A January 2024 working paper from the National Bureau of Economic Research suggests that a double major offers better job security over a lifetime.
Dr. Andrew Hanks and his colleagues report that over the long term, college graduates with two majors or a dual degree are 56 percent less likely to suffer significant disruptions to their job earnings — such as pay cuts, layoffs, and periods of unemployment in general — than those with a single college major.
Since 2019, OLLU’s undergraduate Double Major in Four Years [DMFY] Degree Plans have become more common than at any time in school history, with combinations of majors in social work, psychology, and criminal justice leading the way. Students find greater return on investment for the DMFY college degree, saving tuition dollars by finishing faster and accelerating their entry into the workforce or onto graduate studies.
Students are more competitive when applying for jobs or graduate school because these additional credentials help them stand out in a crowded employment field. They also find more job choices available when you have two specialties instead of just one.
Visit www.ollusa.edu/doublemajor for more information on the undergraduate Double Major in Four Years [DMFY] Degree Plans available or contact John Gomez, PhD, Professor of Psychology, at jpgomez@ollusa.edu or call 210-431-6577.