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Showing Original Post only (View all)5 College Degrees That Aren't Worth The Cost [View all]
If youve ever wanted to know the two main reasons why Americans decide not to go to college, the St. Louis Fed presented two convincing explanations. The more frightening of the two scenarios showed that, for students paying their own tuition, most will need a starting salary of $40,000 or better to overcome lifetime earnings of high school graduates.
How can it be that someone with a $40,000 starting salary cant out-earn the average high school graduate? The reason is two-fold. Most college students forgo income while attending college. Also, given the average annual tuition of $25,000, a student paying his own way is facing a $100,000 college bill. Add the loss of income and the six-digit education tab, and graduates start their professional lives in a large financial hole.
If a starting salary of $40,000 is what it takes to overcome the high costs of going to college, you will want to know what degrees arent averaging the benchmark income. Georgetown pulled together statistics on average starting salary for many popular degrees. Below are five degrees with average starting salaries that may not be worth paying the costs for college.
Social Work
Elementary Teachers
Drama and Theater Arts
Family and Consumer Studies
Anthropology and Archaeology
http://www.businessinsider.com/5-college-degrees-that-arent-worth-the-cost-2012-6