College is seen as a requisite to any job over minimum wage and a rite of passage for young adults. It’s just something people do and are expected to do by now. However, college doesn’t pay off for everyone, as many millennials working retail (or just not working) can attest. So is it even worth it to get a college degree?
The expert consensus is: It depends. The pros of a college degree vary depending on how much experience you have and what your degree is in. If you major in, say, basketweaving, good luck. But if you major in engineering? You’re probably going to be loaded (or at least able to pay off your student loans before they swallow your soul).
NBC News reports that the unemployment rate for recent bachelors degree holders for most majors has gotten better, “with the exception of communications and journalism majors, whose 8.2 percent unemployment rate is still rising.” (Great.) The unemployment rate for health majors remains at a steady 6 percent. The highest unemployment rates for experienced workers? Those with degrees in architecture, the arts and social work. However, those with degrees in those fields were much more likely to be hired elsewhere if they faced a job loss than those without a college degree at all.