Recently, students have been focusing on finding graduate schools that best fit their interests and goals. This involves getting acquainted with the possibilities that a particular major or a specific college can offer their prospective students once they complete their degree.
Return on investment (that entails, among other things, how hefty a student’s paycheck will be in the future) has become a key factor in university decisions, which is also reflected in college rankings. This phenomenon has left a majority of liberal arts majors considering whether an online graduate degree in Liberal Arts is worth pursuing from a financial perspective.
Initial salary packages for students who graduate with a degree in Liberal Arts are low compared to those of students majoring in Engineering, Finance, and Computer Science. Their average take-home salary is between $56,100 and $70,400. However, the good news is that the most recent salary survey conducted by the National Association of Colleges and Employers (NACE) indicates that salary packages for Liberal Arts majors are displaying a promising trend.
The top starting salary for a Liberal Arts graduate – $43,100 – falls under the category of Liberal Arts and general/science studies. This salary has witnessed a 3.9% increase over the last year. The second highest salary, $41,900, is for students who have a graduate in History, followed by English Literature and Language at $40,200. This has increased by 3.6% over the past year. Lastly, those working in Performing Arts and Visuals bag an average of $33,800.
The above statistics conclusively show that earning an online Master’s degree in Liberal Arts is a good means of earning a healthy paycheck. Besides the pay, graduating in this field allows you to develop a set of versatile skills appreciated by employers. These skills include critical thinking, analytical reasoning, critical reading, and communication. This degree inculcates innovation and prepares you for a volatile job market.