What do Bill Gates, Ralph Lauren, Henry Ford, and Harry Truman have in common?
The answer might not be obvious at first glance–they are all highly successful individuals who did not earn a college degree. And they are the bane of college and university educators as the examples always used by legislators, students, parents, and anyone else trying to argue for the declining value of a college education.
As tuition and other college costs rise for students and parents nationwide in all sectors of higher education, and with all the renewed public attention to the pressing issues of rising student debt and the dynamics of America’s student loan system, it makes sense to ask seriously about the value of a college education. And it also makes sense to drill down on that question to really explore which majors or college plans of study are better than others.
For those of us who study and teach in the communication arts and sciences, then, an operative question of the moment is What’s a COMM major worth?
Some answers to this question are found in a new report from the Center on Education and the Workforce at Georgetown’s Public Policy Institute. Entitled Hard Times: College Majors, Unemployment and Earnings, the report draws on data from the American Community Survey and from the Census Bureau to offer a comparative snapshot about unemployment and earning power based on specific college majors. For Communication (identified in the report as Communications & Journalism), the findings are quite interesting.
- COMM is not among the majors with either the lowest or the highest levels of unemployment. The major with the lowest unemployment rates is Nursing, at 4.8%. while students majoring in Information Systems face the highest level of unemployment at 14.7%.
- For COMM, the unemployment rates are 7.8% for recent college graduates, 6.0% for experienced college graduates, and 4.2% for graduate degree holders. Recent college graduates in the Humanities and Liberal Arts face a 9.0% unemployment rate while those in Psychology & Social Work are looking at an 8.8% rate, and those in Social Science are facing a 10.3% unemployment rate.
- COMM majors who are recent college graduates command median earnings of about $33,000. This is higher than Humanities and Liberal Arts majors ($30K) and equal to Law and Public Policy majors ($33K), but lower than Engineering majors ($54K) and Business majors ($39K). Graduate degree holders in COMM have median earnings of $64,000, ahead of majors in the Arts, Education, Recreation, and Psychology & Social Work.
- Among the COMM sub-fields identified in the report, Mass Media majors face the dimmest prospects, with an employment rate for recent college graduates at 8.9% and median earnings of just $31,000. The report counts Family & Consumer Sciences majors in the COMM group, and these graduates fare best in unemployment rates (6.4%), but less successfully in terms of median earnings ($30K)
For years, NCA and Communication educators have worked to convince students and parents that a COMM major is worth it–that the degree will be beneficial for students both in terms of liberal arts learning and in practical preparation for the challenging job market. Whether it’s via Pathways, the NCA guide to careers in Communication, or the ubiquitous poster in COMM departments nationwide that asks students “What Can You Do with a Communication Degree?,” we’ve spent considerable time and effort as educators convincing students, administrators, legislators, and parents that our degree matters, that it sufficiently prepares young people to pursue successful careers and to build fruitful lives.
Georgetown’s report on college majors and earning potential is good news for COMM educators and COMM majors. It demonstrates, with compelling data, that a COMM major is worth much, and is good preparation for young people who confront a difficult and daunting employment marketplace.