- The least valuable college majors may land you your dream job – but not your dream pay.
- Bankrate recently took a look at the least valuable college majors – the top ten were in arts, creative, and psychology fields.
- However, that doesn’t mean that obtaining a degree in a creative space isn’t a wise investment.
Sometimes, your dream job doesn’t always align with dream prospects and dream pay. That is, depending on what degree you graduate with from college.
Bankrate recently took a look at the most and least valuable college majors based on data from the US Census Bureau American Community Survey. Using weighted data, they determined the employment and unemployment rates and incomes for graduates for their first year out of college across 162 majors that employed at least 15,000 people. They also considered the number of college graduates who held a higher secondary degree.
With the most valuable college majors in the business, science, and maths fields, it’s not all too unpredictable that the least valuable college majors fall into the arts and creative fields.
But that doesn’t mean graduates with degrees in those fields are doomed.
“Obtaining a creative arts degree, or miscellaneous arts degree or being in any sort of creative space is a terrific investment, and I would strongly advocate for it,” Philip Olson, who holds a theatre and dance degree, told Bankrate. “I would caveat that to say that if you get a degree in that space, expect to use it in a nontraditional way if you want to be successful.”
Below, see the top-10 least valuable college majors.
10. Library Science
Average income: $US48,754
Unemployment rate: 3.3%
9. Interdisciplinary and Multi-Disciplinary Studies (General)
Average income: $US48,992
Unemployment rate: 5.4%
8. Drama and Theatre Arts
Average income: $US48,287
Unemployment rate: 5.2%
7. Educational Psychology
Average income: $US54,097
Unemployment rate: 6.3%
6. Human Services and Community Organisation
Average income: $US45,111
Unemployment rate: 3.9%
5. Visual and Performing Arts
Average income: $US43,996
Unemployment rate: 4%
4. Cosmetology Services and Culinary Arts
Average income: $US42,362
Unemployment rate: 4.7%
3. Clinical Psychology
Average income: $US51,022
Unemployment rate: 4.8%
2. Composition and Speech
Average income: $US44,211
Unemployment rate: 4.9%
1. Miscellaneous Fine Arts
Average income: $US40,855
Unemployment rate: 9.1%
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