The Most (and Least) Valuable College Majors, Ranked

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iStock

While choosing a college degree shouldn’t be entirely a matter of following the money, most students do want to know that their chosen field of study will eventually lead to a paying job. But the most valuable college major probably isn’t the one you’d think. A new study finds that actuarial science majors make the most money after graduation, according to Forbes.

To determine the most valuable college majors, Bankrate analyzed 2016 data from the U.S. Census Bureau American Community Survey to see how many people with bachelor’s degrees were employed in a job related to their major. The survey looked at data related to 162 college majors, analyzing unemployment rates, incomes, and the number of people with higher degrees. These factors were weighted to show which jobs pay the most, have the lowest unemployment rates, and require the least schooling.

The data showed that people with actuarial science degrees—who go to on to become risk assessors in the insurance and finance industries, among other jobs—make an average of $108,658 a year, with an unemployment rate of just 2.3 percent. Compare that to people with a degree in something like clinical psychology (No. 160 on the list) who make an average of $51,022 and have to contend with a 4.8 percent unemployment rate. The study also found that actuarial science is a valuable degree because most graduates don’t go on to get advanced degrees, meaning those high wages aren’t going toward paying off grad school debt. Only 22 percent of those actuarial science students went on to get master’s degrees or doctorates.

Below are the 10 most valuable degrees and their average annual incomes. These jobs pay, on average, between $96,000 and $130,000 a year.

1. Actuarial science
2. Zoology
3. Nuclear engineering
4. Health and medical preparatory programs
5. Applied mathematics
6. Pharmacy, pharmaceutical sciences, and administration
7. Molecular biology
8. Mechanical engineering
9. Civil engineering (tie)
9. Finance (tie)

And these are the least valuable, making between $40,000 and $51,000 a year, on average:

1. Miscellaneous fine arts
2. Composition and speech
3. Clinical psychology
4. Cosmetology services and culinary arts
5. Visual and performing arts
6. Human services and community organization
7. Educational psychology
8. Drama and theater arts
9. Interdisciplinary and multi-disciplinary studies (general)
10. Library science

If you don’t have an interest in math and engineering, don’t be too dismayed. Plenty of those with liberal arts degrees still manage to make a living after graduation. Even if your drama degree doesn’t lead to a job in Hollywood, it isn’t necessarily a waste. But if you’re debating between mechanical engineering and civil engineering, we recommend going mechanical.

You can view the entire study here.

[h/t Forbes]

Looking to Downsize? You Can Buy a 5-Room DIY Cabin on Amazon for Less Than $33,000

Five rooms of one's own.
Five rooms of one's own.
Allwood/Amazon

If you’ve already mastered DIY houses for birds and dogs, maybe it’s time you built one for yourself.

As Simplemost reports, there are a number of house kits that you can order on Amazon, and the Allwood Avalon Cabin Kit is one of the quaintest—and, at $32,990, most affordable—options. The 540-square-foot structure has enough space for a kitchen, a bathroom, a bedroom, and a sitting room—and there’s an additional 218-square-foot loft with the potential to be the coziest reading nook of all time.

You can opt for three larger rooms if you're willing to skip the kitchen and bathroom.Allwood/Amazon

The construction process might not be a great idea for someone who’s never picked up a hammer, but you don’t need an architectural degree to tackle it. Step-by-step instructions and all materials are included, so it’s a little like a high-level IKEA project. According to the Amazon listing, it takes two adults about a week to complete. Since the Nordic wood walls are reinforced with steel rods, the house can withstand winds up to 120 mph, and you can pay an extra $1000 to upgrade from double-glass windows and doors to triple-glass for added fortification.

Sadly, the cool ceiling lamp is not included.Allwood/Amazon

Though everything you need for the shell of the house comes in the kit, you will need to purchase whatever goes inside it: toilet, shower, sink, stove, insulation, and all other furnishings. You can also customize the blueprint to fit your own plans for the space; maybe, for example, you’re going to use the house as a small event venue, and you’d rather have two or three large, airy rooms and no kitchen or bedroom.

Intrigued? Find out more here.

[h/t Simplemost]

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The U.S. Postal Service Is Struggling—Buying Stamps Can Help

Inclement weather doesn't stop them, but a lack of funding could.
Inclement weather doesn't stop them, but a lack of funding could.
Pope Moysuh, Unsplash

Throughout the coronavirus pandemic, businesses have drastically reduced the number of advertisements and other marketing materials they’re sending to consumers—and since a considerable chunk of the U.S. Postal Service’s (USPS) revenue comes from those large mailings, the ongoing crisis has put the organization in a tough spot.

The importance of keeping the USPS afloat goes beyond simply wanting to preserve something that’s been around since the dawn of U.S. history. As Lifehacker explains, the institution delivers mail to every single household in the nation—be it by truck, boat, or even mule—which makes it a critical method of circulating necessary documents like paychecks and voting ballots. Without the USPS, it would be difficult to reach rural residents who might not have consistent phone or internet service.

So, how can we help? The USPS doesn’t get any taxpayer funds, relying instead on the sale of stamps and various shipping supplies. In other words, the best way to put money into the pockets of our postal guardians is to stock up on stamps.

There are dozens of different designs listed on USPS’s online store, which makes this charitable endeavor an especially fun one. You can, for example, decorate your envelope with Sally Ride, Scooby-Doo, or celebrated broadcast journalist Gwen Ifill. There are plenty of fruits and flowers to choose from, too, and even a lovely illustration of Walt Whitman, complete with a very thick mustache and a very piercing gaze. And we’d be remiss not to mention the existence of this mail carrier dog costume, which only costs $18.

An American hero.USPS.com

If you’d like to go the extra mile, you can also sign a petition to save the USPS by texting “USPS” to the number 50409. A chat program called Resistbot will walk you through the steps to add your name, and it’ll even send an automated message to your senators, letting them know you’ve signed the petition and support the continued operation of the USPS. You will have to enter your name, email address, and residential address, but the whole process takes about two minutes.

[h/t Lifehacker]