The Impact of Dual Majors on Income based on the American Community Survey
AUTHORS
Mohammed Jawad Uddin,University of North Texas, Denton, USA
Rehma Tout,University of North Texas, Denton, USA
ABSTRACT
Although the cost of higher education in the United States has risen in the past time, it is still a high-return investment. This article uses the latest American Community Survey (ACS) data on college majors to analyze the dual majors for undergraduate graduates The impact of income. The research results show that dual majors have advantages when compared with a single low-income major, but there is no advantage when compared with a single high-income major. Therefore, choose a second major that is more profitable than the first major It is in line with economic considerations. Having a dual major with a lower market value will damage future economic prospects. The income of a college graduate with a dual major will be between these two separate majors. Therefore, in an economic sense. It may be preferable to study by switching to a high-income major than to study an additional major. Of course, students choosing a dual major is not only to increase wages and income but also for personal interest in interdisciplinary learning.
KEYWORDS
Dual majors, Salary income, Income premium