Pretty cool chart looking at average incomes by major.
Glad to see that Social Science fares relatively well. I really do believe there’s genuine (economic, among other) value in the analytical approach good social science takes to understanding the human world that can be applied quite broadly. I do love this quote in the accompanying article:
“I don’t want to slight Shakespeare,” said Anthony Carnevale, one of the report’s authors. “But this study slights Shakespeare.”
One thing this data is not able to answer at all is life satisfaction/happiness. Are the people who studied Shakespeare happier because they pursued their dream, rather than business majors who chose that due to earnings potential. Obviously, earnings potential and potential happiness figure in these decisions for most people, but surely earnings weighs in more for the majors at the top and less for those at the bottom. I’d be genuinely curious to know if sacrificing potential earnings proves to be worth it for choosing an educational path that is seen as personally more worthwhile and fulfilling– it’s not as if you are starving on $45K/year. Of course, part of my curiosity stems from the fact that most people who are college professors are smart enough that they could be making significantly more money in other fields, but have chosen this career because of the fabulous non-financial benefits.
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