With regard to "Lit Majors Are Not Lepers" by Kristin Eddy {Outlook, Nov. 22}, in a few months I will graduate from American University with an MBA in accounting. When I first started college in 1972, I had no desire to sign up for classes in business administration, and I obtained a BS in political science and sociology from the State University of New York in 1979.

The first indication that these majors were not very marketable came when my request to move from a Navy enlisted rate to an officer was denied. I recognized the main problem, went to night school for an MA in management and was accepted into the Navy's officer candidate school in 1981.

Miss Eddy indicated that she does not consider her education to be a savings account for a future career. She rightly says, though sarcastically, that she has foolishly spent more than $50,000 on a degree in literature. I agree that her area of specialization has limited her earnings potential after college.

What if Miss Eddy had spent that $50,000 on an education in which she learned how to consistently make 15 percent on her money? If she combined that knowledge with the discipline to save $100 a month for 30 years, she would end up, after 30 years, with almost $700,000. Her problem at that time would be how to spend the $2,000 a week in interest income that her specialized knowledge and financial discipline would provide her.

Miss Eddy's problem is that her tuition money was spent on consumption -- in the same way that we buy cars and boats and other toys at the store. I can't help imagining how much better off the Miss Eddys would be if they took the money they received from their jobs, or their parents, or government loans, and applied it toward education in areas that would benefit them financially in the future.