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What's more expensive than going to college? Until recently, the answer was easy: not going to college. Numerous studies over the years have shown that individuals with college degrees significantly out-earn those with high school degrees by $1 million or more over the course of a lifetime. While there's no doubt that a college degree increases earning power and broadens opportunities, today's high cost of education means it makes sense to more carefully consider which degree you earn. When it comes to return on investment (ROI), not all degrees are considered equal. This article exposes eight college degrees with poor ROI.
We're starting to notice an unfortunate trend regarding doing work for others with minimal pay, what do I mean by that? Let's go over the list.
1. Communications
COPYWRITER
Median Salary: $52,549
30-Year Earnings: $3,099,338
ROI of Degree Earner Attending Public College: 82%
ROI of Degree Earner Attending Private College: 24%
NEWS REPORTER
Median Salary: $37,393
30-Year Earnings: $2,205,438
ROI of Degree Earner Attending Public College: 58%
ROI of Degree Earner Attending Private College: 17%
MARKETING COORDINATOR
Median Salary: $50,455
30-Year Earnings: $2,975,834
ROI of Degree Earner Attending Public College: 79%
ROI of Degree Earner Attending Private College: 23%
Median Salary: $52,549
30-Year Earnings: $3,099,338
ROI of Degree Earner Attending Public College: 82%
ROI of Degree Earner Attending Private College: 24%
NEWS REPORTER
Median Salary: $37,393
30-Year Earnings: $2,205,438
ROI of Degree Earner Attending Public College: 58%
ROI of Degree Earner Attending Private College: 17%
MARKETING COORDINATOR
Median Salary: $50,455
30-Year Earnings: $2,975,834
ROI of Degree Earner Attending Public College: 79%
ROI of Degree Earner Attending Private College: 23%
Psychology
HUMAN SERVICES WORKER
Median Salary: $22,738
30-Year Earnings: $1,341,086
ROI of Degree Earner Attending Public College: 35%
ROI of Degree Earner Attending Private College: 10%
CAREER COUNSELOR - HIGHER EDUCATION
Median Salary: $43,384
30-Year Earnings: $2,558,787
ROI of Degree Earner Attending Public College: 68%
ROI of Degree Earner Attending Private College: 20%
BEREAVEMENT COORDINATOR
Median Salary: $52,200
30-Year Earnings: $3,078,754
ROI of Degree Earner Attending Public College: 81%
ROI of Degree Earner Attending Private College: 24%
Median Salary: $22,738
30-Year Earnings: $1,341,086
ROI of Degree Earner Attending Public College: 35%
ROI of Degree Earner Attending Private College: 10%
CAREER COUNSELOR - HIGHER EDUCATION
Median Salary: $43,384
30-Year Earnings: $2,558,787
ROI of Degree Earner Attending Public College: 68%
ROI of Degree Earner Attending Private College: 20%
BEREAVEMENT COORDINATOR
Median Salary: $52,200
30-Year Earnings: $3,078,754
ROI of Degree Earner Attending Public College: 81%
ROI of Degree Earner Attending Private College: 24%
Nurition
DIETICIAN
Median Salary: $53,679
30-Year Earnings: $3,165,985
ROI of Degree Earner Attending Public College: 84%
ROI of Degree Earner Attending Private College: 25%
FOOD SERVICES MANAGER
Median Salary: $56,711
30-Year Earnings: $3,344,813
ROI of Degree Earner Attending Public College: 89%
ROI of Degree Earner Attending Private College: 27%
FOOD SCIENTIST
Median Salary: $64,019
30-Year Earnings: $3,775,838
ROI of Degree Earner Attending Public College: 100%
ROI of Degree Earner Attending Private College: 30%
Median Salary: $53,679
30-Year Earnings: $3,165,985
ROI of Degree Earner Attending Public College: 84%
ROI of Degree Earner Attending Private College: 25%
FOOD SERVICES MANAGER
Median Salary: $56,711
30-Year Earnings: $3,344,813
ROI of Degree Earner Attending Public College: 89%
ROI of Degree Earner Attending Private College: 27%
FOOD SCIENTIST
Median Salary: $64,019
30-Year Earnings: $3,775,838
ROI of Degree Earner Attending Public College: 100%
ROI of Degree Earner Attending Private College: 30%
Hospitality/Tourism
MEETING/EVENT PLANNER
Median Salary: $55,476
30-Year Earnings: $3,271,972
ROI of Degree Earner Attending Public College: 87%
ROI of Degree Earner Attending Private College: 26%
HOTEL RESIDENT MANAGER
Median Salary: $65,076
30-Year Earnings: $3,838,180
ROI of Degree Earner Attending Public College: 102%
ROI of Degree Earner Attending Private College: 30%
CATERING MANAGER
Median Salary: $42,533
30-Year Earnings: $2,508,595
ROI of Degree Earner Attending Public College: 66%
ROI of Degree Earner Attending Private College: 20%
Median Salary: $55,476
30-Year Earnings: $3,271,972
ROI of Degree Earner Attending Public College: 87%
ROI of Degree Earner Attending Private College: 26%
HOTEL RESIDENT MANAGER
Median Salary: $65,076
30-Year Earnings: $3,838,180
ROI of Degree Earner Attending Public College: 102%
ROI of Degree Earner Attending Private College: 30%
CATERING MANAGER
Median Salary: $42,533
30-Year Earnings: $2,508,595
ROI of Degree Earner Attending Public College: 66%
ROI of Degree Earner Attending Private College: 20%
Religious Studies/Theology
RELIGIOUS EDUCATOR
Median Salary: $47,957
30-Year Earnings: $2,828,502
ROI of Degree Earner Attending Public College: 75%
ROI of Degree Earner Attending Private College: 22%
CHAPLAIN -- HEALTHCARE
Median Salary: $51,127
30-Year Earnings: $3,015,174
ROI of Degree Earner Attending Public College: 80%
ROI of Degree Earner Attending Private College: 24%
ASSOCIATE PASTOR
Median Salary: $61,811
30-Year Earnings: $3,645,610
ROI of Degree Earner Attending Public College: 96%
ROI of Degree Earner Attending Private College: 29%
Median Salary: $47,957
30-Year Earnings: $2,828,502
ROI of Degree Earner Attending Public College: 75%
ROI of Degree Earner Attending Private College: 22%
CHAPLAIN -- HEALTHCARE
Median Salary: $51,127
30-Year Earnings: $3,015,174
ROI of Degree Earner Attending Public College: 80%
ROI of Degree Earner Attending Private College: 24%
ASSOCIATE PASTOR
Median Salary: $61,811
30-Year Earnings: $3,645,610
ROI of Degree Earner Attending Public College: 96%
ROI of Degree Earner Attending Private College: 29%
The most unfortunate case: Education
DAYCARE CENTER TEACHER
Median Salary: $27,910
30-Year Earnings: $1,646,131
ROI of Degree Earner Attending Public College: 43%
ROI of Degree Earner Attending Private College: 13%
ELEMENTARY SCHOOL TEACHER
Median Salary: $52,241
30-Year Earnings: $3,081,172
ROI of Degree Earner Attending Public College: 82%
ROI of Degree Earner Attending Private College: 24%
HIGH SCHOOL TEACHER
Median Salary: $54,473
30-Year Earnings: $3,212,815
ROI of Degree Earner Attending Public College: 85%
ROI of Degree Earner Attending Private College: 25%
Median Salary: $27,910
30-Year Earnings: $1,646,131
ROI of Degree Earner Attending Public College: 43%
ROI of Degree Earner Attending Private College: 13%
ELEMENTARY SCHOOL TEACHER
Median Salary: $52,241
30-Year Earnings: $3,081,172
ROI of Degree Earner Attending Public College: 82%
ROI of Degree Earner Attending Private College: 24%
HIGH SCHOOL TEACHER
Median Salary: $54,473
30-Year Earnings: $3,212,815
ROI of Degree Earner Attending Public College: 85%
ROI of Degree Earner Attending Private College: 25%
Fine Arts
MUSEUM RESEARCH WORKER
Median Salary: $48,401
30-Year Earnings: $2,854,689
ROI of Degree Earner Attending Public College: 75%
ROI of Degree Earner Attending Private College: 22%
GRAPHIC DESIGNER
Median Salary: $47,753
30-Year Earnings: $2,816,470
ROI of Degree Earner Attending Public College: 74%
ROI of Degree Earner Attending Private College: 22%
PAINTER/ILLUSTRATOR
Median Salary: $37,819
30-Year Earnings: $2,230,563
ROI of Degree Earner Attending Public College: 58%
ROI of Degree Earner Attending Private College: 17%
Median Salary: $48,401
30-Year Earnings: $2,854,689
ROI of Degree Earner Attending Public College: 75%
ROI of Degree Earner Attending Private College: 22%
GRAPHIC DESIGNER
Median Salary: $47,753
30-Year Earnings: $2,816,470
ROI of Degree Earner Attending Public College: 74%
ROI of Degree Earner Attending Private College: 22%
PAINTER/ILLUSTRATOR
Median Salary: $37,819
30-Year Earnings: $2,230,563
ROI of Degree Earner Attending Public College: 58%
ROI of Degree Earner Attending Private College: 17%
Sociology
SOCIAL WORKER
Median Salary: $47,121
30-Year Earnings: $2,779,195
ROI of Degree Earner Attending Public College: 73%
ROI of Degree Earner Attending Private College: 21%
CORRECTIONS OFFICER
Median Salary: $39,630
30-Year Earnings: $2,337,376
ROI of Degree Earner Attending Public College: 61%
ROI of Degree Earner Attending Private College: 18%
CHEMICAL DEPENDENCY COUNSELOR
Median Salary: $47,210
30-Year Earnings: $2,784,444
ROI of Degree Earner Attending Public College: 73%
ROI of Degree Earner Attending Private College: 21%
Median Salary: $47,121
30-Year Earnings: $2,779,195
ROI of Degree Earner Attending Public College: 73%
ROI of Degree Earner Attending Private College: 21%
CORRECTIONS OFFICER
Median Salary: $39,630
30-Year Earnings: $2,337,376
ROI of Degree Earner Attending Public College: 61%
ROI of Degree Earner Attending Private College: 18%
CHEMICAL DEPENDENCY COUNSELOR
Median Salary: $47,210
30-Year Earnings: $2,784,444
ROI of Degree Earner Attending Public College: 73%
ROI of Degree Earner Attending Private College: 21%
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