Life and Religion
|Money, passion in tug of war for collegians’ pick for major study|
|Study suggests job-related pick best for wallet|
|Published Wednesday, July 18, 2018 11:18 am|
Choosing a life based on passion or money is a major decision.
Every year, thousands of students go through the process of choosing a college major. In some instances, they choose based on passion while others pick a major that would put the most money in their pockets. However, according to StudentLoanHero, choosing a major based on passion puts students in more debt with a degree that would not dig them out.
StudentLoanHero stated: “While choosing a college major based on your passion sounds good in theory, when it comes to earning a living, it’s much more complicated.”
One tip to consider when choosing a major according to StudentLoanHero, would be to check postgraduate earning potential. Money is important, but so are living expenses and having a little financial wiggle room.
Another tip is to do research before officially dedicating an entire collegiate career to one discipline. When choosing a major, talk to people in that field to get feedback and insight on what is expected. Evaluating a major for return on investment is listed as an important tip as well.
In the end, choosing a major that would allow the student to be able to repay loans along with keeping up with living expenses is key. Michaela Gibbons, a freshman at Davidson College, chose her major based on passion and life stability post-graduation.
“I think I’m leaning towards [majoring in] physics more than history because of the practicality of the major and the likelihood of job and financial stability,” she said.
Although a student can change majors at any point, it would delay graduation and potentially add debt.
According to CollegeFactual, in 2016, science, technology, engineering, math, business and education were the most popular at Winthrop University. Eulillian McFadden, a senior STEM major at Winthrop, chose a route that satisfies her heart and pocket.
“I am a biology major on the pre-med track with a chemistry minor,” she said. “I plan to go to medical school after undergrad to be a pediatrician. I guess I could have chosen any major and still have gone to medical school, but I love science. So for me, I am definitely driven by my passion for the subjects. However, the financial gain that will come along with it is definitely a plus.”
According to a poll conducted on Twitter, 70 percent of people chose their major based on passion while the remainder based their decision on money. In another Twitter poll, with options of money, passion or both, 57 percent of people chose passion and 43 percent chose both.
StudentLoanHero stated: “What you decide to study in college has significant implications for the rest of your life. If you need to take out student loans to afford school, it’s important to choose a major that balances your interests with a competitive salary.”
Ellie Lipp, a Davidson freshman, chose her major based on passionate life experiences.
“When I was 6, I was diagnosed with Type 1 diabetes,” she said. “For the longest time I imagined myself as an endocrinologist leading the world for a Type 1 cure. As I entered high school at the age of 15, I started to develop anxiety, depression, and OCD tendencies. I became interested in the science behind mental health. Long story short, gone were the visions of finding a cure for Type 1, now replaced by images of me being named the head of the World Health Organization, travelling globally and bringing healthcare to places that didn’t have access.
“I don’t want to go into the health field for money. That doesn’t interest me at all. I want to pursue my passion of helping people and my interest in how humans function and interact.”
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