Psychology
Communications
Journalism
Writing 
Human Resources (I got some friends doing this and when they told me I went
ain't even know you could major in Human Resources
)
I wouldn't necessarily say these are overrated but a good amount of people go into these majors not really knowing what they can do with it. Most students actually don't know what kind of job they can get with their major and what it entails.
Engineering can be overrated. I've heard from a lot of people that you don't use a lot of things you learned in college, you don't use math past algebra, you basically follow a formula the company already uses and don't have much creativity, freewill etc. Don't need an engineering degree to do the job, etc.
Now there are other engineers that said they have the freedom to come up with their own ideas, be creative, use a lot of what they learned etc.
