This is what American teenagers want to be when they grow up

Few people in this age group want to punch a time clock or sit at a desk for eight hours a day, even though 15% of Americans have office/administrative jobs

.. 20%, the largest percentage of teens surveyed, want to be an athlete, artist or entertainer.

.. Out of 400 teens surveyed, none wanted an office/administrative job. What’s more, only 1% wanted to work in sales, farming and fisheries, and only 2% wanted to be a manager, chief executive or politician, or marketing/public relations executive. Another 2% wanted to work in personal care and service occupations

.. Some 15% of respondents say they’d like a job as a doctor, nurse, veterinarian, pharmacist and/or dentist. The researchers said these are considered noble, prestigious and, yes, high-earning occupations.

.. They see people, sometimes their own peers, who are making a ton of money making videos.

.. Teenagers don’t know about financial literacy because adults have a low level of financial literacy too

Good News Liberal-Arts Majors: Your Peers Probably Won’t Outearn You Forever

Liberal-arts majors often trail their peers in terms of salary early on, but the divide tends to narrow or even disappear as careers progress

It’s no secret that liberal-arts graduates tend to fare worse than many of their counterparts immediately after college: According to PayScale Inc., a Seattle-based provider of salary data, the typical English or sociology graduate with zero to five years of experience earns an average of just $39,000 a year.

.. The story tends to change, however, as careers play out. Over time, liberal-arts majors often pursue graduate degrees and gravitate into high-paying fields such as general management, politics, law and sales

.. Using Census Bureau data, the Brookings Institution’s Hamilton Project analyzed lifetime earnings for each discipline’s top 10% of moneymakers. It found that computer science’s stars rang up lifetime earnings of at least $3.2 million. Nice work, but not as impressive as philosophy majors’ $3.46 million or history majors’ $3.75 million.

.. “College shouldn’t prepare you for your first job, but for the rest of your life,” says John Kroger, president of Reed College in Oregon, the liberal-arts school that famously served as a starting point for Steve Jobs. Although Mr. Jobs dropped out of Reed in the early 1970s, the Apple Inc. founder often credited the school with stretching his horizons in areas such as calligraphy, which later influenced Apple’s design ethos.

.. In the short-term, employers still say they prefer college graduates with career-tailored majors.

.. A recent survey of 180 companies by the National Association of Colleges and Employers found that at least 68% want to hire candidates who majored in business or engineering. By contrast, only 24% explicitly want communications majors, 21% want social-sciences majors and 10% humanities majors.

When asked to define the résumé traits that matter most, however, the NACE-surveyed employers rated technical skills 10th. Four of the top five traits were hallmarks of a traditional liberal-arts education: teamwork, clear writing, problem-solving aptitude and strong oral communications.

.. “It’s easier to hire people who can write—and teach them how to read financial statements—rather than hire accountants in hopes of teaching them to be strong writers,”

.. PayScale’s data shows that for people with 10 to 20 years of experience, degrees in communications, political science, history and philosophy yield average annual income of $70,000 or more. By contrast, degrees in French, anthropology, creative writing and film fit into a band of $60,000 to $69,000. Fields such as theology, photography and music bring up the rear; they pay less than $60,000 on average.

Meet the parents who won’t let their children study literature

Forcing college kids to ignore the liberal arts won’t help them in a competitive economy.

the drift toward pre-professionalism on college campuses, of widespread concern over student debt, of stories about college-educated baristas living in basements

.. I found it shocking that some of the brightest students in Virginia had been misled — by parents, the media, politicians and, alas, each other — into thinking that choosing English or history as a major would doom them to lives as impecunious schoolteachers.

.. there is now a considerable — and disturbing — amount of parental pressure against the liberal arts,”

.. One reason for the “explosion” of double majors — as high as 40 percent of students at some elite schools — is that students want one major to satisfy Mom and Dad and another to satisfy their own interests, she says.

.. Parents are becoming more deeply engaged in nearly every aspect of their children’s lives, and it’s carrying over even to their choice of major.

.. “A lot of our students feel parental pressure to go into business, economics, medicine,”

.. But more recently, in the wake of the Great Recession, the number of degrees in the core humanities disciplines — English, history, philosophy — has fallen sharply . In the mid-1960s, they represented as much as 17 percent of degrees conferred; now that figure is just over 6 percent.

.. One study by economists at Yale found that half of the premium earned by STEM majors can be explained not by what they learned in college but by the greater intelligence, diligence and other characteristics that they brought to those majors in the first place. Or to put it another way, they would have earned more no matter what they majored in.

.. only 27 percent of people have jobs that are substantially related to their college majors — a reality that applies even to the STEM fields.

.. at American universities, the original rationale for majors was not to train students for careers. Rather, the idea was that after a period of broad intellectual exploration, a major was supposed to give students the experience of mastering one subject, in the process developing skills such as discipline, persistence, and how to research, analyze, communicate clearly and think logically.

.. As it happens, those are precisely the skills business executives still say they want from college graduates

.. In today’s fast-changing global economy, the most successful enterprises aren’t looking for workers who know a lot about only one thing. They are seeking employees who are nimble, curious and innovative. The work done by lower-level accountants, computer programmers, engineers, lawyers and financial analysts is already being outsourced to India and the Philippines; soon it will be done by computers. The good jobs of the future will go to those who can collaborate widely, think broadly and challenge conventional wisdom — precisely the capacities that a liberal arts education is meant to develop.

.. There are some, such as Georgetown’s Anthony Carnevale, who worry that the liberal arts model of “intellectual exploration” has become an unaffordable anachronism