Teaching makes Salary.com’s list of 8 College Degrees with the Worst Return on Investment.
A day-care center teacher averages $27,910 per year. If she earned a bachelor’s at a public university — and received no grants or scholarships — she’d get a 43 percent return on investment. The ROI is 13 percent for a pay-your-own-way private college degree.
Of course, K-12 teachers do better. The median salary of a high school teacher is $54,473, according to Salary.com. That would generate an 85 percent return on investment for a public degree, 25 percent for a private degree.
Other low-return majors are sociology, psychology, communications, fine arts, religious studies, hospitality and nutrition. Generally, the “helping professions” pay badly.
8 degrees that will earn your money back are: math, information technology, human resources, econ, biology, engineering, marketing and English. English? Communications is a loser but English is a winner? (I majored in English and Creative Writing.)
Salary.com says English majors can end up as speech writers ($78,011 median pay) with a 122 percent public ROI. Communications manager ($88,498) earns a 139 percent ROI. Web content managers ($79,674) get to 125 percent. Nobody gets a positive return on investment for private college.