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Liang Zhang - 1 Zhang - 1
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Federal Reserve Bank of New York
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Georgetown University Center - 1 Education - 1 Workforce - 1 Federal Reserve Bank of New - 1 American Educational Research - 1 NYU Steinhardt School of Culture , Education - 1 Human Development - 1 Finance - 1

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☆ College is still worth it, research finds — although these majors have the lowest rate of return
  + stars: | 2024-03-14 | by ( Jessica Dickler | ) www.cnbc.com   time to read: +3 min
A recent study published in the American Educational Research Journal found that engineering and computer science majors provide the highest returns in lifetime earnings, followed by business, health and math and science majors. Education and humanities and arts majors had the lowest returns of the 10 fields of study considered. "However, there are significant differences across college majors." Overall, the researchers found that the benefits of higher education have held up, even as enrollment has declined and the labor market outcomes for those without a college degree have improved, Zhang said. For workers with a bachelor's degree, education was the lowest-earning field of study, followed by psychology and social work and the arts.
Persons: Liang Zhang, Zhang Organizations: Georgetown University Center, Education, Workforce, Federal Reserve Bank of New, American Educational Research, NYU Steinhardt School of Culture , Education, Human Development, Finance, Ivy League, Georgetown Center, Center Locations: Federal Reserve Bank of New York
☆ Student loan payments are set to resume. Here's a potential winning play for investors, BofA says
  + stars: | 2023-05-17 | by ( Darla Mercado | Cfp | ) www.cnbc.com   time to read: +2 min
Federal student loan debt repayments are expected to resume later this year – and one winning stock could emerge from the fallout, according to Bank of America. Payments on federal student loans have been on hold since 2020 as part of pandemic relief measures. The Supreme Court is weighing President Joe Biden's student loan forgiveness plan, and repayments on federal student loans are expected to resume 60 days after the court makes its decision. But SoFi Technologies could benefit from the resumption of loan payments as borrowers try to refinance their federal student loans, Bhatia said. Refinancing may make sense if the original federal loans have a higher rate than what's available through a private lender.
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