AAC&U just completed an analysis of data from the Census
Bureau’s American Community Survey and, like we have seen in analysis of other
data sets, the data is inconsistent with the often-repeated claim that
Humanities and Social Science graduates cannot find jobs or earn less than students
who choose a professional degree.
While measuring the value of an education by income earned
captures only a fraction of the value of a liberal arts degree, this is the
measure that is most often used by those who consistently claim liberal arts
degrees are without value. So, using
their own metric what does the data show?
Humanities and Social Science majors start at salaries
slightly below those with professional degrees (and slightly higher than those
with math and natural science degrees), but over the course of their entire
careers Humanities and Social Science majors not only catch up, but surpass,
salaries of those who earned a professional degree.
The data, as always, is complex. But those interested in advancing empirically
unfounded claims about the low value of a liberal arts degree will respond here
that 40% of those with Humanities and Social Science earned a graduate
degree. This is accurate, and suggests
we should encourage those majors to consider carefully graduate school options,
but 30% of the comparison group (those who earned professional degrees) also
earned a graduate degree.
The forces aligned against the liberal arts will also point
out that engineers, science and math majors earn significantly more over their
careers than either professional or liberal arts degree earning students. This is also accurate, but engineers account
for 9% of working college graduates—we should encourage our students who can
succeed in these fields to do so, but these fields are a much smaller segment
of the job market.
And this is only comparing the value of various degree based
on income, which is not the metric best suited to capturing the full value of
any degree, much less a liberal arts degree.
Since we know that many liberal arts majors choose to occupy fields that
provide important services but are low paying (teaching, counseling, social
work).
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