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Hard Times, College Majors, Unemployment and Earnings: Not All College Degrees Are Created Equal

News release: “Unemployment figures show the jobless rate for recent college graduates with Bachelor’s Degrees has been running at an unacceptable 8.9 percent. But, a new study, Hard Times, College Majors, Unemployment and Earnings: Not All College Degrees Are Created Equal, from the Georgetown Center on Education and the Workforce finds that unemployment among job seekers with no better than a high school diploma is a catastrophic 22.9 percent – and an almost unthinkable 31.5 percent among high school dropouts. So, is college still worth it? A major conclusion of the new report is that it all depends on your major. And while a college degree gives job seekers a formidable advantage over those without, the study points out, not all degrees are created equal, and there are a number of factors that prospective students should consider before sending off their college applications.”

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