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The editors at Best Liberal Arts Colleges decided to research the topic of: Liberal Arts Degrees: Can They Still Get You a Job?- Liberal Arts degree, for a recent college grad, unemployment rate: 9.4 percent - Lower rate than Architecture (13.9 percent) - Higher than Law and Public Policy (8.1 percent) - Only about 20% of Liberal Arts grads are concentrated in any single industry - In contrast, over 75% of people who major in Education get a job in the Education industry - Source - "Student debt is now at the $1 trillion mark with graduates of four-year institutions facing an average of $25,000 in debt." Tom Snyder, the President of Ivy Tech Community College, on debt being a reason not to pursue a degree in liberal arts. Most Common Professions for Liberal Arts Grads- Anthropology: archaeologist, museum curator - Communications: newspaper reporter, advertising and marketing executive - English: writer, editor - History: archivist, historian - Languages and linguistics: foreign service officer, interpreter - Sociology: market researcher, jury consultant But, There is Hope- 6.1% Unemployment rate for an experienced college grad - 3.9% unemployment rate for a master's degree holder - ACS 2009-2010, pooled sample. Recent college graduates are 22-26 years of age, experienced workers are 30-54 years of age. Graduate degree holders are limited to 30-54 years of age. Percent unemployed are computed based on total employed and unemployed. Earnings based on full-time, full-year workers. - Avg income for recent college grad: $30,000 - Avg income for experienced college grad: $50,000 - Avg income for master's degree holder: $66,000 - Vivek Ranadive, the man who digitized Wall Street with real-time technology in the 80s, "If anything, I think we should make the liberal arts education more rigorous. If you teach students one trade, that skill might be obsolete in a few years. But if you teach people how to think and look at lots of information and connect dots - all skills that a classic liberal education gives you - you will thrive." 4 ways things Liberal Arts students can do to ease the job search- 1. Know your strengths - having strong control of the English language, written or verbal, is a huge asset. - 2. Supplement your courses - Find an internship for real world experience and a foot in the door - Take a couple classes beyond the standard requirements in more specialized fields. - 3. Showcase your skills - Prove it with examples. - 4. Expand your job search - Their broad education can give them unique perspectives in problem solving and critical thinking. - "[I see] political science majors being offered positions in consulting firms; English majors landing positions with market research firms; history majors going with investment banks" - Kathleen Powell, director of career exploration and development at Denison University in Ohio Benefits of a Liberal Arts Degree- Learn skills that benefit almost any profession - Writing and strong interpersonal communication - Cross-cultural Training - Foreign Languages. Bonjour! - Research Skills - Key for careers in journalism and law. Not to mention graduate schools look for applicants who excel in this area. - Adaptability - Grads can critically evaluate situations and information, forming new conclusions. - Sources - http://www9.georgetown.edu/grad/gppi/hpi/cew/pdfs/Unemployment.Final.update1.pdf |