Part of the reason people go to college is to get better jobs. It’s by no means the only reason, of course; a liberal arts education can enrich a person’s life in ways besides better employment. But better employment is surely one of the crucial goals, and jobs that require college degrees generally pay better than jobs that don’t. This is true for graduates of every major.
Across all majors, the typical graduate who finds a job requiring a college degree will earn $26,756. The typical graduate who find a job that does require a degree, by contrast, will earn just $15,896. That’s about an $11,000 premium.
» via The New York Times (Subscription may be required for some content)