Choosing a college and deciding what they’ll study at that college are increasingly important financial decisions for young people. A Federal Reserve report earlier this year showed that 54% of young people who attended college took on debt to do so, and as of 2018, 20% of those with student debt were behind on their payments.
The website Bankrate.com has come up with a list of the college majors that are most valuable in monetary terms, as well as the degrees that are least valuable. Bankrate looked not only at the median income earned by holders of the degrees, but how likely they are to be unemployed and whether they’re likely to feel the need to return to school for a higher degree in their field.
Click through to see which fields of study are which; the next five slides are the least valuable majors and the final five slides are the most valuable.
