North Carolina college announces cuts to majors, faculty

A North Carolina college has announced it will discontinue nearly half of its academic majors and cut 36 positions in hopes of securing its future.

After a review that began in September, Guilford College interim president Carol Moore said she will recommend to trustees that the private Quaker college in Greensboro phase out 19 of its 42 academic majors, the News & Record of Greensboro reports. The changes won’t become official until after a trustees’ vote in early 2021 that will give time for tenured professors slated to be laid off to appeal their dismissals.

The cuts were announced on Friday.

Guilford plans to cut 27 faculty positions, or 30% of its full-time faculty, after the spring semester, including laying off 16 tenured professors and five visiting professors. Four professors are scheduled to retire, and two more have said they plan to resign.

Most of the majors targeted

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College majors with the highest and lowest unemployment rates | Personal-finance

in interests, there’s also the question of what you can do with a certain major. You may be passionate about a certain field, but what are the chances that it will lead to a prosperous, long-term career?

One thing is for sure — on average, people with bachelor’s degrees earn a salary of $59,124 per year.

Stacker compiled a list of the majors with the highest and lowest unemployment rates using data from the Federal Reserve Bank of New York. Majors listed are ranked from highest to lowest unemployment rate, with ties broken by underemployment rate.

It’s important to note that this data represents a 2017-2018 average and was released on July 17, 2020. Median wages are for full-time workers with bachelor’s degrees. Unemployment and underemployment rates listed here are for recent college graduates—that is, people aged 22 to 27, who have a bachelor’s degree or higher.

Early career graduates

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Worst College Majors for a Lucrative Career 2019

Starting salary: $39,400

Mid-career salary: $60,500

Annual online job postings: 15,280

Andy Warhol said, “Making money is art…and good business is the best art.” Too bad the reverse is frequently untrue. Fine artists, including painters, sculptors and illustrators, typically collect precious little pay, earning a median income of less than $18,950 a year. Demand for their work, after all, is dependent largely on people’s discretionary income (and fleeting tastes); when times are tough, purchasing art is often left out of most household budgets. Indeed, 4.9% of fine arts majors are unemployed and 19.3% have dropped out of the workforce, according to the Hamilton Project.

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