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Saturday, August 27, 2011

Back from vacation!




I deeply apologize for all the days I've missed blogging and writing! I hope I didn't cause much confusion and misery =P

I was at Santa Cruz for a little while. I've also been working on some art projects. Anyway, I'll back to posting educational and intellectual posts. Summer is coming to an end, and the learning and yearning feeling is gradually coming back!













A new crop of college graduates have just landed on the job market. Right now they’re probably just hoping to get any job, if at all. However, for psychology majors, the salary outlook in both the short and long term is particularly poor, according to a new study which will be published in an upcoming issue of Perspectives onPsychological Science, a journal of the Association for Psychological Science.
It’s generally known that psychology majors don’t make a ton of money when they’re starting out; they’re not like engineering students, many of whom go straight into a job that pays well for their technical skills. But some people have suggested that a psychology major may pay off later in the career, as the critical thinking skills and literacy of the liberal arts education become more valuable. D.W. Rajecki of Indiana University was skeptical. “Psychology educators say liberal arts skills should be valuable in the workplace. Employers say they value liberal arts skills in employees,” he says. “I say, ‘show me the money.’” So, with Victor M.H. Borden, he set out to examine several data sets on earnings for people in different fields.
As expected, they found that psychology majors’ median starting salary of $35,300 is well below the average for college graduates. But they found that this is also true at midcareer, when psychology majors are still paid below the average. They fare particularly poorly when compared to graduates in other science fields, engineering, and health.
“Face it, wages are tied to specific occupations, and real-world data show that psychology alumni just don’t work in areas that pay top dollar,” says Rajecki. Advanced degrees don’t help, either. “Even psychology professors obtain appointments at the lower end of that salary scale.”
Rajecki doesn’t think this means 18-year-olds should stop choosing psychology as a major. “Psychology is a remarkable academic discipline that seems to get more interesting every passing year.  Why should any student avoid the field?” he says. And, of course, money isn’t the only thing that matters. But when academic counselors are giving students advice, they should make it clear that psychology isn’t necessarily the road to riches.
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For more information about this study, please contact: D. W. Rajecki at dwrajecki@sbcglobal.net.
from http://www.psychologicalscience.org/index.php/news/releases/will-psych-majors-make-the-big-bucks.html


Do you know any psych majors? How are they doing in life now? Did they ever see yourself majoring in psychology? Do you think it is a good major? 


Please voice your opinion on psychology majors down below!

16 comments:

  1. Uh oh, this is really bad news for me. Time to do some reevaluating...

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  2. Tell that that to Dr. Phil, lol!

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  3. Oh, hope you had a good time! I have family in Santa Cruz :)

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  4. I know a few successful psych majors, but they all had to get their doctorates.

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  5. I like reading about psychology. But I know no psych majors. Hell I barely know any one who went to college!

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  6. Great to hear you're back! :D
    No, I don't know any psychologist. :/

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  7. Santa Cruz is lovely! Hope you had a good time!

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  8. an ex gf is a psychology major. she doesnt make much money, just enough to stand alone on her feet, but she sure enjoys what she does.

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  9. My mom is a psychology major, she is a cool woman and is doing fine hahahah i guess im a little biased.

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  10. Good luck with those art projects!

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  11. I do not know any psychology majors but this does not mean I don't believe in them.

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  12. Where ever I go somebody was on vacation or going to vacation.. Damn, I hate you all!

    :)

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  13. its been a while, but I myself have returned!
    Great post!!

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  14. they will become more and more paid in a near future, I'm pretty sure of that, modern problems are mostly connected to psychological problems, I think :)

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  15. My advice doesn't pay the bills but I say this: You only have one life to live. Don't waste it chasing paper.

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