Doing work you love and getting paid well for it is the pinnacle of success.
But a lot of people don’t attain that enviable twofer, so they settle
for one or the other, either financing a cushy lifestyle through a job
they don’t particularly care about or pursuing work they’re passionate
about even if it requires financial sacrifice.Then there are the no-fers who end up doing work they don’t like and getting paid poorly besides.
Nobody sets out to have a busted career, of course, but a lot of workers drift into unrewarding careers because of the college major they choose and the narrow pathways it may lead to if they don’t branch out or build new skills. And now, new data from compensation-research firm Payscale reveals which majors are most rewarding, as well as most disappointing.
The majors that lead to satisfying and lucrative careers aren’t surprising. Twelve of the 20 majors that lead to the most highly paid jobs are engineering specialties, while most of the rest involve math and science. And most majors associated with high pay score above the median when people are asked whether they’d recommend their major to others, and whether they find their work meaningful. (High pay, no doubt, contributes to a positive impression of one’s college major.)
Some majors, such as education and social work, lead
to relatively low-paying jobs that are satisfying for other reasons. But
other majors lead to jobs that score poorly every way Payscale measures
satisfaction. Here are 10 majors that fall below the median on three
key gauges of satisfaction, and therefore rank as the most disappointing
majors:
Many
of those majors, of course, lead to fields in which there are too many
applicants for too few jobs, which usually pushes down pay for those who
do get work. Some employers still emphasize the importance of a
well-rounded liberal-arts education, but hiring is still a buyer’s
market these days, allowing most companies to choose from many
well-qualified candidates. The result is a lot of liberal-arts grads
working as waiters and retail clerks, often with thousands of dollars of
student debt they must repay. No wonder they’re bummed out.
Majors that lead to the most rewarding jobs, by
contrast, tend to be specialized fields that lead to technical jobs in
growing industries. Here are 10 majors that rank above the median on the
same three gauges of satisfaction:
One
thing such data doesn’t capture is the extent to which creativity,
initiative and entrepreneurship allow driven people to catapult forward,
no matter what they study in school. Billionaire investors Carl Icahn
and Peter Thiel were philosophy majors, as was retired NBA head coach
Phil Jackson. Actress Julianna Marguilles of The Good Wife
studied art history. And broadcaster Howard Stern was a communications
major. It might have been worth studying that just to hear him sound off
in class.Rick Newman’s latest book is Rebounders: How Winners Pivot From Setback To Success. Follow him on Twitter: @rickjnewman.
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