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College debt makes these worse

College debt makes these worse

BUSINESS NEWS

College debt makes these worse

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In light of the growing student-loan crisis, Americans appear more likely to think twice about going into debt to pay for a college education.

A bachelor’s degree is no guarantee of a high-paying career. There are many jobs today that typically require a four-year college education yet pay lower or only slightly above the average annual wage across all occupations of $38,640. 24/7 Wall St. reviewed 2018 median annual wage data from the Bureau of Labor Statistics to identify the lowest paying jobs for college graduates. 

Compensation is one of a number of considerations to take into account when choosing a job, and for many who go into the kinds of careers on this list, high pay is not likely a priority. These include service occupations, like social work and counseling, as well as creative fields, like sculpting or music composition. 

For those who attend college with the goal of having a high-paying career, certain fields of study are more likely to pay off than others. The average annual earnings for some college majors is over four times higher than the average earnings of others.

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41. Appraisers and assessors of real estate

• Median annual wage: $54,980

• Typical entry-level education: Bachelor’s degree

• Total employment: 80,800

• Projected employment change (2016-2026): +14.4%

40. Camera operators, television, video, and motion picture

• Median annual wage: $54,570

• Typical entry-level education: Bachelor’s degree

• Total employment: 25,100

• Projected employment change (2016-2026): +7.0%

39. Tax examiners and collectors, and revenue agents

• Median annual wage: $54,440

• Typical entry-level education: Bachelor’s degree

• Total employment: 62,100

• Projected employment change (2016-2026): +0.6%

38. Set and exhibit designers

• Median annual wage: $54,270

• Typical entry-level education: Bachelor’s degree

• Total employment: 14,600

• Projected employment change (2016-2026): +10.3%

37. Health educators

• Median annual wage: $54,220

• Typical entry-level education: Bachelor’s degree

• Total employment: 61,000

• Projected employment change (2016-2026): +14.5%

36. Curators

• Median annual wage: $53,780

• Typical entry-level education: Master’s degree

• Total employment: 12,400

• Projected employment change (2016-2026): +14.0%

35. Adult basic and secondary education and literacy teachers and instructors

• Median annual wage: $53,630

• Typical entry-level education: Bachelor’s degree

• Total employment: 68,200

• Projected employment change (2016-2026): +5.1%

34. Judicial law clerks

• Median annual wage: $53,540

• Typical entry-level education: Doctoral or professional degree

• Total employment: 14,000

• Projected employment change (2016-2026): +5.5%

33. Interior designers

• Median annual wage: $53,370

• Typical entry-level education: Bachelor’s degree

• Total employment: 66,500

• Projected employment change (2016-2026): +4.4%

32. Vocational education teachers, postsecondary

• Median annual wage: $53,120

• Typical entry-level education: Bachelor’s degree

• Total employment: 128,000

• Projected employment change (2016-2026): +1.4%

31. Probation officers and correctional treatment specialists

• Median annual wage: $53,020

• Typical entry-level education: Bachelor’s degree

• Total employment: 91,300

• Projected employment change (2016-2026): +5.7%

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30. Archivists

• Median annual wage: $52,240

• Typical entry-level education: Master’s degree

• Total employment: 6,800

• Projected employment change (2016-2026): +14.3%

29. Graphic designers

• Median annual wage: $50,370

• Typical entry-level education: Bachelor’s degree

• Total employment: 266,300

• Projected employment change (2016-2026): +4.2%

28. Marriage and family therapists

• Median annual wage: $50,090

• Typical entry-level education: Master’s degree

• Total employment: 41,500

• Projected employment change (2016-2026): +23.4%

27. Interpreters and translators

• Median annual wage: $49,930

• Typical entry-level education: Bachelor’s degree

• Total employment: 68,200

• Projected employment change (2016-2026): +17.7%

26. Farm and home management advisers

• Median annual wage: $49,840

• Typical entry-level education: Master’s degree

• Total employment: 10,400

• Projected employment change (2016-2026): +7.5%

25. Music directors and composers

• Median annual wage: $49,630

• Typical entry-level education: Bachelor’s degree

• Total employment: 74,800

• Projected employment change (2016-2026): +5.7%

24. Audio-visual and multimedia collections specialists

• Median annual wage: $49,600

• Typical entry-level education: Bachelor’s degree

• Total employment: 11,300

• Projected employment change (2016-2026): +8.9%

23. Fine artists, including painters, sculptors and illustrators

• Median annual wage: $49,380

• Typical entry-level education: Bachelor’s degree

• Total employment: 28,000

• Projected employment change (2016-2026): +6.6%

22. Meeting, convention and event planners

• Median annual wage: $49,370

• Typical entry-level education: Bachelor’s degree

• Total employment: 116,700

• Projected employment change (2016-2026): +10.9%

21. Exercise physiologists

• Median annual wage: $49,270

• Typical entry-level education: Bachelor’s degree

• Total employment: 15,100

• Projected employment change (2016-2026): +13.1%

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20. Clergy

• Median annual wage: $48,990

• Typical entry-level education: Bachelor’s degree

• Total employment: 243,900

• Projected employment change (2016-2026): +8.2%

19. Statistical assistants

• Median annual wage: $48,330

• Typical entry-level education: Bachelor’s degree

• Total employment: 11,800

• Projected employment change (2016-2026): +9.2%

18. Education administrators, preschool and child care center/program

• Median annual wage: $47,940

• Typical entry-level education: Bachelor’s degree

• Total employment: 61,800

• Projected employment change (2016-2026): +10.8%

17. Recreational therapists

• Median annual wage: $47,860

• Typical entry-level education: Bachelor’s degree

• Total employment: 19,200

• Projected employment change (2016-2026): +6.5%

16. Athletic trainers

• Median annual wage: $47,510

• Typical entry-level education: Bachelor’s degree

• Total employment: 27,800

• Projected employment change (2016-2026): +22.8%

15. Social science research assistants

• Median annual wage: $46,640

• Typical entry-level education: Bachelor’s degree

• Total employment: 34,000

• Projected employment change (2016-2026): +4.3%

14. Child, family and school social workers

• Median annual wage: $46,270

• Typical entry-level education: Bachelor’s degree

• Total employment: 317,600

• Projected employment change (2016-2026): +14.2%

13. Credit counselors

• Median annual wage: $45,180

• Typical entry-level education: Bachelor’s degree

• Total employment: 38,300

• Projected employment change (2016-2026): +13.8%

12. Mental health and substance abuse social workers

• Median annual wage: $44,840

• Typical entry-level education: Master’s degree

• Total employment: 123,900

• Projected employment change (2016-2026): +19.3%

11. Biological technicians

• Median annual wage: $44,500

• Typical entry-level education: Bachelor’s degree

• Total employment: 82,100

• Projected employment change (2016-2026): +10.2%

10. Agricultural inspectors

• Median annual wage: $44,140

• Typical entry-level education: Bachelor’s degree

• Total employment: 15,600

• Projected employment change (2016-2026): +4.6%

9. Museum technicians and conservators

• Median annual wage: $43,020

• Typical entry-level education: Bachelor’s degree

• Total employment: 11,800

• Projected employment change (2016-2026): +12.4%

8. Reporters and correspondents

• Median annual wage: $41,260

• Typical entry-level education: Bachelor’s degree

• Total employment: 44,700

• Projected employment change (2016-2026): +10.0%

7. Directors, religious activities and education

• Median annual wage: $40,810

• Typical entry-level education: Bachelor’s degree

• Total employment: 147,100

• Projected employment change (2016-2026): +7.1%

6. Proofreaders and copy markers

• Median annual wage: $39,140

• Typical entry-level education: Bachelor’s degree

• Total employment: 14,200

• Projected employment change (2016-2026): +1.7%

5. Rehabilitation counselors

• Median annual wage: $35,630

• Typical entry-level education: Master’s degree

• Total employment: 119,300

• Projected employment change (2016-2026): +12.7%

4. Coaches and scouts

• Median annual wage: $33,780

• Typical entry-level education: Bachelor’s degree

• Total employment: 276,100

• Projected employment change (2016-2026): +12.9%

3. Graduate teaching assistants

• Median annual wage: $33,700

• Typical entry-level education: Bachelor’s degree

• Total employment: 168,300

• Projected employment change (2016-2026): +7.7%

2. Radio and television announcers

• Median annual wage: $33,220

• Typical entry-level education: Bachelor’s degree

• Total employment: 41,300

• Projected employment change (2016-2026): +11.6%

1. Legislators

• Median annual wage: $24,670

• Typical entry-level education: Bachelor’s degree

• Total employment: 55,500

• Projected employment change (2016-2026): +7.1%

Methodology

To identify the lowest paying jobs that typically require a college degree, 24/7 Wall St. reviewed the 2018 median annual wage for detailed occupations that require an entry level education of a bachelor’s degree or higher, with data from the 2016-2026 Employment Projections from the Bureau of Labor Statistics (BLS).

Data on educational attainment by detailed occupation came from the Employment Projections program’s detailed data tables. We excluded all non-specific occupation classifications used by the BLS from consideration, specifically those jobs labeled as “all other,” a catch-all designation.

24/7 Wall Street is a USA TODAY content partner offering financial news and commentary. Its content is produced independently of USA TODAY.

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