Reply To: Over saturated professions in the Frum community.

I’m not sure there is any single “oversaturated” professional discipline that would warrant not pursuing a degree. Rather, there are many fields where you can always find a job but only the top graduates from the top schools command a really good salary. In law and business, grads from the top schools can easily earn $150,000 to $200,000/ annually (with additional “signing bonuses”) with the major NYC law firms and investment banks but “average students” from mid and lower tier schools are having a hard time finding positions and when they do, starting salaries may be in the range of $65-75K. At the other end of the spectrum, really top notch programmers can earn well over $100K with the larger social media companies and startups but run of the mill programmers are a fraction of that. Some careers are quickly being overtaken by offshore outsourcing, automation and artificial intelligence (e.g. accounting and auditing, back-office administration) while others reflect changes in how we do business (e.g. 30 percent of bank tellers have lost their job in the past decade). Their is a huge demand for public school teachers paying good starting salaries $50-$60K) but a frum young man/woman will find salaries at most yeshivas (where they might want to work) are 30 percent lower. Nursing seems to be a steady area of growth with good salaries across the board and less focus on academic pedigrees.