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Andrea Santiago

Choosing a College Degree in a Down Economy

By October 31, 2012

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Three of Nine 'Most Promising' College Majors are in Healthcare

Choosing a college degree can be overwhelming, stressful, and confusing. You want to study something in which you are interested and are likely to succeed. However, many degree holders are currently languishing in unemployment lines due to the economic factors, combined with a less-than-ideal choice of college degree. In 2011, employment of new college grads reached a 15-year low. Additionally, as of earlier this year, 53% of all recent college graduates remained unemployed, according to The Atlantic. It is unclear how long the economic recovery will take, but thus far it has been very slow, and many experts predict that it will take many years to recover the jobs lost during the recession. Therefore, your choice of college degree could have a direct impact on your employment prospects four years or more from now.

It's probably not a good idea to pick a major solely due to the economy and job growth prospects. However, you should research a variety of degrees that interest you, learn about similar ones, and find out which ones offer the highest average salaries, and the best job prospects upon graduation.

Fortunately, many areas of study within the healthcare field are growing and continue to add jobs. In fact, in a list of nine most promising college degrees, published by US News and World Report, three of the degrees on the list were in the healthcare field. To learn more about these three degrees and others that are in demand, check out the new list of healthcare majors in greatest demand.


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