Journalism / Is It the Worst College Investment ?

If the constant downsizing in the news-media industry hasn’t already convinced you to pick something else to do with your life, a new study shows the worst “return on investment” for a four-year degree is a job in journalism. It takes journalists nearly 32 years to pay off their college loans.

With a median salary of only $37,090 and college costs of $52,596, it would take today’s newly-degreed journalist 31.84 years to pay off a student loan at 5% interest, according to Bankrate.com.

Add the insecurity and shame associated with the reporting life, and you’ve got a recipe for a life of intolerable misery and want. But it doesn’t have to be that way. Journalism is dead, anyway—news is created by blogs and NSA leakers and press releases. Why not do something exciting and get rich in the process?

Chosen excerpts by Job Market Monitor

via Journalism Is the Worst 4-Year College Investment—Be a Sailor Instead!.