These are the best and worst degrees in America
The traditional four-year college degree life path is becoming increasingly questioned as a way to achieve a good career but some degrees are still worth both the time and price according to findings from the New York Federal Reserve Bank.
Surprises are lurking in the data for the best and worst degrees in terms of a graduate’s employment status following their time in school, and it's really important to not only look at unemployment rates by major but also underemployment rates.
Some graduates with less-than-employable degrees might have found work after school but sometimes that work has nothing to do with their degree. With that said, let’s look at the top ten best and worst degrees in the United States in 2024, starting with he worst.
Unemployment Rate: 6.0%
Underemployment Rate: 33.7%
Median Career Wage: $45,000
Median Mid-Career Wage: $75,000
Share with a Graduate Degree: 11.3%
Unemployment Rate: 6.2%
Underemployment Rate: 31.2%
Median Career Wage: $62,000
Median Mid-Career Wage: $95,000
Share with a Graduate Degree: 67.9%
Unemployment Rate: 6.3%
Underemployment Rate: 47.7%
Median Career Wage: $42,000
Median Mid-Career Wage: $70,000
Share with a Graduate Degree: 20.8%
Unemployment Rate: 6.4%
Underemployment Rate: 54.8%
Median Career Wage: $50,000
Median Mid-Career Wage: $80,000
Share with a Graduate Degree: 18.1%
Unemployment Rate: 6.6%
Underemployment Rate: 48.4%
Median Career Wage: $42,000
Median Mid-Career Wage: $72,000
Share with a Graduate Degree: 47.1%
Unemployment Rate: 7.5%
Underemployment Rate: 53.5%
Median Career Wage: $40,000
Median Mid-Career Wage: $70,000
Share with a Graduate Degree: 52.0%
Unemployment Rate: 7.8%
Underemployment Rate: 17.9%
Median Career Wage: $74,000
Median Mid-Career Wage: $120,000
Share with a Graduate Degree: 51.2%
Unemployment Rate: 7.9%
Underemployment Rate: 55.5%
Median Career Wage: $40,000
Median Mid-Career Wage: $68,000
Share with a Graduate Degree: 22.6%
Unemployment Rate: 7.9%
Underemployment Rate: 56.7%
Median Career Wage: $38,000
Median Mid-Career Wage: $65,000
Share with a Graduate Degree: 30.2%
Unemployment Rate: 8.0%
Underemployment Rate: 62.3%
Median Career Wage: $41,000
Median Mid-Career Wage: $72,000
Share with a Graduate Degree: 43.8%
Finding college majors like physics, graphics design, and aerospace engineering on the list of the worst degrees in 2024 is rather interesting. But you might be just as surprised to see what made it onto the list of best degrees with career potential.
Unemployment Rate: 1.6%
Underemployment Rate: 22.0%
Median Career Wage: $41,000
Median Mid-Career Wage: $55,000
Share with a Graduate Degree: 51.6%
Unemployment Rate: 1.6%
Underemployment Rate: 56.3%
Median Career Wage: $41,000
Median Mid-Career Wage: $70,000
Share with a Graduate Degree: 36.5%
Unemployment Rate: 1.5%
Underemployment Rate: 20.3%
Median Career Wage: $70,000
Median Mid-Career Wage: $111,000
Share with a Graduate Degree: 39.6%
Unemployment Rate: 1.5%
Underemployment Rate: 13.5%
Median Career Wage: $40,000
Median Mid-Career Wage: $52,000
Share with a Graduate Degree: 49.4%
Unemployment Rate: 1.5%
Underemployment Rate: 11.1%
Median Career Wage: $62,000
Median Mid-Career Wage: $80,000
Share with a Graduate Degree: 29.4%
Unemployment Rate: 1.3%
Underemployment Rate: 11.1%
Median Career Wage: $62,000
Median Mid-Career Wage: $80,000
Share with a Graduate Degree: 29.4%
Unemployment Rate: 0.6%
Underemployment Rate: 39.8%
Median Career Wage: $55,000
Median Mid-Career Wage: %70,000
Share with a Graduate Degree: 23.1%
Unemployment Rate: 0.4%
Underemployment Rate: 47.9%
Median Career Wage: $55,000
Median Mid-Career Wage: $70,000
Share with a Graduate Degree: 23.1%
Unemployment Rate: 0.4%
Underemployment Rate: 28.6%
Median Career Wage: $64,000
Median Mid-Career Wage: $100,000
Share with a Graduate Degree: 9.2%
Unemployment Rate: 0.2%
Underemployment Rate: 24.6%
Median Career Wage: $71,000
Median Mid-Career Wage: $100,000
Share with a Graduate Degree: 42.2%