Choosing a college major. It’s one of the toughest decisions you will ever make and will in many ways affect your life’s overall trajectory. For high school students with little to know guidance, selecting a field of study can be extremely hard, leaving students nationwide stressed and confused. In this article, we are going to talk about how to pick a major that will give you the best return on your investment, so that your college major actually pays off. 

There are a few different ways to approach choosing a college major that pays off; however, one of the best ways to start is by looking at majors with strong job prospects. By this I mean, fields with high demand and employment rates that not only are less likely to be affected by machinery and saturation, but also have respectable starting salaries with high earning potential. In essence, it is important to choose a major with a high supply and low job demand that has diverse job opportunities with high earnings. While these majors may seem like a diamond in the rough, there are a large amount of them, and with proper research, finding them is definently plausible.

Another way to maxamize the return on your investment when choosing your college major is by evaluating the cost, time, and financial aid of the major that you are interested in. For example, some majors, like engineering in particular, often offer more scholarship or paid internship opportunities. On top of this, engineering majors often spend only 4 years in school, whereas students who are interested in pursuing medicine spend 8 years in schoool on average, along with a period of paid residency that lasts an average of 3 to 7 years.When choosing your major, it is also important to evaluate majors that high level schools in your state or area that may offer financial discounts.

Choosing your college major can be tough given all the financial and career assets and liabilities it will present. If you want to make the best return on your investment when picking a college major, always make sure to evaluate high paying fields, high demand fields, the scholarships offered to your for that particular major, and the region in which you will be attending school to make the best possible decision.