When your child chooses a major that taps into his or her passions and aligns with interests and strengths, that’s wonderful for them. But, because college educations are increasingly more expensive, it’s natural to hope that the choice of major will also be practical, one worth the investment.
Higher education is a financial investment, with average college tuition and associated fees for the 2018-2019 academic year standing at:
• $35,676 for private colleges
• $10,230 for state residents at public colleges
• $26,290 for out-of-state students at state schools
This doesn’t count housing expenses, transportation costs, and books and supplies. So it just makes sense to want your child to end up with a college degree that’s practical.Read more