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The WORST Health Degrees!

Shane Hummus2020-09-14
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💫 Short Summary

The video discusses the financial challenges faced by chiropractors due to high student loan debt, emphasizes the importance of obtaining healthcare administration degrees from reputable universities, warns against pursuing degrees from sketchy online colleges, and highlights the low job prospects and oversaturation in the psychology field. It also emphasizes the value of practical skills over traditional degrees and the need for specialized knowledge in healthcare professions to ensure long-term career success. Personal training careers are mentioned as viable options that do not require college degrees.

✨ Highlights
📊 Transcript
Financial challenges faced by chiropractors.
00:50
Average income for chiropractors is around $70,000 a year.
Average student loan debt for chiropractic graduates is over $150,000.
Chiropractors have a high debt-to-income ratio of 4.9 to 1, the worst among all types of degree holders.
Companies like Student Loan Planner help individuals manage student loan debt in the chiropractic field.
Importance of Obtaining a Healthcare Administration Degree from a Reputable University.
03:41
Healthcare administration is a well-paying and stable career choice.
Degrees from online colleges may not be respected by business owners or hiring managers.
Quality of education varies significantly among for-profit schools offering healthcare degrees.
Choosing the right educational path is crucial for long-term career success in healthcare administration.
Online healthcare administration degrees have a cost per click of $55, much higher than mechanical engineering degrees at $6.
04:43
Be cautious of online colleges offering expensive degrees with low demand.
Speech-language pathology has limited demand at the bachelor's level but can be a good career with a master's degree.
Most states require a master's degree for professional licensing in speech-language pathology.
Planning ahead and considering career growth and salary potential is crucial before committing to a degree.
Importance of specialized knowledge in different career paths.
06:53
Case study of a dance degree holder working as a translator in Japan.
Critique of the dietetics and nutrition field due to low salary prospects.
Potential shift towards a master's degree requirement in the field.
Ranking of health degrees and the importance of specific skills in college education.
Importance of choosing a specialized field in healthcare professions.
09:39
Challenges faced by psychology degree holders at the bachelor level, urging caution against costly graduate school.
Speaker likens graduate school to a pyramid scheme due to high costs and questionable benefits.
Many psychology graduates struggle to find employment with just a bachelor's degree, leading to disillusionment and financial burden.
Importance of practical skills over traditional degrees in fields like health and human performance.
11:40
Community health and personal training careers are cited as examples of careers that do not require college degrees.
Emphasis on focusing on tangible outcomes and practical applications in physical training rather than theoretical knowledge.
Alternate paths to pursuing careers in personal training are highlighted.
Significance of practical skills and experience in the field emphasized.
Job prospects in psychology-related degrees are low due to oversaturation in the field.
13:25
Many individuals passionate about psychology struggle to find available jobs.
Advanced degrees such as master's or doctorate are often required for a decent career in psychology.
Intense competition exists for limited positions in the field.
The market is saturated with individuals holding advanced degrees, making it challenging to secure fulfilling careers.