@blossom, I totally agree about Math majors. We must have been writing at the same time. see my post right before yours. I think I might have a few potential Math majors in my house, and it worries me a little. I would encourage them to do Math, but would also encourage them take a decent number of CS courses, or Stats courses.
Any parent who allows their kid to go away to college thinking they’ll be a shoo in at Medical schools (or worse, a specific Medical school), is just a bad parent.
There’s no way of completely recession-proofing your college graduate. You just never know what will happen. Double majoring could be a little bit of a hedge, but you can’t completely protect against downturns. I’m not sure the Arts and Humanities kids do any better in recessions than the Finance and CS kids, even when the downturn is specific to those fields. It’s more typical for multiple sectors to fall together anyway.
I don’t want to start a STEM vs non-STEM war here, because as I said in my first post, I think the non-STEM kids should absolutely follow their passions, but in a bad economy, when the CS kids can’t get jobs in CS, I think they still probably have a leg up in the fierce competition for general business jobs. Let’s say a trainee program at a bank or an insurance company. Because of the difficulty of the major, I think they might have a better shot than an English major, for example. For an entry level job at a magazine, of course the English kid will have the advantage. But there are probably more general skills jobs than there are jobs at magazines.
It sounds like you have ideas on how you could protect a kid against downturns. I would love to hear them. And for the record, I have nothing against Philosophy majors. I know you didn’t say that. I almost minored in Philosophy, but I couldn’t wrap my mind around it
Actually, I just didn’t have the time with all of those STEM courses I had to take.