Liberal-Arts Degrees Pay Off in the End
At the peak of their careers, graduates who studied humanities and social sciences out-earn other majors.
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Humanities and social science degrees don’t get much respect these days. A weak job market and wallet-busting college costs make choosing a major that segues smoothly into a profession seem like a better bet for paying off student loans and launching a great career.
But the liberal arts can be surprisingly bankable, especially during peak earning years. Between the ages of 56 and 60, liberal arts majors out-earn those who majored in other fields, such as business or nursing, by about $2,000 annually, reports the Association of American Colleges and Universities. “It’s about what you can do, not just what you majored in,” says AAC&U spokesperson Debra Humphreys. Successful job seekers demonstrate relevant professional experiences and show that they can think critically and communicate clearly.
A liberal arts and social sciences background worked for Dana Di Somma, who graduated from St. Bonaventure University in western New York with a degree in political science in 2008. She landed a stateside job with an Italian cosmetics company, where her coursework in international politics and her study-abroad experience help her collaborate comfortably with Italian and Chinese colleagues. “If I could go back, I’d choose the same major,” says Di Somma. “I’m well rounded, and politics and business go hand in hand.”
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Susannah Snider worked as a research-reporter and staff writer at Kiplinger Personal Finance Magazine. She went on to serve as managing editor for money at U.S. News, overseeing articles and content covering real estate, personal finance and careers. She is a certified financial planner professional and earned her CFP marks in 2019.