Undergrad Business Majors Don't Get the Career Payback Math Majors Do

Photograph by Butch Dill/AP Photo
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If you made a $200,000 bet on the markets, you’d likely keep tabs on how well it performed. Since that’s how much a private college education can set you back, the Federal Reserve Bank of New York decided to evaluate the payback for a college degree.

In a report released on Tuesday, the New York Fed made a case for college as a solid investment, noting that graduates have been getting about a 15 percent return on their bachelor’s degrees for more than a decade.