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When you take a look at a list of the most popular majors at the majority of universities and colleges in the United States as well as globally, you will notice that psychology ranks usually ranks within the top 5 of the majors, and this occurs for a wide number of reasons that are nowhere beneficial in terms of the causes and the overall consequences of why the major of psychology should be present in this list. In this article, we will explore the reasons of why psychology is such a popular major and why students should consider other majors instead of psychology to effectively have better long-run benefits in terms of career opportunities, self-satisfaction and earning potential.

The truth of the matter is that there are too many psychology majors out there in the world, so many to the point where the jobs and career opportunities available for all psychology majors are lower than the amount of demand currently existing. Due to this exploitation of the major of psychology over many decades, there is currently very little to no demand for people who have graduated with a degree in psychology all over the world. This leaves a limited potential of career growth and the expansion to acquire the proper level of experience to effectively practice the profession of psychology in the long term.

Another important aspect, perhaps the most important aspect of majoring in psychology is the fact that the earnings potential in practicing a career with a psychology major is very limited in scope. According to many studies and expert observations, psychology is one of the worst paid majors for people enter directly to labor force after having graduated from college with their degree in psychology, with estimated average earnings of about $28,000 to $34,000 per year in the United States and even lower annual salaries in developing nations where the levels of unemployment and demand for psychology majors are even in higher levels.

Due to the low salaries, limited long-term earning potential and ineffective chance to grow healthily with a psychology major, many experts have agreed that the only solution for this phenomenon is to properly adjust and look for a career that incorporates the current knowledge of psychology as well as another skill or knowledge in a career field that has a demand and a higher earning potential. For example, psychotherapy is derived from a branch of psychology as well as developmental psychology, both of these fields deal with more challenging fields within the career of psychology and both are considered specializations, which require further years of study and investment from the individual’s part.

According to these same experts, they have clearly expressed that the only way to also eradicate this phenomenon is to further up the psychology degree with a specialization, a certification or even a master’s degree from a graduate school in a field within psychology or even a complete career change in the long run. Once either of these solutions is applied, psychology majors will have a better chance to incorporate their level of knowledge and experience into a new career field that has more demand, a higher earnings potential and an overall better satisfaction in the long term with a healthy and stable career in one of the main fields or branches that are derived from psychology.

An important factor to take into consideration in the psychology major is its overall simplicity and low level of stringiness as well as the overall minimal challenges that are needed to obtain the degree. Many college-bound high school seniors simply choose psychology as their major because it is an easy major that requires simplistic readings, analyses and the entire coursework of the psychology major is very light and easier compared to the coursework and level of challenge with majors such as engineering, economics, medicine, dentistry, finance or any other majors that are high in demand are offer better results in terms of earnings and career stability.

A direct correlation is presented with majors that are easy to obtain and their level of reward in the long term, as well as with majors that are challenging to obtain but have better rewards in the long run. Students need to face the reality that easy majors such as psychology do not guarantee job stability and are a high risk to their level of career opportunities due to the currently existing competition of all psychology majors out there.

This is clearly a visible phenomenon that needs to be addressed by informing students of what they truly want to do with their lives and effectively influence them to choose the right and most effective majors that aid the process of establishing a career and helping the global society to create young professionals that are competitive in career fields that are in high demand.