If you studied humanities, life sciences, or law in college, there is a better --than--40% chance you regret the choice now, the USA Today website reports today (August 30, 2024).
That's the takeaway from a report by the Federal Reserve, whose researchers perennially ask college graduates whether they would choose a different field of study if they were granted a do--over. The Fed reports levels of college satisfaction across broad academic categories in a report titled Economic Well--Being of U.S. Households in 2023, published earlier this year.
Researchers asked college completers if they would choose a different field now.
The most--lamented majors: social and behavioral sciences, regretted by 44% of grads, followed by humanities and arts (43%), life sciences (also 43%), law (41%), and education (38%).
The least--regretted fields were: Engineering, a choice regretted by only 27% of graduates, followed by computer and information sciences (31%)and health (32%). Across all fields of study,35% of college graduates said they would pick a different major, given a second chance. The vast majority of college graduates with bachelor's degrees -- more than 80% -- say their education helped prepare them for a well--paying job, according to a May report from Pew Research.