Is the return on college investment all about one’s college major?
Plenty of newspaper and magazine pieces are being published these days about some aspect of the return on a college investment (ROI).
Often the information focuses on college costs. But increasingly information linking ROI and college majors is taking center stage.
A recent report by the Pew Research Center revealed a significant number of graduating students wished they had selected a different major. And only one in three students who took a recent ACT college assessment test intended to major in a subject that was a good fit for their strengths and preferences.
Recently, Doug Belkin, a writer for The Wall Street Journal, convened a group of experts to discuss the importance of selecting the right college major. The following is some of the advice outlined in Mr. Belkin’s article.
- No major can guarantee a well- paying job after graduation.
- If students change majors frequently, they will probably not be able to graduate in four years.
- Colleges and universities should invest early in assisting students with undecided majors to narrow their choices.
- College is not just about ROI. It’s about learning and growing intellectually and academically. You cannot put a price on that.
- Don’t worry if you do not have a declared major when you begin your college education. Many of the best schools in the country do not allow students to declare a major until the end of the first or second year.
- Don’t select a major based on a good starting salary. It will not work. You will be unhappy and life is not about spending your day being unhappy.
Author’s note: I graduated from college with a degree to teach high school. I realized after student teaching that this is not what I wanted to do for the rest of my life. So I became a college administrator and I was very, very happy with that decision.