The completion of a university degree signifies the start of a lifetime as a professional. With the high cost of tuition in most countries worldwide, students – and more often than not, their parents – wager the high cost of study will even out after they graduate.
That may not be the case.
In a recent study undertaken by Georgetown University’s Center on Education and the Workforce in the US, it was found that graduates with a bachelor’s degree in the arts, humanities andarchitecturewere significantly less likely to find employment.
Strongly reflecting the construction and design sector’s unstable clime, architecture graduates will face the most challenges in finding employment, with 13.9 per cent struggling to find work straight out of college.
The areas of study that saw the lowest rate of post-graduation unemployment were health, education and agriculture and natural resources, with those with business and engineering degrees also able to find employment easier than their architect counterparts.
It seems the luxury of choosing a job that is also a personal passion is simply that: a luxury. According to one of the study’s authors, Anthony P. Carnevale, for young grads, chasing the dollar is becoming more important than chasing a dream.