Payscale.com has come out with their Worst Paying College Degrees of 2010.
The good news:
That English degree you're taking classes for that's giving your father angina every night? It's not as bad a financial prospect as at least twenty other degrees.
The bad news:
Your father might be having a heart attack. Check on that.
According to Payscale, the twenty worst-paying degrees are:
| Worst-Paying College Degrees in 2010 | ||
| College Degree | Starting Pay | Mid-Career Pay |
| 1. Child and Family Studies | $29,500 | $38,400 |
| 2. Elementary Education | $31,600 | $44,400 |
| 3. Social Work | $31,800 | $44,900 |
| 4. Athletic Training | $32,800 | $45,700 |
| 5. Culinary Arts | $35,900 | $50,600 |
| 6. Horticulture | $35,000 | $50,800 |
| 7. Paralegal Studies/Law | $35,100 | $51,300 |
| 8. Theology | $34,700 | $51,300 |
| 9. Recreation & Leisure | $33,300 | $53,200 |
| 10. Special Education | $36,000 | $53,800 |
| 11. Dietetics | $40,400 | $54,200 |
| 12. Religious Studies | $34,700 | $54,400 |
| 13. Art | $33,500 | $54,800 |
| 14. Education | $35,100 | $54,900 |
| 15. Interdisciplinary Studies | $35,600 | $55,700 |
| 16. Interior Design | $34,400 | $56,600 |
| 17. Nutrition | $42,200 | $56,700 |
| 18. Graphic Design | $35,400 | $56,800 |
| 19. Music | $36,700 | $57,000 |
| 20. Art History | $39,400 | $57,100 |
It's refreshing to know that teaching future generations of Americans isn't a priority. So often America is divided over issues. What we're not divided on, apparently, is paying teachers slightly more than what they could get panhandling on the streets. (Remember folks, Panhandling 101: Smiling when you shake a coffee cup can make a miserable situation feel like a miserable situation you can smile at doing!!)
There is a problem with this news article (the link goes to CBS MarketWatch), written by someone named Lynn O'Shaughnessy, specifically this tidbit:
Students who earn degrees in horticulture, dietetics and the culinary arts are more likely to end up struggling financially.
Now, now, Lynn--you can't go around making such accusations. Being paid less doesn't necessarily equal struggling financially. Here's a wide-ranging list of famous/infamous people--all millionaires at some point (or millionaires if adjusted for inflation to today's standards)--who filed for bankruptcy at some point:
Francis Ford Coppola
Gary Coleman
Matthew Brady (famed Civil War photographer)
David Crosby
Walt Disney
Henry Ford
William C. Durant (founder of General Motors--died running a bowling alley)
Natalie Cole
Mark Twain
Buffalo Bill
Tom Petty
Immanuel Nobel (dad of Alfred Nobel, as in the Nobel Prize)
Rembrandt van Rijn (yes, that Rembrandt--he had a last name)
Lenny Bruce
Toni Braxton
Kim Basinger
Milton Snavely Hershey (yes, the candy guy--but what was more criminal was his middle name)
P.T. Barnum
Benedict Arnold
Mick Fleetwood (namesake of Fleetwood Mac)
Marvin Gaye
Burt Reynolds
Bjorn Borg (great Swedish tennis player, and gentleman of suave hairstyles)
Jose Canseco
Ulysses S. Grant
Henry John Heinz (yes, the ketchup guy)
Larry King
Chaka Khan
Tito Jackson (figures...it's Tito)
LaToya Jackson (figures...it's LaToya)
Cyndi Lauper
Stan Lee (Spiderman's creator)
Willie Nelson
Wayne Newton
Meat Loaf (the singer, not the beef loaf)
Mike Tyson
Oscar Wilde
MC Hammer (Hammer don't hurt 'em!)
Don Johnson
Thomas Jefferson (the only time Thomas Jefferson and Don Johnson get mentioned in the same breath)
...annnnnd Abraham Lincoln. Except, not quite. Bankruptcy apparently wasn't an option for Honest Abe, but he was in a world of hurt with his creditors at one point.
Now, Ms. O'Shaughnessy, this would seem to suggest that it's a matter of the person or the events surrounding a person--and not the income--that dictates whether one will struggle financially.
That, and lotto tickets. Never underestimate the outcome of a lotto ticket--on both ends.
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