ROI on College

Choosing a major in college doesn't predestine you to a specific career or job, but it does put you on a path where some doors open easily than others.

We have three kids in college right now. Fortunately, we have saved diligently for this and two of three were fortunate enough to get scholarships that help bring down the price tag a bit. College is a big investment and we hope it pays dividends- but it is a big unknown. We do know that earning power is higher with a college degree. Yet depending on the career path, the ROI can look attractive or a bit iffy.

Choosing a major in college doesn’t predestine you to a specific career or job, but it does put you on a path where some doors open easily than others. I graduated with a social work degree but after a couple of internships, determined that my interests were better aligned with a human resources type role in a corporate setting. Now, the doors didn’t not open easily for me but eventually I found an employer that looked at my skills beyond just my degree.

My youngest is just finishing up his freshman year in college and is stressed about picking a major that will have plenty of job options when he graduates. This is an important consideration and I am pleased he has that practical approach. Yet, I have encouraged him to also consider what he enjoys and what his gifts are. In an ideal world, those would all line up- a career opportunity that leverages your talents and that you will enjoy.

I hope he finds that, but it may take a few turns and detours along the way. Has your career path been a direct line from your college major to your current role?

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