Which college majors offer the best long-term return on investment?
A recent analysis indicates that obtaining a bachelor's degree generally leads to higher earnings compared to those who do not attend college. The study, which focused on Texas public college students, found that even liberal arts majors earn significantly more over time than high school graduates. While results may vary by region, the findings suggest that pursuing higher education is a beneficial investment for most students.
- ▪The analysis tracked about 29,000 Texas public college students who enrolled in bachelor's degree programs in the 2008-09 academic year.
- ▪On average, college entrants outearned high school graduates by almost $87,000 over a 15-year period, even after accounting for college costs.
- ▪Liberal arts majors outperformed their peers without bachelor's degrees by about $35,000 over the same period.
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MoneyWatch Which college majors offer the best long-term return on investment? .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Aimee Picchi Aimee Picchi Associate Managing Editor, MoneyWatch Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets including USA Today and Consumer Reports.
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