If a starting salary of $40,000 is what it takes to overcome the high costs of going to college, you will want to know what degrees aren’t averaging the benchmark income. Georgetown University pulled together statistics on average starting salary for many popular degrees. Below are five degrees with average starting salaries that may not be worth paying the costs for college.
It’s great that you want to go to work every day and help others, but keep in mind that the average high school graduate will likely earn more money in his lifetime. Social work has an average starting salary of $30,000. Even those with experience can expect to find jobs at only $40,000.
Teaching elementary school is an excellent degree for employment. Recent college graduates have an unemployment rate of 4.8 percent. However, paying back your college loans might be a serious challenge. The average starting salary is only $33,000, and it’s not much better when you get experience. The average salary of an experienced teacher is $40,000.
Drama and Theater Arts
The riches and glamour of movie stars is not the reality of most college graduates with a drama and theater arts degree. Recent graduates can expect and average salary of $26,000 and an unemployment rate of 7.8 percent. With experience, however, majors can boost their salary to $45,000.
Family and Consumer Studies
Remember taking home economics in grade school? Family and consumer studies is a broad degree that explores how families interact in society, and home economics is one of the areas of study. While the degree might be practical, it only pays $30,000 per year for a college graduate and $43,000 for those with experience.
Anthropology and Archaeology
According to Georgetown’s statistics, it doesn’t pay well starting out as Indiana Jones. New graduates from degrees in anthropology and archaeology start earning at around $28,000. While starting salary is low, after a few years of experience, graduates in this field can earn up to $47,000. Unemployment for recent grads is very high at 10.5 percent.
Link (here) to Business Insider