How important is a college major?

One of the most challenging aspects of consulting is assisting students with the dreaded "what is your major" question. On a personal level, I hate this question because it can be so limiting. From a faculty perspective, I understand the need for course planning and budgeting decisions based on enrollment numbers.

However, in light of the recent FAFSA issues...something comes to mind: if you have all the time and resources available, what major would you choose? How important is a college major?

In a perfect world, incoming freshmen would have an opportunity to explore courses and job shadow during their first year. The reality is only a few schools offer such "exploratory" programs. They are competitive and also cost money - some students may end up paying for an additional year of college just to "find" their spot in the world. Interdisciplinary studies are another option or a well-rounded liberal arts education which offers exposure to critical thinking, analysis and professional skills that anyone interested in a career will need.

Take a look at this recent story in Forbes about how a successful financial advisor used his degree in English to his advantage. Read more here.