As we march out to the graduation song covered in our oversized robes and oddly-shaped hats that look good on absolutely no one, most of us are filled with pride and confidence. We strut down that long aisle towards our seats like models on a runway. Yet, according to a poll done in April 2013 by the New York Times (http://www.nydailynews.com/news/national/college-grads-disillusioned-unemployed-poll-article-1.1331346), more than 40% of U.S. college graduates are unemployed and 42% of recent graduates believe they need a higher degree to get a job.So in a nutshell, all those daunting loans most of us had to take out to get our degrees are having a hard time proving themselves worthwhile. A lot of graduates are even ending up in jobs that don’t require the degree they worked so hard for. GASP!!!
Being someone who is pursuing a Masters’ program, I know it is not easy or inexpensive to venture forward for the advanced degrees. I, personally, will be paying more than I was at the undergraduate level to take even less classes!!!
So what should the game plan be now? Should we give up going for any degree since some are ending up in jobs that don’t utilize them anyways? Should we all go for advanced degrees and hope the extra loans pan out to be worth it (getting us a job)? Should we stay where we are and hope for the best? I always say more education is never bad, but I believe that is a decision that a person has to make according to his/her specific situation. I am fortunate enough to have gone through my undergrad years without having to take out any loans, so I know I am more fortunate than a lot of people who are already in the negatives due to their Bachelors’ degree. One thing we do have to take into consideration is that we are running the chance that the Masters’ degree will become the new Bachelors’ degree (decline in value in the next couple of years as more people start getting them) and we will be in the same situation we are now, but more into the negatives due to more loans.
The decision is yours, but I want to leave a list of the top majors for those of you who perhaps haven’t chose a major, will be going to college for the first time, will be going back to school in search of better career options, or anyone else who is open to what major they pick. According to such credible sources as Forbes (http://www.forbes.com/pictures/lmj45jgfi/no-1-biomedical-engineering/) and Huffington Post (http://www.huffingtonpost.com/scott-willyerd/majors-lowest-unemployment_b_2432050.html), some of the best majors right now are: Biomedical Engineering, Biochemistry, Computer Science, Engineering,Geology, Management Information Systems, Petroleum Engineering,Mathematics, Construction Management, Finance, Physics, Statistics, Accounting, and Health.