A recent study by the Federal Reserve Bank of New York has confirmed what a lot of people have suspected. Getting a degree in Computer Science or Computer Engineering is now as bad as an art degree when it comes to finding a job.

It’s no surprise given that software companies are staring down the barrel of AI development as well as laying off 10,000’s of workers every month.

But in a shocking turn, it is now shown than half of majors are now worth pursuing as the return on the investment or chronic under-employment makes them not worth pursuing.

Young people are noticing. Only 35% of 2025 respondents said a college degree is important, down from 75% in 2010.

Majors with the highest unemployment rates for 2024 grads	Majors with the highest underemployment rates for 2024 grads
Anthropology: 7.9% Computer Engineering: 7.8% Fine Arts: 7.7% Performing Arts: 7.0% Computer Science: 7.0% Architecture: 6.8% Art History 6.7% Physics: 6.6% Early Childhood Education: 6.6% Environmental Studies: 6.3%	Criminal Justice: 65.8% Performing Arts: 63.9% Fine Arts: 58.9% Leisure and Hospitality: 58.1% Agriculture: 57.1% Anthropology: 55.3% Liberal Arts: 54.6% Foreign Language: 54.0% Animal and Plant Sciences: 53.5% Communications: 53.0%