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Saturday, August 7, 2010

CNN article about College degrees that do not pay

This CNN article goes out of its way to discuss people doing what they love even though the pay is lousy. It discusses 9 college majors and examples of each where the individual is satisfied with his/her job but is getting paid quite modestly.

This article has two major fallacies. First, most of the graduates in these majors don't end up with any job at all related to their college major. This article implies that you may end up poorly paid but at least you will get a job. Not the case. For most of these majors you will simply be out fighting it out with high schoold grads for a job at Home Depot having nothing to do with your college experience.

The second fallacy here is that for many of these jobs, no degree at all is required. In many of these cases these folks would have had close to the same chance of landing the job as a high school graduate.

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