Graduates in non-STEM industries typically earn less than those in tech and science fields.The New York Federal Reserve released a labor-market report on college majors. Theology and religion was the worst-paying major five years after graduation.
There are six college degrees that left graduates earning a median salary of $40,000 or less five years after graduation, according to an analysis by the New York Federal Reserve.Barry Austin Photography The analysis, published in February, took into account the earnings of recent college graduates and explored the labor market according to their college major. Theanalyzed the median salaries of graduates who were ages 22 to 27 in 2021.
The New York Federal Reserve found the six lowest-paying majors fell under social sciences and liberal arts. In comparison, the highest-paying majors were all in STEM industries, which include careers in science, technology, engineering, and math. Notably, chemical engineers took the top spot when it came to high wages, with a median salary of $75,000 five years after graduation.
Take a look at how much the lowest-paying majors are earning, according to the New York Fed's data. The underemployment — defined in the report as working in jobs that typically don't require a college degree — and unemployment rates for each major are shared as well.Performing arts can include dance, music, and theater.
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