African Americans: College Majors and Earnings

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African Americans: College Majors and Earnings Anthony P. Carnevale, Megan L. Fasules, Andrea Porter, Jennifer Landis-Santos February 9, 2016

Transcript of African Americans: College Majors and Earnings

African Americans: College Majors and Earnings Anthony P. Carnevale, Megan L. Fasules, Andrea Porter, Jennifer Landis-Santos

February 9, 2016

Overview •  Access to college for African Americans has

increased, but African Americans are highly concentrated in lower-paying majors

•  African Americans, who represent 12 percent of the

U.S. population, are underrepresented in the number of degree holders in college majors associated with the fastest-growing, highest-paying occupations—STEM, health, and business

Since 2009, African Americans have gained ground in social sciences, psychology and social work, and health

Earnings vary greatly among college majors

•  African Americans who earned a Bachelor’s degree in a STEM related major, such as architecture or engineering, can earn as much as 50 percent more than African Americans who earned a Bachelor’s degree in art or psychology and social work

Architecture and engineering is the major group with the highest median earnings for African Americans with a Bachelor’s degree

Majors and earnings African Americans account for 12 percent of all Bachelor’s degree holders who majored in psychology and social work, and only 5 percent of architecture and engineering majors

African American representation is low in the fastest-growing fields African Americans who majored in pharmacy and pharmaceutical sciences and administration have the highest median earnings at $84,000

National top ten median earnings for African Americans with Bachelor's degrees

African Americans tend to be overrepresented in low-earning majors Majors associated with serving the community, including human services and community organization (20%) and social work (19%), are highly represented

Conclusion •  Careful career planning is especially crucial for all African

American students to help them avoid debt and underemployment later in life

•  African Americans who choose majors in well-paying, growing fields are likely to be better positioned to get higher paying jobs, acquire less student debt and nurture future generations

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See the full report at: cew.georgetown.edu/africanamericanmajors