A liberal arts degree is not just about learning how to read, write, and do math well, it’s also about educating you about different subjects that contribute towards making you a smart person. These non-technical skills are what employers look for in professionals.
Liberal arts degrees focus heavily on teaching students how to think critically about things outside of academic settings, as well as giving them the tools to evaluate information logically.
These include studying literature, history, and philosophy, among others. While some colleges have dropped these areas from their curriculum due to cost or lack of interest, they are still important fields that can be incorporated into a bachelor’s degree program.
There are many reasons why an education in the humanities is so valuable. Here are eight ways a liberal art degree can boost your income.
Second, it depends on your major
Beyond what field you choose to work in after college, how much money you make also varies greatly depending on which degree you have and what area of business or career you want to pursue. For example, those with a masters in education could be teaching students, while those with more formal degrees can be working in related fields like administration, policy, or finance.
Business majors may get paid well if their employers need someone with an MBA for leadership positions, or marketing professionals who know their products inside and out. Marketing is such a popular profession that there are always jobs available!
Other areas where employment opportunities abound include research analysts, statisticians, accountants, and engineers.
Engineers and architects earn very good wages due to the nature of their professions, as they require lots of training but not too many people having these skills so there is competition for job openings.
Overall, though, studies show that higher levels of education do not guarantee greater income, beyond what level you are at already.
Third, it depends on your job
What kind of career you want to have is very important in determining how much an arts major costs to live on. If you want to be a doctor or lawyer, then definitely do not limit yourself by only studying business, finance, marketing, and psychology.
These are all valuable courses but they are not enough to get into those professions. You will need to take many other courses like biology, physics, anatomy, and social studies.
If you want to be a teacher, you must study education, history, and possibly even chemistry and math. All of these areas play a big part in educating people.
If you want to work with numbers, learn accounting! A degree in business administration can easily cost over $100k. But if you are more artistic, there are ways to become familiar with money through art.
There are classes that focus on painting about money, sculpture about coins, and music about notes and rhythms. By learning this information, you can apply it towards becoming artist who makes money.
Fourth, it depends on your location
Even if you’re educated at a prestigious university like Princeton or Harvard, that doesn’t mean you’ll make as much money as someone with an undergraduate degree in business administration. In fact, according to PayScale, the average income of those without a bachelor’s is higher than that of people with one!
That makes sense because most employers look more heavily into whether you have a college education before offering you a position. More highly-educated candidates means there are more jobs for them, which gives them a better chance of being chosen over someone who is less well-educated.
However, there are some positions where no formal education is needed. For example, chief executive officers (CEOs) don’t typically have college degrees, but they do need to be able to demonstrate leadership skills. If you can’t then somebody else will take over and handle the job.
Fifth, it depends on how much you go to school
In general, having an undergraduate degree in liberal arts or humanities will not guarantee you a better paying job than those with more professional degrees. However, they are still important to have.
Liberal arts majors tend to work for higher pay in two areas: education and health care.
Education professionals such as teachers or professors typically start out underpaid but make good enough money to live on quickly. Health professionals like nurses and doctors begin their careers being paid less than what they deserve because of overpaying in college.
However, both groups of professionals get adequate compensation at the end of their shifts. This is why there are so many graduates with no formal training beyond their bachelor’s degree.
By getting additional education or certification, students should be able to increase their income.
Sixth, it depends on your networking
A major in liberal arts can lead you to many different career paths. Because these studies focus more on creating understanding of others’ points of view, communication skills are very important. This is why most employers emphasize education as a key factor in hiring.
Liberal arts degrees often teach students how to evaluate arguments and conditions logically, which helps them analyze things around them. For example, a student might be studying history and economics, two fields that deal with theories about past events and how money works.
By applying their knowledge of these subjects to workplace situations, they may develop strategies for solving interpersonal problems or improving working relationships.
Thinking about ways to motivate people could be influenced by knowing what makes an effective argument or theory of economics.
Seventh, it depends on your skill set
A liberal arts degree does not necessarily prepare you for anything beyond being an educated person. While some majors focus more on business or education, most major in something like humanities or social sciences. These areas are not specific to any one industry, so they do not require much training outside of what you learn in school.
Being able to identify good from bad art is important. Being aware of cultural references is crucial to studying literature. Knowing how effective theories of psychology work is key to understanding sociology.
A lot of jobs that use these skills do not pay very well, however. In fact, many of them can be considered “service” positions that don’t call attention to their employers’s names. People tend to go into fields such as teaching or nursing because it doesn’t cost too much money to do so, which is why teachers and nurses make such low wages.
Overall, though, a liberal arts degree gives you a solid foundation in knowledge. And while this may sound boring, we would all agree that someone who knows about several different topics is better than someone who knows only one.
Eighth, it depends on the economy
In general, with liberal arts degrees, how much you make really depends on what area of business or industry you are trying to climb the ladder in. If you want to be an accountant, for example, then going into more creative fields like advertising, marketing, public relations, etc is the better route. If you would like to move up within technology, then studying computer science or engineering is your best bet.
If you are looking to move up in banking, finance, or real estate, then having an undergraduate degree in these areas can help. Just remember that even though there are lots of people with these types of backgrounds, not everyone makes as much money as their own level implies!
Generalizations about income levels are tricky because individual success comes down to many different factors such as personality, work ethic, leadership qualities, communication skills, etc.
Ninth, it depends on your job market
The other important consideration in how much an art or liberal arts degree costs is what you can afford to spend. Art and humanities majors do not typically offer as strong of employment prospects as students with more practical degrees like business or information technology.
However, this doesn’t mean they are useless if you can’t pay for them! Many colleges now offer inexpensive online courses that can be very helpful while working.