Published: Friday, September 02, 2016 @ 3:55 PM
Updated: Friday, September 02, 2016 @ 3:55 PM
By: Zach Dennis
Going to school is important, but for those aiming to hit the job markets and snag one of these gigs, don’t expect a yacht and big house anytime soon.
Finiancial news website 24/7 Wall St. compiled a list of the 14 lowest-paying jobs that require a college degree.
According to the site, the median annual salaries of the 14 jobs on the list were all less than $50,000 with the typical worker earning more than the national median wage of $36,200 a year in all but four of the jobs. The site reviewed the median annual wage for jobs the Bureau of Labor Statistics said typically requires a bachelor's degree to determine the ranking. The annual median pay data comes from 2015 data of 449 jobs tracked by the BLS.
24/7 Wall St. reports most religious workers have part-time work and other sources of income to supplement the average of $28,750 that they make, while educators are the sixth most common occupation of the 100 that were reviewed for the study.
The lowest-paying job, legislators, has a median salary of $20,500 a year, but does have the perk of possibly having their student debt forgiven after 10 years of public service.
The site added that by 2024, “employment across all occupations is projected to grow by 6.5 percent” with “five of the 14 jobs expected to grow faster than average.”
It was reported recently that the U.S. hiring is slowing to 151,000 jobs in August with stocks rising during this period of time. At the same time, Wal-Mart is set to eliminate about 7,000 office jobs at their stores around the country.
The list of the 14 lowest paying jobs for college graduates, according to 24/7 Wall St., is below:
14. Farm and home management advisors
13. Meeting, convention, and event planners
12. Audio-visual and multimedia collections specialists
10. Agricultural inspectors
9. Statistical assistants 8. Social science research assistants
7. Biological technicians
6. Education, training, and library workers
5. Directors of religious activities and education 4. Proofreaders and copy markers
3. Teachers and instructors
2. Religious workers