By JLP | May 2, 2012
In light of the post I put up yesterday, this is a timely article. I love this point (bold mine):
Anthony Carnevale, the center’s director, explains why students need to pay attention to their earnings potential when picking a major.
Think about it…
If you become a petroleum engineer, you’ll earn $90,000 out of college. If you become social worker, you will make $35,000. The differences are huge.
This was the point I was trying to make yesterday. You have to look at your life as a business and perform some sort of due diligence and cost/benefit analysis when picking a major and a school. It makes no sense to go to a private school, accumulate $100,000 in student loan debt in order to become a teacher making $35,000 a year, and then complain to the rest of us about how hard it is to pay off your loans.
Granted, not everyone is engineering material. Not everyone is teacher material either. Go to school to become whatever it is you want to become. Just be sure and understand the costs/benefits of your desired degree.