17 Worst Bachelor’s Degrees for Student Loan Debt

In This Article:

In this article, we will be taking a look at the 17 worst bachelor's degrees for student loan debt. If you do not want to learn about the future of global education market, head straight to the 5 Worst Bachelor's Degrees for Student Loan Debt.

Navigating the labyrinth of higher education can be daunting, especially when considering the financial implications. Choosing the right path becomes crucial with student loan debt reaching staggering heights. In this exploration, we delve into Bachelor's degrees, uncovering those programs notorious for burdening graduates with substantial debt. From fields where job prospects are scarce to disciplines yielding low returns on investment, understanding the landscape of the worst Bachelor's degrees for student loan debt like Psychology, Arts, Human and behavioral sciences, among others, is essential for informed decision-making in today's academic landscape. 

Unprecedented Growth and Innovation: The Future of the Global Education Market

The global education market is experiencing significant growth and transformation driven by population growth, technological advancements, and the increasing demand for education and training. By 2030, the global education and training expenditure will reach at least $10 trillion. This growth is fueled by the expansion of secondary and post-secondary education, with an additional 350 million post-secondary graduates and nearly 800 million more K12 graduates expected in the next decade. Asia and Africa are key drivers of this expansion, highlighting the importance of emerging markets in shaping the future of education. 

Financial statistics indicate a positive trajectory for the education sector. The worldwide education market is forecasted to grow by 10.49% from 2022 to 2027, reaching a market volume of US$10.71 billion in 2027. Similarly, the global education market is expected to reach $8 trillion by 2030, presenting significant opportunities for investment in companies that can provide innovative solutions and improve accessibility and affordability. The global higher education market is set to achieve a compound annual growth rate (CAGR) of approximately 10.4%, reaching $210.06 billion by 2030. 

Regional insights further underscore the dynamic nature of the education market. The APAC region, particularly China, is expected to witness significant educational market growth due to population growth and increasing disposable income. Meanwhile, countries like the U.S., the U.K., Australia, and Germany are attracting a substantial number of international students, contributing to the growth of the higher education market.