Find out how much employment rates and wages vary for different college majors.
Never too early to think about that ROI (return on investment) for your college education, especially when student debt is involved. The Federal Reserve helps with this helpful data visualization so you can figure out the employment rate, wages, and prevalence of graduate degrees.
This is the data structure (note that you can sort the columns from lowest to highest or highest to lowest)
How important do you think it is to choose a college based on its earning potential? Which major has the lowest unemployment rate? Under-occupancy rate? What types of majors have the highest median early career wages? Does the answer change when sorting by the highest median in the middle of the career? Why do you think these majors have the highest salaries? Choose a major that interests/considers you and write down the details for that career.
Interactive resources are one of the favorites for NGPF Blog readers. You can find more here.
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About the author
Tim’s savings habits started at 7 a.m. when a neighbor with a broken hip gave him a dog walking job. Her recovery, which lasted nearly a year, led to Tim getting to know the bank clerks quite well (and building a savings account balance of over $300!). His recent entrepreneurial adventures include driving a chipper, analyzing compensation packages for Fortune 500 companies, and helping families make better college funding decisions. After volunteering in 2010 to establish a personal finance program and teach at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him. to start a new nonprofit, Next Gen Personal Finance. †
This post Interactive: job market outcomes for graduates (per major)
was original published at “https://www.ngpf.org/blog/interactive/interactive-labor-market-outcomes-for-college-graduates-by-major/”