In the 21st century, students no longer prepare for a single job – they prepare for diverse professional careers that require high-order critical thinking, problem-solving, and communication skills. This is exactly what students get out of studying Philosophy.
Philosophy graduates don’t have to get jobs as philosophers. They work in law, medicine, health professions, education, business, management, information technology, government, and public policy, amongst many others. Philosophy majors are creative thinkers, sharp analysts, strong researchers, and they communicate persuasively, clearly, and precisely – which means that a Philosophy graduate is a valuable addition to almost any team.
Philosophy is the highest earning humanities major according to the Wall Street Journal list ‘Degrees That Pay You Back,’ which surveyed 1.2 million people, with a mid-career median salary of $81,200. The mid-career median salary for Philosophy ishigher than those earned by majors in Marketing, Accounting, Information Technology, Business Management, Communications, Film, Nursing, Journalism, Biology, Psychology, Criminal Justice, and Graphic Design, amongst others.
Philosophy majors earn more than you might expect. Philosophy is the highest earning humanities major according to the 2014-15 (source: payscale.com, Bachelor’s Degrees by Salary Potential list) at #49.
- Early career salary for a Philosophy major: $40,700
- Mid-career salary for a Philosophy major: $84,000
Philosophy majors earn 103.5% more, ten years post graduation(outperforming Accounting, Business Administration and Management, Health and Medical Sciences, Political Science, Psychology, Sociology, History, and Communications majors, amongst others).
- Law School: According to the American Philosophical Association, using data for the 2007-08 year in which over 2000 students took the LSAT, “philosophy majors rank significantly better than any other humanities degree, with an average score tied with economics for the highest of any field.“
- Medical school: Data from the Association of American Medical Colleges shows that humanities majors have higher acceptance rates to medical schoolthan science majors, and that Philosophy majors have the highest rate of acceptance of all humanities majors– 50%.
Philosophy majors earn more than majors in Marketing Management, Business Economics, Pre Law, Marketing & International Business, Advertising, Nursing, Health Sciences, Psychology, Communication, Accounting & Management, Public Relations, and Criminal Justice, amongst others. t-commencement – the highest of any salary percentage change by major 10 years post-commencement except for Mathematics, with which it ties.
As the American Philosophical Association reports, using data on the GRE performance of seniors and non-enrolled graduates by intended graduate major (tested 2011-2013):
- Philosophy majors rank 1st overall in Verbal Reasoning and Analytic Writing.
- Philosophy majors rank 17th in the Quantitative Reasoning