October 7, 2015

How humanities majors really do afterwards

From a recent study reported by Inside Higher Ed 
  • In 2013, the median annual salary for humanities majors in the workforce was about $50,000 for those who held only a bachelor’s degree, and $71,000 for those who went on to earn an advanced degree in any field.
  • The median salary levels for humanities majors (with and without graduate degrees) was about $7,000 lower than those with similar degree attainment, but well above the $42,000 average for all American workers.
  • The salary differential between humanities majors and others of similar degree attainment narrows with age (and presumably workplace experience). When the median salaries of younger workers (ages 24 to 34) are compared to those with those who are older (ages 35 to 54), the gap in median salaries between the humanities and graduates from all fields narrowed by about two percentage points for those who hold only a bachelor’s degree (declining from 11.1 percent to 9.1 percent). For those who earned advanced degrees, the gap fell from 12.3 percent to 10.5 percent).
  • Humanities majors are more likely to be unemployed than are others with similar degree attainment, but the differences are slight. For those with only bachelor’s degree, humanities majors’ unemployment rate is 5.4 percent, versus 4.6 percent for others. For those with advanced degrees, the figures are 3.1 percent vs. 3.4 percent.
  • Some of the gap in salaries for terminal bachelor’s degrees in humanities vs. other fields is due to humanities majors entering professions that are more important to society than they are lucrative. Humanities majors are second only to education majors in having careers in teaching, for example.

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