1: First run /usr/libexec/java_home -V which will output something like the following:
Matching Java Virtual Machines (2):
1.8.0_25, x86_64: "Java SE 8" /Library/Java/JavaVirtualMachines/jdk1.8.0_25.jdk/Contents/Home
1.7.0_75, x86_64: "Java SE 7" /Library/Java/JavaVirtualMachines/jdk1.7.0_75.jdk/Contents/Home
/Library/Java/JavaVirtualMachines/jdk1.8.0_25.jdk/Contents/Home
2: Pick the version you want to be the default (1.7.0_75 for arguments sake) then:
export JAVA_HOME=`/usr/libexec/java_home -v 1.7.0_75`
3: Now when you run java -version you will see:
java version "1.7.0_75"
Java(TM) SE Runtime Environment (build 1.7.0_75-b13)
Java HotSpot(TM) 64-Bit Server VM (build 24.75-b04, mixed mode)
4: Just add the above export JAVA_HOME … line to your shell’s init file(/.bash_profile).