What not to study if you want to be rich

An article in the Spring 2019 issue of Society Now summarizes the impact of a university degree on future income in Britain. The full report is from the Institute of Fiscal Studies.

For men, studying creative arts, English or philosophy results in lower average earnings than if they hadn’t gone to university at all:

For women there are no subjects with negative returns, but studying creative arts increases earnings by only 9%. (For medicine it’s 75%.)

So if you want to earn more money, study the subjects on the right of the graph: economics, medicine, architecture, business, law, etc.

On the other hand, there is at least one thing that money can’t buy.