Selecting a major is rarely a linear process. Many students don’t know their strengths, weaknesses, or even interests by the time classes begin, let alone their long-term job prospects. So what if the government wanted to help out with the decision?
Policy makers are exploring several recent proposals to subsidize colleges and universities with federal money on the condition that academic programs better reflect job market trends. Many are advocating incentivize high-demand fields in the wake of the recent financial crisis, skyrocketing tuition bills, and record levels of student debt. This article will explore some of these programs and potential implications for students.