Low Return on Investment

Subjects that I do not tutor

Months ago, I wrote a post that included a link to an article about university degrees that tend to lead to careers that pay well. This article from Yahoo Education does the opposite. It lists five majors that are associated with higher unemployment rates.

Many will argue that higher education is not just about getting a job but also about growing as a human being and a member of society. I certainly concur with the sentiment but, for the parents of most students I have tutored, funding a degree is so expensive that it must be regarded as a financial investment rather than an exercise in personal development — an investment that deserves as much prudence as an expansion of their professional practice or family business. Since personal debt is usually required, it is the financial return that people must include in their risk/reward calculations because money, rather than character, is what is used to calculate the amount still owing on a student loan.

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