• tal@lemmy.today
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    4 days ago

    while a growing number of current and prospective college students don’t believe the degree is worth the price tag on ‘The Bottom Line.’

    It depends on what a student majors in, but for the great majority of fields, it’s financially advantageous to get a bachelor’s degree. One major that I remember has historically been near the bottom of the field and had a negative return on investment has been theology. There are a bunch of websites that will list approximate return-on-investments.

    kagis

    Here’s the first site that comes up for me. They don’t have a complete list, but they do have the highest and lowest RoI majors.

    https://educationdata.org/college-degree-roi

    Bachelor’s Degree ROI by Major

    The average return on investment for a bachelor’s degree can be vastly different from one major to another. Variations also exist based on the degree holder’s personal circumstances, such as age, location, gender, etc.

    • The most cost-efficient degree is a business degree in finance, with a lifetime ROI of 1,842.38%.
    • Computer and information sciences (1,752.59%),(#1) ((#3) #4) computer engineering (1,743.81%), and economics (1,707.80%) also have high returns.
    • Despite having a lower ROI, a computer engineer’s lifetime returns exceed a business finance major’s by $1.182 million.
    • A Bachelor’s of Education offers the lowest lifetime ROI at -55.43%, representing a $149,407 loss in degree-based earnings.
    • Other negative-value degrees include liberal arts and humanities (-42.78%) and family and consumer science (-38.95%).