Top 10 highest and lowest paying college majors

If you’re heading to college and you’re not quite sure what you would like to major in – and IF making money is of interest to you – a recent study at Georgetown University may be of interest to you.

The team interviewed hundreds of full-time employees holding various bachelor ‘s degrees and calculated each area of study’s median reported earnings.

The range of earnings is staggering. The highest-paid area of study—petroleum engineering—makes $91,000 (134%) more than the lowest-paid area, counseling psychology.

Top 10 highest-paid college majors

1. Petroleum Engineering: $120,000

2. Pharmacy Pharmaceutical Sciences and Administration: $105,000

3. Mathematics and Computer Science: $98,000

4. Aerospace Engineering: $87,000

5. Chemical Engineering: $86,000

6. Electrical Engineering: $85,000

7. Naval Architecture and Marine Engineering: $82,000

8. Mechanical Engineering: $80,000

9. Metallurgical Engineering: $80,000

10. Mining and Mineral Engineering: $80,000

Top 10 lowest-paid college majors

1. Counseling Psychology: $29,000

2. Early Childhood Education: $36,000

3. Theology and Religious Vocations: $38,000

4. Human Services and Community Organization: $38,000

5. Social Work: $39,000

6. Drama and Theater Arts: $40,000

7. Studio Arts: $40,000

8. Communication Disorders Sciences and Service: $40,000

9. Visual and Performing Arts: $40,000

10. Health and Medical Preparatory Programs: $40,000

(via USA Today)

President Obama to sign bill lowering interest rates on student loans

On July 1st, interest rates on student loans doubled to 6.8 percent from 3.4 percent after Congress failed to meet the deadline to prevent the rate increase.

Now, after urging Congress to address the issue, President Obama is set to sign a bill into law that will lower interest rates for college students.

Via The Raw Story:

The House of Representatives on Wednesday passed a bill that would reverse a recent hike in federal student loan interest rates, lowering them to 3.86 percent for undergraduates in the new school year.

The House voted 392-31 in favor of the bill that will switch interest rates to a market-based system.

The bill pegs interest rates on student loans to the 10-year Treasury note plus 2.05 percentage points for undergraduates, and plus 3.6 percentage points for graduate loans.

Fraternity helps raise funds for brother’s transgender surgery

Being a Sigma Chi brother from the long gone Psi Psi chapter at Syracuse University, I’m pretty aware of the upside of being a fraternity brother.  There’s a kind of “instant” family when you become a brother, and often those ties extend way into adult life.

When I was at Syracuse, I was just beginning to travel down the road of my life as a gay man.  So, I wasn’t a “gay frat brother” during my time there.  It wasn’t a part of that journey, although I had some great times and certainly felt that sense of “brotherhood” that gets talked about so often in Greek life.

Today, however, I read this very cool story about transgendered sophomore Donnie Collins at Emerson College and his brothers at Phi Alpha Tau.  Collins realized he was transgendered when he was 17, and has since been struggling to handle the finances of his transition from female to male.

From Out.com:

Collins’s brothers in Phi Alpha Tau have rallied together to cover some of the surgery’s cost. Find their indiegogo fund here: Brothers of A Boston Fraternity – FTM: Top Surgery. The brothers’ fund has already surpassed the $2,000 they initially hoped to donate, but now they’re looking to cover even more of the procedure’s $8,100 cost.

Collins has been completely overwhelmed by the wave of support, admitting to have cried out of gratitude when he heard what his brothers were doing. But the thought that this is a fraternity raising money for him never even crossed his mind.

“I was just like, ‘Oh that’s such a Tau thing to do,’ and I didn’t even think it was that weird,” he says. “But then I started sending [the indiegogo link] out to people, and they were like, ‘Oh my god, that’s amazing! See, Greek Life isn’t bad; it’s amazing.’”

The brothers’ site says that they hope less to raise money with their efforts and more to spread acceptance, brotherhood, and love. “We are here… to tell a story. The story of transformation, the story of self-discovery, and the story of brotherhood.”

It seems that Donnie Collins and his brothers’ story is certainly one worth telling. Please consider donating to their cause.