Myth Of Safe Degrees: Are There Any Safe Degrees In Today’s Economy?
Many generations believed in the myth of safe degrees, that there are some degrees that offer more job security than others in the long-term. If we think about it, there are certain degrees that have traditionally had a good track record, as they have produced multiple graduates with successful careers. However, there have also been cases of students pursuing so-called ‘underdog’ degrees and still securing great packages. This leads many of us to ask, ‘Are there any safe degrees in today’s economy?’ And that is exactly the question we will be trying to answer today. Let us learn whether the myth of stable professional degrees has any truth in it.
The Education And Job Security Myth: The Misunderstood Correlation
There is a commonly believed fallacy that has been perpetuated by generations of people. It’s that certain degrees directly relate to high-paying jobs. As you can tell, this notion is becoming more and more outdated with time. The myth of safe degrees has slowly started to wane as the new economy seems to be performing in ways that were unprecedented just a decade ago.
For example, engineering job security was hailed as one of the best, but now, engineers struggle to land a job. Not to mention that several engineers get laid off every year, especially in tech firms. Let’s compare that to medicine career stability. The demand for healthcare professionals is not going anywhere, but still, there has been a small but noticeable decline in the placement rates of medical professionals.
There is a popular saying nowadays, ‘A degree is a snapshot, whereas the job market is a motion picture.’ Indeed, a degree tends to get outdated very quickly. What keeps up in the market are skills that help people secure and maintain their jobs. Let us try to break down the education and job security myth into three pointers that will help paint a clear picture for you.
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The Credentialism Trap:
The reason the myth of safe degrees exists is that we often confuse employability with job security. That is not always the case, as even well-paying jobs, especially in the private sector, are known for being highly unpredictable and unstable. We have entered an era in which a useful skill at the start of your college degree will become completely obsolete by the time your graduation ends.
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The Lagging Curriculum:
The curriculum of most universities tends to lag behind the actual job market by four or five years. Basically, this means that students are being equipped with skills that will become redundant by the time they graduate. This is why the fallacy of stable professional degrees no longer holds water.
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The Shift From Degree To Skill-Set:
A common trend has been observed in which students often seek assignment help to shift their focus to skill-building and gathering credentials. This is because their degrees and standard education will not equip them with job-ready skills that they actually need to survive in the job market.
How Did The Myth Of Safe Degrees Arise?
The education and job security myth has existed for as long as the education system itself has existed. But let us try to track down the evolution of this myth’s origin.
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The Post WW-2 Industrial Boom:
The global economy entered a period of unprecedented stability and growth following the end of the Second World War. It was during this time that engineering job security and law degree stability saw a huge rise because of the high demand in these professions. Naturally, this became equated with the person’s degree rather than their skillset, and ultimately propagated this myth.
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The Era of Linear Career Paths:
The post-WW2 era was remarkable for having linear career paths. As in you’d join a company and work there for basically the rest of your professional life. However, the question of safe degrees in today’s economy has been raised because linear career paths don’t exist anymore. Neither companies nor professionals dedicate themselves to continuing the employability of a person for decades.
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The ‘Degree as a Proxy’ Filter:
HR departments wanted to filter out thousands of applications in an easy way, and this is how they decided to sort applications by the applicant’s qualifications. One of the reasons why accounting career security was so high is that those with accounting degrees got jobs more easily than those with actual bookkeeping skills but no professional degree.
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The Stability of Professional Guilds:
Degrees in fields like medicine, law, and accounting were protected by guilds, which limited the number of practitioners. This is why engineering job security, law degree stability, medicine career stability, and accounting career security were at their peak during the second half of the 20th century. It should be noted that even today, these fields enjoy the benefits of being regulated by guilds.
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The Cultural Lag:
Culture moves more slowly than technology, which is the reason why current teachers (who experienced economic shifts from two or three decades ago) are giving advice based on their experiences. This further propagates the myth of safe degrees in today’s economy as their views are outdated.
Do Stable Professional Degrees Actually Exist?
The myth of safe degrees might not go away anytime soon, and the reason for that is partly that it is right. Well, it’s not entirely true, but there are some degrees that are traditionally considered stable, and have remained to be largely stable if you also have the relevant skills needed in your profession. Here are some actual stable professional degrees that you must know about.
Degree Field |
Why It’s ‘Safe’ |
Primary Protection Factor |
Medicine and Nursing |
Medicine career stability is enhanced by the constant care needs of the ageing population. |
A machine cannot provide empathetic therapy and care for a patient. |
Specialised Law |
Law degree stability still remains high because high-stakes litigation and ethical mediation remain human-centric. |
AI doesn’t have the persuasive skills and moral agency needed in a courtroom. |
Cybersecurity |
AI creates new threats, and the need for ‘human guardians’ keeps increasing. |
Only a human mind can predict what a human hacker is about to do. |
Civil and Environmental Engineering |
Engineering job security has not entirely diminished because the infrastructural and sustainable development needs of the world will never drop. |
Machines do not have accountability for engineering failures, however, a human engineer is accountable for all of their actions. |
Mental Health and Psychology |
The growing mental health crisis around the world requires human companionship and care to resolve. |
AI can simulate conversation, but it cannot offer empathy or connect with other humans. |
Education (Special Ed/Early Childhood) |
Humans always need social development and mentorship to ensure the continuity of the species’ survival. |
Teaching is less about content delivery and more about behavioral management and emotional guidance. |
Underdog Degrees That Can Fetch You Good Salaries
There are some degrees that are different from your standard stable professional degrees because they can fetch you a great salary, despite it not being obvious at first glance. Here are some lesser-known and ‘underdog’ degrees that can help end the myth of safe degrees in the 21st century.
Underdog Degree |
Why It Pays Well |
Actuarial Science |
While often ignored because of accounting and finance, actuarial science is equally important in the insurance and risk management industry. Some professionals earn six figures early in their careers. |
Supply Chain Management and Logistics |
The rapid and gigantic increase in global trade, the need for professionals who handle logistics has only continued to grow. The salaries are also growing with time. |
Petroleum or Mining Engineering |
While mining and petroleum engineering job security is high, it is highly location-dependent and involves only field work. The work is also physically demanding. |
Technical Writing |
Technical writing involves translating complex engineering jargon into user-friendly manuals. Senior technical writers earn as much as senior IT developers in some firms. |
Food Science and Technology |
Working for global food conglomerates to develop new and innovative food products is a very skill-based, but also very high-paying career path. |
Geomatics or Land Surveying |
People who map and measure the earth are absolutely essential, considering the rise in population and the proportional rise in the demand for infrastructure. |
Conclusion
In the end, you need to take it to heart that the myth of safe degrees is, well, a myth. Today’s economy is skill-driven, and a degree is not exactly the best proof of your skills. Keep in mind that your professional growth is entirely dependent on how you upskill yourself, so the myth of safe degrees in today’s economy is nothing but a fallacy in today’s time. If you want to explore more career paths and skill-building options that will help leverage your career, then feel free to contact us at India Assignment Help.


