Wednesday, December 14, 2011

College Majors with the most unemployment

If you are taking out college loans and need to know how to pay for them, it might be wise to check out this website from the Wall Street Journal.  It lists each major, the unemployment rate and the median earnings.  I sorted by unemployment rate and it is pretty telling - ie, don't go into psych majors unless you are independently wealthy.  Actuarial science, pharmacology, geological/geophysical engineering, teaching and astronomy are all still great majors if you need a job and money.
http://graphicsweb.wsj.com/documents/NILF1111/#term


I know it shouldn't be about the money - it is about passion and doing what you love - but don't go $120K in debt if you can't possibly pay it off.  You just have to be smart in picking your field.