College is still worth it, research finds — although these majors have the lowest rate of return

Despite the rising costs of college education, earning a degree remains highly valuable in terms of financial returns.

A college graduate earns significantly more than someone with just a high school diploma, with a median lifetime earning of $2.8 million compared to $1.6 million.

While all college majors provide a worthwhile return on investment, some stand out as particularly lucrative.

Engineering and computer science top the list, followed by business, health, and math and science.

These majors offer the highest lifetime earnings, with STEM disciplines (science, technology, engineering, and math) projected to have exceptionally high earning potential.

At the other end of the spectrum, education, humanities, and arts majors have the lowest returns.

It’s important to note that the choice of major plays a crucial role in determining the financial benefit from a college education.

While the benefits of higher education generally outweigh the costs, the return on investment varies widely across different disciplines.

Students need proper guidance to understand the economic outcomes associated with different majors before making their choice.

It’s worth considering that the perceived value of a college degree has shifted in recent years.

The rising costs and student loan debt have raised concerns about the affordability and true worth of higher education.

Due to these concerns, some individuals are questioning the economic benefits of a college degree, especially given the improving job market for those without a college education.