What you take will determine what you make

So says Anthony Carnevale, Director and Research Professor of the Georgetown University Center on Education and the Workforce, in this interview that aired on Bloomberg and was posted by the Chicago Business Journal. Some points made by Mr. Carnevale:

  • Petroleum engineering is hot. Jobs are available at high salaries.
  • Other technical degrees associated with energy production have strong job prospects.
  • STEM (science, technology, engineering and math) fields are always a good bet.
  • MBAs have a good return on investment (ROI).
  • Disciplines with the worst ROI include psychology, religious studies, theology and sociology.
  • Interests and values drive people. ROI is not the driving force for most people; however, it can’t be ignored if you’re going to incur substantial student debt. Your debt must bear an appropriate relationship to your earning power if you hope to pay off your student loans.