Why Are College Students Dropping Their Business Majors?
Ironically, while the economy is in the tank, statistics reveal that the percentage of college freshmen who plan to major in business is at its lowest level since the mid-1970s. According to the Higher Education Research Institute (HERI) at the University of California at Los Angeles, the number of freshmen who plan to major in business fell from 16.8 percent in 2008 to 14.4 percent in 2009, the lowest percentage since 1974, when 14 percent of college freshmen focused on business majors. Why are students dropping business majors? College choice in general, according to the HERI survey, continues to be influenced by the economy. Last year saw all-time highs in the importance of cost and financial aid, and those trends continue this year, breaking all such records. According to the survey: • 41.6 percent: The cost of attending a particular college was a very important factor in determining where to attend. This is the highest percentage for this question since it was added to the survey.
Related Questions
- How can SC prepare students with diverse writing backgrounds and majors for the various kinds of college writing they’ll eventually need to do?
- How many students in the Business/Health Administration majors are now working in the field?
- Do most students succeed academically at the Seidman College of Business?
