CHAPTER 2

The State of the College Major

For all of the personal and economic struggles individuals confront, a 4-year degree has probably never been more valuable from an economic, employment, and professional development perspective. The unemployment rate for all U.S. workers with bachelor’s degrees or higher is just 3.2 percent, compared with a national average of 6.1 percent.17 “Earnings disparity between high school and college graduates has widened for successive generations of workers ages 25 to 32. Full-time workers with a college degree earn about $17,500 more annually than those with just those with only a high school diploma.18 The pay gap between college graduates and everyone else reached a record high last year based on an analysis ...

Get Major in Happiness now with O’Reilly online learning.

O’Reilly members experience live online training, plus books, videos, and digital content from 200+ publishers.