Is an agriculture degree a better decision than a Masters in Business Administration (MBA)? Investment guru Jim Rogers says, "Yes."
"If you've got young people who don't know what to do, I'd urge them not to get an MBA, but to get agriculture degrees," Rogers told CNBC.com.
Rogers sees the finance industry slipping into secular decline. For young people pursuing careers, farming - not finance - may be the best option.
"Finance has been good the past 30 years, but it was not good the 30 years before that, and it's happening again," Rogers said. "Finance is in decline. In the future, the center of the world will not be finance-it's going to be the producers of real goods."
Timothy Burcham, dean of agriculture and technology at Arkansas State University, agrees.
"We are going to be trying to feed 9 billion people by 2050 with the same number of acres of arable land," Burcham said. "The opportunities for a person that has a graduate degree in agriculture are great now, but they are going to be really, really excellent going into the future."
Reprinted in part from Cattlenetwork.com