The WORST Health Degrees!
TLDRThe video script discusses the stability and value of health-related degrees, contrasting them with less practical fields like liberal arts. However, it warns against certain health degrees that may lead to significant student loan debt without substantial job prospects. Degrees such as chiropractic, naturopathic medicine, and acupuncture are highlighted for their high debt-to-income ratios and limited job availability. The speaker advises viewers to be cautious of degrees that require further education for practical application, like speech language pathology and dietetics. The video also criticizes overly general health degrees and psychology-related fields, including mental health counseling, due to their saturated job markets and the necessity for higher-level qualifications. The content emphasizes the importance of research and considering financial implications when choosing a degree.
Takeaways
- 💼 Chiropractic degrees require a doctoral level education but often come with high student loan debt and relatively low annual salaries, leading to a difficult repayment situation.
- 🧘♂️ Naturopathic doctors and acupuncturists face a 4.6 to 1 debt to income ratio and limited job availability, making this career path financially challenging.
- 🏥 Healthcare administration degrees from less reputable online or for-profit colleges may not be respected by employers and could lead to financial waste.
- 🗣️ Speech language pathology requires further education beyond a bachelor's degree for better job prospects and professional licensing.
- 🥗 Dietetics and nutrition degrees, while popular, may not offer competitive salaries or growth rates compared to other healthcare fields, and additional education may be necessary.
- 📚 General health degrees lack specialization, which can limit job opportunities and make it difficult for graduates to stand out in the job market.
- 🧠 Clinical psychology degrees at the bachelor's level are not sufficient for most careers in the field, often requiring further and more expensive education.
- 🌐 Community health degrees, despite their importance, may not be financially viable due to limited job prospects and the need for further education.
- 🏋️♀️ Health and human performance degrees are not necessary for careers such as personal training, where practical experience and certification may be more valuable.
- 🧘♀️ Mental health counseling degrees, like other psychology-related fields, often require advanced degrees and face high competition and limited job availability.
Q & A
What is the general perception of health degrees in terms of stability and quality?
-Health degrees are often perceived as some of the best and most stable degrees one can obtain, although the speaker suggests that not all health degrees are equally valuable.
What is the issue with chiropractic degrees according to the video?
-The issue with chiropractic degrees is the high student loan debt that graduates often face, with an average debt of over $150,000, which is difficult to pay off with a starting salary of around $70,000 per year.
What is the debt-to-income ratio for chiropractors as mentioned in the video?
-The debt-to-income ratio for chiropractors is as high as 4.9 to 1, meaning that if they make $100,000 a year, they may have up to $490,000 in student loan debt.
Why does the speaker advise against certain health degrees?
-The speaker advises against certain health degrees due to factors such as low demand, high student debt, and the necessity of further education beyond a bachelor's degree to secure a decent job.
What is the ranking of a healthcare administration degree out of 835 degrees?
-The healthcare administration degree ranks 581 out of 835 possible degrees, indicating it is not as desirable as many other degrees.
Why are some online colleges offering healthcare administration degrees considered 'sketchy'?
-These online colleges are considered 'sketchy' because they are often for-profit institutions that may not offer degrees that are respected by business owners or hiring managers.
What is the problem with getting a bachelor's degree in speech language pathology?
-The problem is that there isn't much demand for speech language pathology at a bachelor's level, and most states require a master's degree or professional licensing to practice, making a bachelor's degree insufficient.
What is the average salary for someone with a degree in dietetics and nutrition?
-The average salary for someone with a degree in dietetics and nutrition is around $61,000 per year.
Why does the speaker consider general health degrees to be less valuable?
-General health degrees are considered less valuable because they are too broad and do not provide specialized knowledge or skills that prepare graduates for specific healthcare professions.
What is the ranking of a clinical psychology degree out of 835 degrees?
-The clinical psychology degree ranks 745 out of 835 possible degrees, indicating it is not a highly regarded choice from a financial perspective.
Why does the speaker suggest that psychology-related degrees are not a good investment?
-The speaker suggests that psychology-related degrees are not a good investment because they often require further, expensive education beyond a bachelor's degree and there is a high supply of graduates compared to the number of available jobs.
Outlines
🤔 The Importance of Researching Degrees and the Financial Burden of Chiropractic Education
The video discusses the stability and desirability of health degrees, but cautions about the financial implications of certain career paths. It emphasizes the importance of liking videos as a form of support. The speaker highlights the chiropractic profession, noting the requirement of a doctoral degree and the relatively low average salary, which is insufficient to manage the high student loan debt commonly incurred by practitioners. The video references data from Student Loan Planner, indicating that chiropractors have a high debt-to-income ratio. It advises aspiring chiropractors to consider the cheapest schooling options to minimize debt.
😕 Warnings Against Pursuing Certain Health-Related Degrees Due to Job Market and Financial Concerns
The video script continues with a list of degrees that may appear promising but are financially challenging. It mentions naturopathic doctors and acupuncturists, noting their high debt-to-income ratio and limited job availability. The speaker suggests that bachelor's degrees in healthcare administration from less reputable online colleges may not be respected in the job market. The script also touches on degrees that require further education for better prospects, such as speech language pathology, and advises viewers to secure a practical undergraduate degree before considering further education. It concludes with a personal anecdote about the unpredictability of career plans and the importance of not overcommitting to a specific degree path.
🚫 Avoiding Overrated and Generalized Health Degrees
The video script advises against pursuing certain health-related degrees that are either overrated or too generalized. It criticizes degrees like health and human performance, which could lead to careers that don't necessarily require a college degree, such as personal training. The speaker argues that generalized health degrees do not provide specialized knowledge and are thus less valuable in the job market. The script also warns against degrees that require further education beyond a bachelor's degree to be viable, such as psychology and mental health counseling. It emphasizes the need for specialized knowledge and the importance of supply and demand in the job market, suggesting that viewers should be cautious about choosing a major that could lead to a surplus of qualified individuals and a lack of available jobs.
Mindmap
Keywords
💡Health Degrees
💡Student Loan Debt
💡Debt to Income Ratio
💡For-Profit Colleges
💡Bachelor's Degree
💡Master's Degree
💡Dietetics and Nutrition
💡General Health Degree
💡Clinical Psychology
💡Supply and Demand
💡Mental Health Counseling
Highlights
Health degrees are considered some of the most stable and best degrees to get, but not all health-related degrees are equally valuable.
Chiropractic degrees require a doctoral level education but come with significant student loan debt and lower average salaries.
Naturopathic doctors and acupuncturists face a high debt-to-income ratio and limited job availability.
Healthcare administration degrees from for-profit or online colleges may not be respected by employers, leading to lower job prospects.
Speech language pathology requires further education beyond a bachelor's degree for better job prospects and licensing.
Dietetics and nutrition degrees are popular but may require additional education and have lower earning potential compared to other healthcare degrees.
General health degrees lack specialization and may not adequately prepare graduates for specific healthcare professions.
Clinical psychology degrees often require further, expensive education and have poor job prospects at the bachelor's level.
Community health degrees rank low due to limited viability and job prospects in the current job market.
Health and human performance degrees may not require a college education, as practical skills are often more valued than theoretical knowledge.
Mental health counseling degrees, like other psychology-related fields, suffer from an oversupply of graduates and high competition for jobs.
The importance of securing a stable job with an undergraduate degree before considering further education.
The video emphasizes the need for research and understanding of a degree's financial and job market implications before committing to it.
The presenter's candid approach to discussing the harsh realities of certain degrees and their impact on personal finance.
A warning against the common trap of pursuing a degree based on interest alone without considering the practical career outcomes.
The presenter's advice to focus on degrees that have clear career paths and financial stability post-graduation.
The video provides a critical perspective on the value of higher education degrees in relation to personal finance and job market demands.
Transcripts
5.0 / 5 (0 votes)
Thanks for rating: