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@@ShaneHummus Btw I think it would be better if you could also invite some guest with higher degree to talk about what they think about their education
I was getting my Master's in Leadership (don't laugh at me). I started doing a bunch of research and thankfully you and a couple of other TH-camrs guided me to switch over to a MBA instead. All of the courses I've taken so far are transferrable. Overall, what I'm trying to say is THANK YOU 😭❤️
Thank to you I went from pre-med to nursing. This way I can ensure I have a job right out college with a bachelors degree and I’m planning to become a nurse practitioner. Which holds allot more of the values and goals I have more myself !
I study art history, and I LOVE it. Also, I live in Norway, my education is free (because the govournment actually wants to invest in an educated population).
@@bellalucci I really don't know. Personally I'm open to eventually being some form og teacher, or do art (either professionally or on the side). A job in a museum or gallery could also be a possibility. But I don't have a set plan. I just know that what I've learned here will have relevance no matter what I end up doing. I have learned so much philosophy and history through it. My life has ultimately become pretty enriched by it. But what you get "trained for", really, is to talk/write about art in relation to its context. To be a bearer of visual history of ideas and culture.
I live in the United States but my husband is a 100% combat disabled veteran and I just finished my 3rd college degree through VA funding. I have an AS in Accounting, a BA in Transportation and Logistics Management, and a MA in Supply Chain Management. I am currently an EMS bum (EMT who takes random shifts at different stations) and college is a hobby rather than a pursuit of a career.
@@megangoldstein7743 Mostly agreed. If you go into the humanities, probably don't expect it to become a career. But it will FOR SURE help you think, express yourself and understanding in absolutely everything you do thereafter. Enrich your life, so to speak. An investment into personal life experience.
Don't let the APA catch you calling a Master's level professional in psychology a "psychologist." As someone who once studied psychology at the undergraduate level, it was beat into our heads that you had to have a Ph.D, a PsyD, or Ed.D in psychology to be an actual psychologist.
Nowadays I'm prettt sure you can become a school psychologist with a masters because of the lack of them, I'd have to double check on it tho. But yes, psychologists hate the fact that a counselor can do the same exact therapy as someone with a doctorate.
@@Ghoul181 the animosity is true. My University for my bachelor's degree had an MA in Counseling (School and Mental Health concentrations) but no doctorate. The faculty for the undergrad never had great things to say about the counseling program and would never directly encourage students to apply for it.
@@ShaneHummus To elaborate (although I know this is a couple years old), last time I looked at the stats, 16% of psychologists have master's degrees and 84% doctorates. Take that as you will, but there are plenty of job opportunities at the master's level as well.
I’ll be done with my MBA in a few months and it was completely paid for by my GI Bill. I have no regrets so far. Even if it never gets me a high paying job outside the military the experience was well worth the time and energy invested.
You covered some really important points about choosing a master's degree. This is no joke since you'll be spending more precious time and not to mention more debts.
@@ShaneHummus I think it's important to mention that you need to check your institution's quality of programs and the research coming out of the school. If you are accepted to two programs at a good school but the school is known in industry for only one of those fields then it might be highly beneficial to take advantage of those connections. I think that a lot of people gloss over that small but important fact.
I love your videos so much. I’m not a fan of the kind of goofy over-the-top personality types that have taken over TH-cam, so I love seeing this style of delivery, dry humor, and keeping it simple with the facts. Keep it up and please don’t change! Also, as someone who‘s finishing up a masters degree in mechanical engineering right now at Georgia Tech and often have wondered if it’s all going to be worth it, I was waiting to see if engineering might be mentioned... and there it was at the end :)
I achieved my MBA before I was 25 after my undergrads in Accounting. I was fortunate my boss was also a lecturer. I produced his notes as I was inputting the knowledge into my brain. I later went on to a new career in Risk Management so another degree & Masters in Science. My work paid for my degrees & masters. I am pleased that I worked full time & studied at night. I was in my 20's when I ended my studies & 10 years later when I returned to my studies in Risk Management.
@@Kanal7Indonesia I was in my 20's when I started & was full of energy. At 51 I could never do it again. I found my forte in Risk Management but my background is Accounting. During GFC I had full employment as I just switched roles.
I’m weirdly following this although I’m doing my masters in IS I’m working as a financial risk management which my director wants me to have a formal qualification on I don’t want to go start from undergrad though
Shane, your "Professor" salary might be correct for those who can still find an Assistant Professor position. The reality is that post-secondary has turned into an underpaid intellectual slave-labor market of Adjuncts, making anywhere between $1500 - 5000 per course. The $5k mark is depending on whether the institution they teach for is union represented. This might be a video worth in its own right.
A degree isn’t just about money especially if you go into academia. Art majors and many masters degrees are for prestige. Some of you can’t wrap your head around that concept because you’re too busy tying to become influencers.
We need to abolish the whole “get a job” mentality and the worth of these degrees. A better thing to do is “what can you plan long term and how to use these degrees” rather then just get a job. For example, did I get this engineering degree so I can build an add on mechanism for what company A invented? That way I can sell it to them at a price? This example may sound absurd, but my point is the mentality of college grads need to change.
I think it's cause people lack critical thinking skills and they need something to blame. Universities never say you'll definitely get a job from having a degree. My university never said this. They just show the statistics of who gets a job after the degree. I never believed I would get a job straight out from getting my degree. I knew I needed to be competitive as well. A person needs to do everything they can to be competitive even with a degree.
One word, scholarships. I went through my undergrad with 0 debt, it is just a matter of planning and applying to tons of scholarships. I did take on some debt for my doctorate but I was being paid for my research and lab time so it wasn't bad.
The comment about there being a lot of MBAs out there is a really important point. Be careful when choosing a school. Use that US News World Report ranking. Getting an MBA from a top program will make you very marketable.
I started my MS in Statistics and Data Science last week, after getting a bachelors that offered pretty much no jobs. It is hard as hell as far but at least I'll have a job :)
You could have apply for a Master in Financial Engineering. Did you do your bachelor in Stat/Math ? If yes definetely learn a little of programming and you could land job with this Bachelor alone.
Hey, Social Work Major, here; thanks for giving me a shout-out. I think we should be paid more, too. I'm gonna need to work for the state or federal government for this to be worth it.
He sure is! I'll wager he is literally saving lives as in potentially reducing suicides. Debt is known to be correlated with suicide and so is unemployment. Combine the two, and you have a deadly combination. I would not be surprised that if enough people see Shane's videos prior to choosing a major, there will be a reduction in the suicide rate.
Really surprised by the stats for nurses and psychologists. I'm from Germany and the two are basically reversed. Here you don't even study at uni to become a nurse (apprenticeship instead of uni degree) and nurses aren't paid well at all. With a psychology Masters degree you at least get paid decently and getting a job is not a problem most of the time.
Not in the US, not american. But... Go to school to get a degree or a master in: 1. Engineering 2. Engineering 3. Engineering 4. Medicine 5. IT and related. Though, you can learn a lot by yourself & get certified.
Social workers are important too, so your comment only applies to people who want to make a lot of money. We need social workers and teachers. It's America's fault they don't value these positions as much as Finland.
BA in psychology; Masters in social work with a newly obtained clinical social worker license....the only thing that really helps increase earning potential, is my license which helps me make mid 60s. With my clinicial I can get over 70k. Private practice can pay even higher. I made my education decisions young but I’ve found ways to make the best out of my younger decisions. Another tip is if you work in government or non profit for 10 years then your loans will be forgiven.
Bro, please make a vid breaking down the different types of MBA programs and what kind of universities to go to to earn an MBA. Im so confused on choosing a University to attend. With a lot of Universities moving their MBA programs online I just don't know what University to choose.
It is simple. Aim to get into a top 20 full-time program. If you cannot get in, get your MBA as quickly and as cheaply as you can. No one cares below the top 20 other than you have the degree. You will learn a lot, but the MBA not a ticket. It is more a AAA road map to guide your career and take advantage of things along the way.
MBA, the big thing is how well you network. The enrollment rates of MBA students were down significantly before the pandemic but now it's higher than ever. How will you separate yourself from the numerous soon-to-be graduates? He is right, asking what is it paired with is a good question. But also, what is the emphasis of the MBA? Is it finance or global studies? What is your work experience? Did you work during your MBA? These are important questions to also ask. Be careful
I enjoy your videos a lot, one thing that I think can be improved is putting names instead of images in the tires, it will be easier to follow and get an overview at the end.
In Belgium and even some European it's almost impossible to get a job in stem field without master as these are all academic levels degrees. On the plus side I pay almost nothing.
Getting a masters in teaching is really only worth it if you can work as a teacher while getting the degree. In my state having a masters ups the pay by 4k more then someone with a bachelors, and bachelors gets paid 40k, so if you take 2 years off to get the masters then you lose out on 80k of income which isn't worth the time off.
I am going to just say that being someone who got their Masters in Chemistry for free essentially there are a lot of ways to get the masters for free in STEM if you go into a PhD program. Clearly people need to know what they are doing though if you go down this road.
Think you may be underestimating TEM degrees... MSc or MEng grads in these fields clean up with salaries always above 100k. I would even include the chemists in this from the S fields in STEM. Many folks also go straight to PhD now in S fields, which doesn't take 7 years anywhere other than in the USA. In my opinion TEM should be in your S category with S in STEM falling in A.
@@ShaneHummus glad to contribute. Thanks for the positive reception to my comment. To add context, I'm speaking as a current MSc student (maybe PhD student within a year) in a molecular biology field (developmental biology) in Canada. If you're in this molecular biology realm (i.e. medical research vs. something like evolution or ecology which are not well funded) you can make lots of money as a professor, scientist or even taking your skills out of academia and into industry (say at a hospital, biotech company or pharmaceutical company). Or, grad degrees in all science disciplines are also attractive to big consulting firms like McKinsey or Bain - essentially companies that lend expertise in any field, paying often well north of 100k. Cheers
@@ShaneHummus we dont want you to grow too much 😭😭. People will start choosing useful degrees and people like us will start having too much competition in our fields 😭😭😭
I expected to at least hear Mr. Shane school us on Master's in Public Administration and is that major a good choice for careers, he did not. But still, thumbs up, he is not lying concerning certain master degrees and exaggerated about a Neuro's salary.
I agree. It's definitely an interesting topic. As a college student right now, I can confirm that online classes are a pain in the rear, but doable. IMO going to campus depends on the person. If you are a more hands on learner or someone planning to major in something that would be hard to simulate online, then I'd say college campus has it's benefits. If you know you can work just as well online compared to online and know a very reputable school, then online may be a good option as it could definitely cut down college expenses.
Hi Shane. My criticism is that this video should be more granular. For example, is an MBA universally worth it or only for some majors? An engineering undergrad, for instance, would do well to pick up an MBA because most engineering firms don't need someone with more tech knowledge but they do need someone with adequate tech knowledge and then management know-how for the upper echelon of the company. You could give yourself an endless supply of useful material on your video page with this topic because the issue is really not whether a masters is worth it in any given category but rather what combinations of undergrad, grad, AND i would add, work experience work best. Many people get experience after bachelors and then have enough information to determine whether grad school would be worth it and in many cases the employer will pay tuition, even better. Finally, many of the categories you listed encompass dozens of majors. In medicine, you can get a masters in nursing, which as I understand it from my PA brother-in-law, is substantially different than the PA degree. You can also get a post-nursing masters that relates to research. I don't even understand the details but if you want new materials this is a topic that would not only keep you occupied for weeks but also fill a knowledge gap that I don't see addressed anywhere else in career advice forums.
@@ShaneHummus np hope it helps. I would recommend starting over with a video series on masters degree categories. take each one in turn, explore in depth, and label each video according to more specific categories or even individual majors. maybe individual would be too granular, i don't know. regardless, then a person could pick the category of interest to him/her.
me watching this as an australian who is paying 7k a year to do my maths degree (all degrees cost the same) and it goes on interest free loans government gives u...
@@tard6759 7k a year is just purely for school! i commute so i don’t have to pay for rent luckily. I think Germany has higher taxes to make school so cheap though
@@tard6759 Yeah for the university but we don't pay upfront. The government pays for it then you pay it back with tax, interest free, once you start earning above a certain amount of money.
MS Psychology- Just so you know, you cannot practice therapy with a master's in psychology. You can practice therapy with a master's in counseling, family counseling, etc. Obviously, people need to understand whether or not their degrees will lead to licensure. The best paying therapists without a Ph.D. are actually LCSW or licensed clinical social workers. They can act as therapists or social workers. LCSW does not pay well but real, licensed therapists are in HIGH demand. Someone would gets a master's in psychology would be to help them get into a Ph.D. program. There are many kinds of psych Phds and only counseling or clinical would lead you to become a therapist although you will also do scientific research in your program. Almost all the other psych Ph.D. programs are research degrees. Also, don't pay for a Ph.D. Get funded.
I moved on from OT since Congress recently decided that therapy fields to be not as needed as other medical professions cutting jobs and making most full time jobs only part-time to prn. I was interested in the MSW program and not all social workers are paid such low salaries, BLS doesn't account for the different specialities. Maybe only for those who earn a LMSW or even a LCSW. Also, on r/slp and r/occupational therapy, users have stressed that BLS gets it wrong about the yearly salary. That's not for recent grads, but rather seasoned (senior) therapists so they have higher debts. Also, my mum is a nurse and works with nurse practitioners who say they cannot find work that's in the largest medical center (TMC). I guess these things are like a gamble really.
You should do a video biased on careers in the cannabis industry. There are many jobs oppurtunoties now on this industry and i think it would be fun to look into it
It's pretty interesting that psychology is seen as such a poor degree in the US. In Denmark, college is free, but the amount of people admitted to each degree is limited by the needs of society. Due to supply and demand, this has led psychology to become the hardest degree to qualify for academically, and is therefore seen as a degree for the elite. The contrast between this and the situation in the US is staggering.
I got a data analytics degree for 10.5k from Western Governor's University and got a job in the field with about a 15k pay raise (when considering the amazing retirement benefits--5k in salary) and I'm in a lower-paid field (community college). If I were to do it again, I'd seriously consider Colorado State-Global or Georgia Tech, which are both inexpensive public online colleges with CS concentrations. It got me out of the biology bachelor's trap :)
Thankfully although my income is pretty low doing biology, my debt is also decently low as well so it's not too bad. Honestly I'm much happier doing something I love for a medium level income while also not being in crazy debt.
Honest question, are you colorblind? At 5:55 you show a dti of 1.5 in green but at 8:25 you show a dti of 1.3 in red. Do the different colors mean anything? Is red worse than green? If so, aren't lower dti's better than higher dti'S
Interesting. I do think that you’re undershooting the college professor route. I’m a chef with a doctorate at AP rank and with that niche my salary is more than your data scientist rating. This good though, raises awareness for the current generation. As for DTI, all of my education was paid for by my university employers with a 2 year working agreement post graduation. Basically zero debt if you do enough DD to find a school that will support/invest in you.
You can definitely get below a 1 debt to income ratio when getting a STEM master's degree. For instance, I got some internships for software development, and that was more than the total cost over 2 years. Definitely, go to a cheaper school. Don't go to a school that charges you $50k/year. It's not worth it.
I was looking at a program that could be completed in as little as 10 months, but I'm skeptical because they do not cover any math. I almost think one is better off pursuing a CS degree or statistics degree. From what I hear, very few people start off as a data scientist. Most people start off as data analyst or software engineer and work there way into a data science role. If I do end up needing to pursue another degree, I'd go the CS route.
@@MisterTLion5921 I was accepted into the University of Denver's master's in data science program as well and it covers advanced statistics, advanced calculus, linear algebra and had a strong programming component. The only problem is it would set me back 70k in student loan debt and even federal loans would not cover the whole cost. Push comes to shove, I may consider going the Sally May route as data science seems to be a good high paying career.
@@donnelly5757 damn, that much for just the 2 years? That's insane. I'm happy I live in The Netherlands in that case. It's probably hard to make your way into being a data scientist starting as a software engineer? A lot of software engineers have no background in mathematics and especiallly not in advanced statistics.
I'm working in corporate, no student loans with only a bachelors making 120k a year (I'm 28). I'm thinking of getting a graduate degree to possibly get more leadership roles in the future but I could be 20k in debt. Clearly I have the money to pay that off and my job may help as well. I would say get a good job first and see if a graduate degree will help. A lot of people in my field have a graduate degree.
very helpful. My mom is an educator and has been one for over 30 years. She is kind of pushing me to go into that field also, but I don't want to go into debt. It is really hard to figure out what to do with a BA in Psychology- I was leaning more towards a Masters of Social Work (for the purpose of helping others).
It's here! Yay! I'm currently thinking about whether or not I should just go into the industry and get a Master's degree instead of a PhD, since PhDs take 8 years to complete on average and the failure rate is high. I guess that I'm just being stubborn because I want to be an astrophysicist or mathematician, so maybe I should consider other routes.
Online Data Science programs recruit pretty aggessively. Unrelated, a number of my friends from grad school (math) intended to go into academia after completing their PhDs, and are now working in big data.
Just want to say a few things about profesor jobs in science. To teach at a community college level you need a masters but I personally have never met someone with a masters level teaching at a 4 year’s school, the minimum requirement is a PhD. Also, some programs such as physics and math, don’t offer a direct master in science. You can only apply to a PhD program and if you leave the program mid way, then you will receive a masters.
MBA is worth it when you go to a top tier school like Harvard, Yale, Princeton. It's mainly for the connections and networking. Other than that it really doesn't matter where you go. MBAs are also more beneficial if you couple it with a technical degree. Don't get a BS in Business and then an MBA. That's just a waste of money.
it's interesting to see how this is very different in countries like Switzerland, where getting a bachelors and masters degree in 5 years is the norm for students who do go to university. You probably wouldn't find a good job there without at least a masters degree, no matter what you study
Hey Shane! Can you do a video on areas to skip onto after bachelors in stem degree ( chemistry) except the traditional masters in stem It would be really helpful ❣
I see that you seem to gloss over law studies in your videos, which is weird because they are one of the most popular degrees with some of the most high paying average salary. Yet I would be interested in knowing a bit more and getting your thoughts regarding it. I started studying law, but had to quite pretty fast due to the insane amount of work that didn't go well with some health problems I have currently. So I am taking a year free to tie some loose ends in my life and seek medical proffesionals while considering if law is truly something for me or not.
As a European, videos like these baffle me. It saddens me that the value of a degree gets derived from the amount of debt you'll be in once you choose to go for the degree. Do the degrees become more valuable when the cost would be reduced from 50K a year to 1K a year? Wouldn't the amount of knowledge acquired and job opportunities remain the same? My point is this: Student debt is an American problem. In European Universities, all degrees have the same tuition fee which is around 1000USD. If you can't afford it, the government will help you out significantly. Let's remove the financial burden from the equation and let people study according to their interests and motivations.
@@ShaneHummus Yes, I agree with you. These are problems I wouldn't even know how to deal with. All I'm trying to say in my bad English is that American politicians should strive to make education affordable so student debt isn't even in the equation. :)
My bro is in ny. His gf did ms in public admin. Out of the class of 120, only 25 to 30 got a job in state or federal govt. His gf was unemployed had to switch careers into EMS.
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definitely
Hello if I like science do you think chemical engineering is a good major ? Or which one do you recommend
Do or say something on pharmacology please I beg for your wisdom
@@eliannymelo9651 I am wondering the same thing
It would be great if you included Timestamps or divided the video
You should start a podcast. I feel that me and everyone else would benefit from a long form of conversation.
I might actually make one
Yes you should definitely start a podcast! Be apart of my weekly rotation of podcasts Shane!
I second this
@@ShaneHummus Btw I think it would be better if you could also invite some guest with higher degree to talk about what they think about their education
S
T
E
M
Long ago these were the 4 majors that the Avatar had to MASTER when the world needed him most he vanished.
😮
That's not even close to how the quote goes
@@jayeffarelti1919 It's still funny
I was getting my Master's in Leadership (don't laugh at me). I started doing a bunch of research and thankfully you and a couple of other TH-camrs guided me to switch over to a MBA instead. All of the courses I've taken so far are transferrable. Overall, what I'm trying to say is THANK YOU 😭❤️
Welcome.. Good luck in everything
Good to heard, Best of luck
Wait there is a degree in leadership?
MBA is awesome! I'm happy for you!
I hope it’s working out for you.
I’m not even American and I think I know more about student debt then some actually American teenagers all thanks to Shane 🤣😅
haha Thanks for being a regular viewer
Same here
Thank to you I went from pre-med to nursing. This way I can ensure I have a job right out college with a bachelors degree and I’m planning to become a nurse practitioner. Which holds allot more of the values and goals I have more myself !
Sounds like a good plan! Best of luck!
I study art history, and I LOVE it. Also, I live in Norway, my education is free (because the govournment actually wants to invest in an educated population).
I’m thinking about doing that for my masters, do you know what kind of job you would be looking at?
@@bellalucci I really don't know. Personally I'm open to eventually being some form og teacher, or do art (either professionally or on the side). A job in a museum or gallery could also be a possibility. But I don't have a set plan. I just know that what I've learned here will have relevance no matter what I end up doing. I have learned so much philosophy and history through it. My life has ultimately become pretty enriched by it.
But what you get "trained for", really, is to talk/write about art in relation to its context. To be a bearer of visual history of ideas and culture.
I live in the United States but my husband is a 100% combat disabled veteran and I just finished my 3rd college degree through VA funding. I have an AS in Accounting, a BA in Transportation and Logistics Management, and a MA in Supply Chain Management. I am currently an EMS bum (EMT who takes random shifts at different stations) and college is a hobby rather than a pursuit of a career.
@@megangoldstein7743 Mostly agreed. If you go into the humanities, probably don't expect it to become a career. But it will FOR SURE help you think, express yourself and understanding in absolutely everything you do thereafter. Enrich your life, so to speak. An investment into personal life experience.
Don't let the APA catch you calling a Master's level professional in psychology a "psychologist." As someone who once studied psychology at the undergraduate level, it was beat into our heads that you had to have a Ph.D, a PsyD, or Ed.D in psychology to be an actual psychologist.
Thanks for your input
Nowadays I'm prettt sure you can become a school psychologist with a masters because of the lack of them, I'd have to double check on it tho.
But yes, psychologists hate the fact that a counselor can do the same exact therapy as someone with a doctorate.
@@Ghoul181 the animosity is true. My University for my bachelor's degree had an MA in Counseling (School and Mental Health concentrations) but no doctorate. The faculty for the undergrad never had great things to say about the counseling program and would never directly encourage students to apply for it.
@@ShaneHummus To elaborate (although I know this is a couple years old), last time I looked at the stats, 16% of psychologists have master's degrees and 84% doctorates. Take that as you will, but there are plenty of job opportunities at the master's level as well.
I’ll be done with my MBA in a few months and it was completely paid for by my GI Bill. I have no regrets so far. Even if it never gets me a high paying job outside the military the experience was well worth the time and energy invested.
To get to your masters agree it takes a lot time and money invested. So doing heavy research is highly suggested!
Agreed
You covered some really important points about choosing a master's degree. This is no joke since you'll be spending more precious time and not to mention more debts.
Thanks for leaving a feedback
P.H.D tier list, would be epic
Doctoral Degree Tier List (Doctorate Degrees Ranked!)
th-cam.com/video/7ZYZVtFT9lU/w-d-xo.html
PHD in gender studies
@@Lazymath007_ best PHD
@@kitn2507 ofcourse I will be able to master learning all 98 genders after I am done 😎😎
@@Lazymath007_ there are 200 genders one for every country.
Lol
Man your voice is so mesmerizing, you should start a podcast man, I could listen to you for hours
Haha I might start one in the future.
More on the fields of Computer Science, IT and Technology would be great with a ranking of degrees.
Noted
@@ShaneHummus I think it's important to mention that you need to check your institution's quality of programs and the research coming out of the school. If you are accepted to two programs at a good school but the school is known in industry for only one of those fields then it might be highly beneficial to take advantage of those connections. I think that a lot of people gloss over that small but important fact.
I love your videos so much. I’m not a fan of the kind of goofy over-the-top personality types that have taken over TH-cam, so I love seeing this style of delivery, dry humor, and keeping it simple with the facts. Keep it up and please don’t change!
Also, as someone who‘s finishing up a masters degree in mechanical engineering right now at Georgia Tech and often have wondered if it’s all going to be worth it, I was waiting to see if engineering might be mentioned... and there it was at the end :)
Thank you so much!!
Shane’s facial hair. I don’t know how to feel but I’m smashing the like button for sure
Haha thanks
"1 professor to 100 students"
So happy I was able to not have that reality in my higher education experience.
Good to know
You should do a tier list on the different types of physics degrees (geophysics, astrophysics, physics, etc.)
Noted. I might make one
Yaaa
@@ShaneHummus yes please
Yesss!
You should do one for chemistry also!
I achieved my MBA before I was 25 after my undergrads in Accounting. I was fortunate my boss was also a lecturer. I produced his notes as I was inputting the knowledge into my brain. I later went on to a new career in Risk Management so another degree & Masters in Science. My work paid for my degrees & masters. I am pleased that I worked full time & studied at night. I was in my 20's when I ended my studies & 10 years later when I returned to my studies in Risk Management.
Thanks for sharing that Matthew
You're so lucky!
@@Kanal7Indonesia I was in my 20's when I started & was full of energy. At 51 I could never do it again. I found my forte in Risk Management but my background is Accounting. During GFC I had full employment as I just switched roles.
@@matthewbrown6163 I wish I was you and can work as hard and smart as you. 🙏
I’m weirdly following this although I’m doing my masters in IS I’m working as a financial risk management which my director wants me to have a formal qualification on I don’t want to go start from undergrad though
Shane, your "Professor" salary might be correct for those who can still find an Assistant Professor position. The reality is that post-secondary has turned into an underpaid intellectual slave-labor market of Adjuncts, making anywhere between $1500 - 5000 per course. The $5k mark is depending on whether the institution they teach for is union represented. This might be a video worth in its own right.
Thanks for your input
Dude! Your videos are addicting and filled with so much career driven information! Much appreciated it!
Glad you like them!
Lifehack: go to university in Europe...I mean there's an American guy in my class and he seems to enjoy being debt free
or canada
That’s actually not a bad idea 🤔
@@CountOfMonteCristo_ Right? There's so much to win from going to study abroad :)
Nearly half of my class are international students. They all pay €45,000 per annum for tuition. Sometimes it’s not much better than the US.
@@danieldeburgh8437 Damn that sucks! Where do you study? :)
A degree isn’t just about money especially if you go into academia. Art majors and many masters degrees are for prestige. Some of you can’t wrap your head around that concept because you’re too busy tying to become influencers.
We need to abolish the whole “get a job” mentality and the worth of these degrees. A better thing to do is “what can you plan long term and how to use these degrees” rather then just get a job.
For example, did I get this engineering degree so I can build an add on mechanism for what company A invented? That way I can sell it to them at a price? This example may sound absurd, but my point is the mentality of college grads need to change.
I think it's cause people lack critical thinking skills and they need something to blame. Universities never say you'll definitely get a job from having a degree. My university never said this. They just show the statistics of who gets a job after the degree. I never believed I would get a job straight out from getting my degree. I knew I needed to be competitive as well. A person needs to do everything they can to be competitive even with a degree.
Really like, who gets a master degree in natural medicine instead of one in REAL medical areas? It’s like getting a master in UFO’s 🤦♂️🤦♂️🤦♂️🤦♂️
🤦♂️🤦♂️🤦♂️
The same people that homeopath so hard that they end up reinventing vaccines
1:43 “hundred and hundreds of thousands of dollars”
Me: *Afraid get into 40K in debt*
One word, scholarships. I went through my undergrad with 0 debt, it is just a matter of planning and applying to tons of scholarships. I did take on some debt for my doctorate but I was being paid for my research and lab time so it wasn't bad.
The comment about there being a lot of MBAs out there is a really important point. Be careful when choosing a school. Use that US News World Report ranking. Getting an MBA from a top program will make you very marketable.
I started my MS in Statistics and Data Science last week, after getting a bachelors that offered pretty much no jobs. It is hard as hell as far but at least I'll have a job :)
Sounds good Josiah! Best of luck!
You could have apply for a Master in Financial Engineering.
Did you do your bachelor in Stat/Math ? If yes definetely learn a little of programming and you could land job with this Bachelor alone.
Uh oh...all I have to say to you is network and get an internship.
A tier list video on MBA specializations would be clutch 💭💯💯
Noted! I might make one in the future
Great idea 🎉
I agree. A MBA is one of the most popular graduate degrees. It would be a interesting video.
@@ShaneHummus The pitfall of the MBA is that people who are Fortune 500 executive material think an MBA will make them into one. Sorry.
Maybe this is just me wanting to feel better about my career path but plenty of Masters of Education programs don't only lead to teaching positions.
Hey, Social Work Major, here; thanks for giving me a shout-out. I think we should be paid more, too. I'm gonna need to work for the state or federal government for this to be worth it.
Shane is saving lives out here!
He sure is! I'll wager he is literally saving lives as in potentially reducing suicides. Debt is known to be correlated with suicide and so is unemployment. Combine the two, and you have a deadly combination. I would not be surprised that if enough people see Shane's videos prior to choosing a major, there will be a reduction in the suicide rate.
Wow thanks
I love how you reply to everyone’s comments
Except yours
ayo Shane, you should also do a tier list on types of biology degrees!
Noted.. Which ones specifically do you want me to cover?
It would be great if you covered biotechnology! (I know it is not in with other biology degrees but that is what I am doing right now here in sweden)
Not in line***
Also include biomedical sciences, bioethics, and medical science MS programs
Nurses make over a 100k in the US? In Germany its one of the lowest paying jobs 😶
But you also don’t have to go to university in Germany to become a nurse. It’s still a very hard and underpaid job !
I know nurses getting 8k a week with COVID...
Nurse practitioners in the US are nurses with 3 or 4 more years of education. Its not the same as nursing
A regular nurse makes about 60k
In India it's underpaid but surgery nurses make good money
Loving all your videos Shane. One of the most underrated channels on youtube.
Thanks
Really surprised by the stats for nurses and psychologists.
I'm from Germany and the two are basically reversed. Here you don't even study at uni to become a nurse (apprenticeship instead of uni degree) and nurses aren't paid well at all. With a psychology Masters degree you at least get paid decently and getting a job is not a problem most of the time.
Not in the US, not american. But... Go to school to get a degree or a master in:
1. Engineering
2. Engineering
3. Engineering
4. Medicine
5. IT and related. Though, you can learn a lot by yourself & get certified.
the only useful comment
U Asian bro ??
Social workers are important too, so your comment only applies to people who want to make a lot of money. We need social workers and teachers. It's America's fault they don't value these positions as much as Finland.
My master of mechanical engineering was +20%, where I got 25k/year fellowship + free tuition and got a 85k/year job right out of college
Wow.. Thanks for sharing that
BA in psychology; Masters in social work with a newly obtained clinical social worker license....the only thing that really helps increase earning potential, is my license which helps me make mid 60s. With my clinicial I can get over 70k. Private practice can pay even higher. I made my education decisions young but I’ve found ways to make the best out of my younger decisions.
Another tip is if you work in government or non profit for 10 years then your loans will be forgiven.
Bro, please make a vid breaking down the different types of MBA programs and what kind of universities to go to to earn an MBA. Im so confused on choosing a University to attend. With a lot of Universities moving their MBA programs online I just don't know what University to choose.
Noted bro. I know it's really broad so I might make an entire video about it
It is simple. Aim to get into a top 20 full-time program. If you cannot get in, get your MBA as quickly and as cheaply as you can. No one cares below the top 20 other than you have the degree. You will learn a lot, but the MBA not a ticket. It is more a AAA road map to guide your career and take advantage of things along the way.
MBA, the big thing is how well you network. The enrollment rates of MBA students were down significantly before the pandemic but now it's higher than ever. How will you separate yourself from the numerous soon-to-be graduates?
He is right, asking what is it paired with is a good question. But also, what is the emphasis of the MBA? Is it finance or global studies? What is your work experience? Did you work during your MBA? These are important questions to also ask. Be careful
Thank you for covering social work! 3.5... damn
Welcome Michelle
I enjoy your videos a lot, one thing that I think can be improved is putting names instead of images in the tires, it will be easier to follow and get an overview at the end.
Noted.. I might consider thatnext time
In Belgium and even some European it's almost impossible to get a job in stem field without master as these are all academic levels degrees. On the plus side I pay almost nothing.
Thanks for sharing that info
I can tell you that I plan on becoming a professor once I have retired from my career as an engineer/entrepreneur!
Good luck!
Getting a masters in teaching is really only worth it if you can work as a teacher while getting the degree. In my state having a masters ups the pay by 4k more then someone with a bachelors, and bachelors gets paid 40k, so if you take 2 years off to get the masters then you lose out on 80k of income which isn't worth the time off.
Thanks for sharing your insights
I am going to just say that being someone who got their Masters in Chemistry for free essentially there are a lot of ways to get the masters for free in STEM if you go into a PhD program. Clearly people need to know what they are doing though if you go down this road.
Bro that teachers teaching teachers part almost had me hypnotized lol, ive never felt anything like that in my life 😅
😅
Think you may be underestimating TEM degrees... MSc or MEng grads in these fields clean up with salaries always above 100k. I would even include the chemists in this from the S fields in STEM. Many folks also go straight to PhD now in S fields, which doesn't take 7 years anywhere other than in the USA. In my opinion TEM should be in your S category with S in STEM falling in A.
Thanks for sharing your thoughts on this Andrew
@@ShaneHummus glad to contribute. Thanks for the positive reception to my comment. To add context, I'm speaking as a current MSc student (maybe PhD student within a year) in a molecular biology field (developmental biology) in Canada. If you're in this molecular biology realm (i.e. medical research vs. something like evolution or ecology which are not well funded) you can make lots of money as a professor, scientist or even taking your skills out of academia and into industry (say at a hospital, biotech company or pharmaceutical company). Or, grad degrees in all science disciplines are also attractive to big consulting firms like McKinsey or Bain - essentially companies that lend expertise in any field, paying often well north of 100k. Cheers
Great video man, you're nearly 100k subs, so keep going.
So close! Thanks
@@ShaneHummus we dont want you to grow too much 😭😭. People will start choosing useful degrees and people like us will start having too much competition in our fields 😭😭😭
@@Lazymath007_ Don't worry, common sense isn't that common so people will still keep choosing useless degrees lol
I agree, stem is definitely the worst stem degree. But don't you think that stem could also be one of the best stem degrees? Correct me if I'm wrong
Hmmm it could be
Shane Hummus - The Success GPS 😂
It's not the worst degree.
Okay, buddy. Here we go we are going to have an MBA here and I'm excited.
Maybe... Stay tuned for that
@@ShaneHummus You stop it was in there but yes it probably does need a whole video. lol
I expected to at least hear Mr. Shane school us on Master's in Public Administration and is that major a good choice for careers, he did not. But still, thumbs up, he is not lying concerning certain master degrees and exaggerated about a Neuro's salary.
You should make a video on how you think covid has affected colleges and if going to a college campus is worth it now over online school
Good idea!
I agree. It's definitely an interesting topic. As a college student right now, I can confirm that online classes are a pain in the rear, but doable. IMO going to campus depends on the person. If you are a more hands on learner or someone planning to major in something that would be hard to simulate online, then I'd say college campus has it's benefits. If you know you can work just as well online compared to online and know a very reputable school, then online may be a good option as it could definitely cut down college expenses.
Hi Shane. My criticism is that this video should be more granular. For example, is an MBA universally worth it or only for some majors? An engineering undergrad, for instance, would do well to pick up an MBA because most engineering firms don't need someone with more tech knowledge but they do need someone with adequate tech knowledge and then management know-how for the upper echelon of the company. You could give yourself an endless supply of useful material on your video page with this topic because the issue is really not whether a masters is worth it in any given category but rather what combinations of undergrad, grad, AND i would add, work experience work best. Many people get experience after bachelors and then have enough information to determine whether grad school would be worth it and in many cases the employer will pay tuition, even better. Finally, many of the categories you listed encompass dozens of majors. In medicine, you can get a masters in nursing, which as I understand it from my PA brother-in-law, is substantially different than the PA degree. You can also get a post-nursing masters that relates to research. I don't even understand the details but if you want new materials this is a topic that would not only keep you occupied for weeks but also fill a knowledge gap that I don't see addressed anywhere else in career advice forums.
Thanks for the feedback Mark
@@ShaneHummus np hope it helps. I would recommend starting over with a video series on masters degree categories. take each one in turn, explore in depth, and label each video according to more specific categories or even individual majors. maybe individual would be too granular, i don't know. regardless, then a person could pick the category of interest to him/her.
me watching this as an australian who is paying 7k a year to do my maths degree (all degrees cost the same) and it goes on interest free loans government gives u...
mine costs 7k a year here in canada as well! i can’t believe some Americans have to pay 60k a year or more for school!!
@@tard6759 7k a year is just purely for school! i commute so i don’t have to pay for rent luckily. I think Germany has higher taxes to make school so cheap though
@@tard6759 Yeah for the university but we don't pay upfront. The government pays for it then you pay it back with tax, interest free, once you start earning above a certain amount of money.
MS Psychology- Just so you know, you cannot practice therapy with a master's in psychology.
You can practice therapy with a master's in counseling, family counseling, etc. Obviously, people need to understand whether or not their degrees will lead to licensure. The best paying therapists without a Ph.D. are actually LCSW or licensed clinical social workers. They can act as therapists or social workers. LCSW does not pay well but real, licensed therapists are in HIGH demand.
Someone would gets a master's in psychology would be to help them get into a Ph.D. program. There are many kinds of psych Phds and only counseling or clinical would lead you to become a therapist although you will also do scientific research in your program. Almost all the other psych Ph.D. programs are research degrees. Also, don't pay for a Ph.D. Get funded.
I moved on from OT since Congress recently decided that therapy fields to be not as needed as other medical professions cutting jobs and making most full time jobs only part-time to prn. I was interested in the MSW program and not all social workers are paid such low salaries, BLS doesn't account for the different specialities. Maybe only for those who earn a LMSW or even a LCSW. Also, on r/slp and r/occupational therapy, users have stressed that BLS gets it wrong about the yearly salary. That's not for recent grads, but rather seasoned (senior) therapists so they have higher debts. Also, my mum is a nurse and works with nurse practitioners who say they cannot find work that's in the largest medical center (TMC). I guess these things are like a gamble really.
Thanks for sharing that
Great video. Thumbs up!
Thank you! Cheers!
You should do a video biased on careers in the cannabis industry. There are many jobs oppurtunoties now on this industry and i think it would be fun to look into it
Thanks for your suggestion Hannah
It's pretty interesting that psychology is seen as such a poor degree in the US.
In Denmark, college is free, but the amount of people admitted to each degree is limited by the needs of society.
Due to supply and demand, this has led psychology to become the hardest degree to qualify for academically, and is therefore seen as a degree for the elite.
The contrast between this and the situation in the US is staggering.
Thanks for sharing that Marcus
I got a data analytics degree for 10.5k from Western Governor's University and got a job in the field with about a 15k pay raise (when considering the amazing retirement benefits--5k in salary) and I'm in a lower-paid field (community college). If I were to do it again, I'd seriously consider Colorado State-Global or Georgia Tech, which are both inexpensive public online colleges with CS concentrations.
It got me out of the biology bachelor's trap :)
Thankfully although my income is pretty low doing biology, my debt is also decently low as well so it's not too bad. Honestly I'm much happier doing something I love for a medium level income while also not being in crazy debt.
Honest question, are you colorblind? At 5:55 you show a dti of 1.5 in green but at 8:25 you show a dti of 1.3 in red.
Do the different colors mean anything? Is red worse than green?
If so, aren't lower dti's better than higher dti'S
Interesting. I do think that you’re undershooting the college professor route. I’m a chef with a doctorate at AP rank and with that niche my salary is more than your data scientist rating. This good though, raises awareness for the current generation. As for DTI, all of my education was paid for by my university employers with a 2 year working agreement post graduation. Basically zero debt if you do enough DD to find a school that will support/invest in you.
Thanks for sharing your thoughts
6hanks. I do wish someone broke this down for my generation back in the day. Would have been helpful for a lot of people.
You can definitely get below a 1 debt to income ratio when getting a STEM master's degree. For instance, I got some internships for software development, and that was more than the total cost over 2 years. Definitely, go to a cheaper school. Don't go to a school that charges you $50k/year. It's not worth it.
Thanks for your input. Agreed!
Teachers are the best because without them, I am nothing.💞💞💞
I agree.. And I can only hope that they are compensated more
@@ShaneHummus 👍👍
Many data science degrees aren't rigorous enough to be highly valued, I'd recommend checking and comparing the courses
Noted
I was looking at a program that could be completed in as little as 10 months, but I'm skeptical because they do not cover any math. I almost think one is better off pursuing a CS degree or statistics degree. From what I hear, very few people start off as a data scientist. Most people start off as data analyst or software engineer and work there way into a data science role. If I do end up needing to pursue another degree, I'd go the CS route.
@@donnelly5757 skip any data science course that does not cover advanced statistics and basic calculus.
@@MisterTLion5921 I was accepted into the University of Denver's master's in data science program as well and it covers advanced statistics, advanced calculus, linear algebra and had a strong programming component. The only problem is it would set me back 70k in student loan debt and even federal loans would not cover the whole cost. Push comes to shove, I may consider going the Sally May route as data science seems to be a good high paying career.
@@donnelly5757 damn, that much for just the 2 years? That's insane. I'm happy I live in The Netherlands in that case. It's probably hard to make your way into being a data scientist starting as a software engineer? A lot of software engineers have no background in mathematics and especiallly not in advanced statistics.
I'm working in corporate, no student loans with only a bachelors making 120k a year (I'm 28). I'm thinking of getting a graduate degree to possibly get more leadership roles in the future but I could be 20k in debt. Clearly I have the money to pay that off and my job may help as well. I would say get a good job first and see if a graduate degree will help. A lot of people in my field have a graduate degree.
This is right on time. I really love your channel.
Thank you🤍
Welcome!
I regularly view your videos. Even though you take data in USA but they are helpful for everyone.
Wow.. Thanks Jayanth
Nice video Shane!. Not going for a Masters but love the video anyway 😁
Thanks
Nice video man that covers a lot of areas. That explains a lot !
Glad you think so!
Great job mate.
Also try to make another vid covering physics degrees
Thanks, might do that in the future
very helpful. My mom is an educator and has been one for over 30 years. She is kind of pushing me to go into that field also, but I don't want to go into debt. It is really hard to figure out what to do with a BA in Psychology- I was leaning more towards a Masters of Social Work (for the purpose of helping others).
My suggestion is get a MBA instead of MSW.
It's here! Yay!
I'm currently thinking about whether or not I should just go into the industry and get a Master's degree instead of a PhD, since PhDs take 8 years to complete on average and the failure rate is high. I guess that I'm just being stubborn because I want to be an astrophysicist or mathematician, so maybe I should consider other routes.
Hey Jessica! yup it's finally here 😁
Again, love that OT is decently ranked
Thanks Karlee
Aw shucks, was looking forward to PT.
Thanks for watching
Online Data Science programs recruit pretty aggessively. Unrelated, a number of my friends from grad school (math) intended to go into academia after completing their PhDs, and are now working in big data.
yesss!!!! make a video dedicated to mba programs pleaseeee it would be very helpful even through i’m a high schooler.
Noted! That needs an entire video
Just want to say a few things about profesor jobs in science. To teach at a community college level you need a masters but I personally have never met someone with a masters level teaching at a 4 year’s school, the minimum requirement is a PhD. Also, some programs such as physics and math, don’t offer a direct master in science. You can only apply to a PhD program and if you leave the program mid way, then you will receive a masters.
Perfect timing! I’ve been thinking about getting my masters Can you make a video about the MBA?
Yes! I did mention I might make an entire video for that. Stay tuned for it
@@ShaneHummus bro I can't wait for a MBA video!
Another great video! How about a tier list of Post-Bacc programs? I am interested to see what you have to say about those.
Great idea! I might consider that
I’m glad you made this video . I feel better with getting my mba now . Plus you’re right management positions do make more money obviously 💰
Right!
so helpful , thank you
Glad it was helpful!
Can you do a part 2 with including Master in Public Administration with Healthcare concentration ?
Noted Jimmy
Also can you include a part 2 with masters in economics
MBA is worth it when you go to a top tier school like Harvard, Yale, Princeton. It's mainly for the connections and networking. Other than that it really doesn't matter where you go. MBAs are also more beneficial if you couple it with a technical degree. Don't get a BS in Business and then an MBA. That's just a waste of money.
I need you to look into master of social work salary again. my mom is in a rural city and makes 98k as a social worker.
would like to know more information, if you will. I have been thinking about going into that field. There is a need in my area.
@@cianajames55 yes she’s a lead school social worker for her county and got her masters from uga nearly 25 years ago.
Depends on your demographic and how long she has been there. That’s why I need to figure out what to do with my masters degree.
it's interesting to see how this is very different in countries like Switzerland, where getting a bachelors and masters degree in 5 years is the norm for students who do go to university. You probably wouldn't find a good job there without at least a masters degree, no matter what you study
Thanks for watching
Yea, that's one of the cons of free education...
Would love to hear your thoughts on epidemiology! Currently doing a M.Sc in epi!
I might cover that in the future
@@ShaneHummus yess
So am I lol, well Public health MSc
I'm doing an MPH in epidemiology! 😁
I gently smashed the like button
haha thanks
Where would an MS in Finance or Economics fit here?
I was waiting for it the whole time
Basically, peruse a degree that can actually be valuable in work. Don’t do what you like, like what you do.
Hey Shane! Can you do a video on areas to skip onto after bachelors in stem degree ( chemistry) except the traditional masters in stem
It would be really helpful ❣
Great suggestion! Noted Ananya
I see that you seem to gloss over law studies in your videos, which is weird because they are one of the most popular degrees with some of the most high paying average salary. Yet I would be interested in knowing a bit more and getting your thoughts regarding it. I started studying law, but had to quite pretty fast due to the insane amount of work that didn't go well with some health problems I have currently. So I am taking a year free to tie some loose ends in my life and seek medical proffesionals while considering if law is truly something for me or not.
Is being a lawyer overrated...?
th-cam.com/video/pqLk223Ipbo/w-d-xo.html
A video on MBA would be amazing :)
Noted!
As a European, videos like these baffle me. It saddens me that the value of a degree gets derived from the amount of debt you'll be in once you choose to go for the degree. Do the degrees become more valuable when the cost would be reduced from 50K a year to 1K a year? Wouldn't the amount of knowledge acquired and job opportunities remain the same?
My point is this: Student debt is an American problem. In European Universities, all degrees have the same tuition fee which is around 1000USD. If you can't afford it, the government will help you out significantly. Let's remove the financial burden from the equation and let people study according to their interests and motivations.
Maxim that's easy for you to say since you will not be the one to suffer the debts that will haunt you forever. Yes it's an American problem
@@ShaneHummus Yes, I agree with you. These are problems I wouldn't even know how to deal with. All I'm trying to say in my bad English is that American politicians should strive to make education affordable so student debt isn't even in the equation. :)
How about Masters in Public Administration and then working for the federal/state government? Reliable stable salary, great benefits and retirement.
My bro is in ny. His gf did ms in public admin. Out of the class of 120, only 25 to 30 got a job in state or federal govt. His gf was unemployed had to switch careers into EMS.
Thanks for sharing that TOWER TOP
My roommate is a psychologist, and he has a master's degree. I make more money than he does, and I deliver pizzas and burgers and burritos.
I think i'll stick with my comp sci. major now lmao
@@Hermanify to be fair, delivering food pays more than you'd probably think.