Liberal Arts Degree
Liberal arts is often referred to humanities, because some of the primary subjects for liberal arts majors include literature, art and music history, languages, and philosphy.
Current Statistics for Liberal Arts Majors
During peak retirement years, graduates with liberal arts degrees make a slightly higher salary than than those who majored as undergraduates in professional or pre-professional fields. However, they do earn significantly lower salaries straight out of college.
Another statistic to note is, "The unemployment rate for recent liberal arts graduates is 5.2 percent. The unemployment rate for mature workers with liberal arts degrees (41-50) is 3.5 percent—just .04 percent higher than the rates for those with a professional or preprofessional degree."Source: The Association of American Colleges and Universities and the National Center for Higher Education Management Systems (NCHEMS) report: aacu.org/press/press-releases/new-report-documents-liberal-arts-disciplines-prepare-graduates-long-term
Top Paid Liberal Arts Majors
According to the National Association of Colleges and Employers April 2014 Salary Survey, foreign language and literature liberal arts majors earned a higher salary upon graduating, earning $46,900. This was mainly due to positions in the teaching field.Source: National Association of Colleges and Employers: http://www.naceweb.org/s05142014/top-paid-liberal-arts-grad.aspx
Career Opportunities with a Liberal Arts Degree
There are several industries that graduates with a libral arts degree may have opportunities such as: retail, management, sales, and teaching. Liberal arts degree earners also make up a large portion of social services professions.
Many four-year graduates with a liberal arts degree also continue onto a graduate degree and earn significantly more upon graduation.
Note: The term "liberal arts" in the report includes majors in the humanities, arts, and social sciences.