Liberal Arts majors in this economy tend to get picked on because it seems as though we are being impractical by going with our passions instead of with our paychecks. Our smug pre-med and pre-law friends mock us but as it it turns out, in the end, we’ll all end up in the same place. Our engineer friends will be living in mansions but the rest of us will be doing quite well.
According to Inside Higher Ed by the time we’re in our 50s (a while away) we’ll be ballin-ish. “By their mid-50s, liberal arts majors with an advanced or undergraduate degree are on average making more money those who studied in professional and pre-professional fields, and are employed at similar rates.”
So how much will we be making at our finest?”At peak earning ages (56-60), graduates with a baccalaureate degree in a humanities or social science field are making $40,000 more than they were as recent graduates (21-25). And while in the years following graduation they earn $5,000 less than people with professional or pre-professional degrees, liberal arts majors earn $2,000 more at peak earning ages, when they make about $66,000.”
This is good news, after all the world needs just as many social workers, writers and teachers as it does doctors and lawyers, right?