree again if given the chance. Engineering graduates (71%) and those with degrees in nursing (69%) and health (67%) come in second and third, respectively.
Business administration and management (66%), finance (66%), psychology (65%), the trades (65%), and human resource management are other fields with low regret rates (58 per cent).
Additionally, among applicants who regret their college degree decision, computer science (chosen by 13%) and business administration (picked by 19%) emerged as the most wanted degrees (selected by 11 per cent).
Are graduate degrees necessary for employment?
A Bachelor's degree is reportedly worth $2.8 million on average over the course of a person's lifetime, according to a report recently released by Georgetown University on education and the workforce titled "The College Payoff," but many students and parents are now doubting the value of a four-year degree.
However, the survey also discovered that, even among those with the same degree, there is a significant range in incomes by employment. For instance, throughout the course of their careers, financial managers who hold a bachelor's degree earned $3.1 million, compared to $2.5 million for accountants and auditors. Not the degree, but the vocation, separates these two.
But, in favour of degrees, incomes also differ by educational level within a same occupation. For instance, truck drivers with less than a high school certificate make $1.3 million over the course of their careers compared to those with a high school diploma, who make $1.5 million. A lifetime salary for elementary and middle school teachers with a Bachelor's degree is $1.8 million, while that of a teacher with a Master's degree is $2.2 million.
However, if you take into account variables like gender and ethnicity, the situation is different. In accordance with the study, full-time, year-round working women make 25% less money than males with equivalent levels of education. Even when they work as hard as men do, the data demonstrates that women earn less at all degree levels. Even with comparable levels of education, full-time, year-round earnings for women are 25% lower on average than for males. According to the ZipRecruiter poll, just 8% of women who regret their degrees wish they had studied computer science, compared to 19% of males. This discrepancy in profession choice by gender has also been highlighted.
Similarly, at the greatest level of schooling, Latinos and African Americans make about a million dollars less in lifetime earnings than their white and Asian colleagues. According to data from the Georgetown University analysis, lifetime incomes for Latinos and African Americans with master's degrees are lower than for Whites with bachelor's degrees.
The data so indicates that having a higher education matters since it does increase salary. The research claims that "postsecondary education is more crucial than ever" due to the widening wage gap between college graduates and nongraduates. It is not always the case, though, since a number of other variables (including gender, race, and the kind of work) have varying effects on wages and employment opportunities.