source: Marginal Revolution
source: Chronicle of Higher Education
The Wall Street Journal has a nifty interactive gizmo allowing comparison of the popularity of college majors with the graduate's resulting earnings and employment. The five majors whose graduates were most likely to be unemployed:
Clinical PsychologySimilar charts here.
Miscellaneous Fine Arts
United States History
Based on the WSJ data, Gabriel Rossman at Code and Culture plotted "unemployment by rank popularity. Because low rank means popular, the funnel is backwards":
source: Code and Culture
All of which suggests that the OWS protesters should major in something other than liberal arts so they don't go deep in debt without being able to "get a job".
Alas, OWS hasn't realized that. Nor do they seem to know that federally guaranteed student loans normally are not dischargable in bankruptcy. Although were there mass defaults, American taxpayers might be more willing to downsize the guaranteed student loan program.
But that's not the way OWS protesters see it:
[Dylan] Bozlee dropped out of college at the University of Hawaii to join Occupy, and says he’d rather travel across America than get a job. "Do I want to work? Only if I wanted a home, wife, kids and a dog. If not, I think you’re ruining your life," he said.In other words, not only did OWS choose to become slackers, they insist taxpayers fund it. Call the soap opera "The Young and the Lazy."