What is the value of a university degree? College rankings by 'value added' in salary
35 replies, posted
[URL]http://www.census.gov/newsroom/press-releases/2014/cb14-130.html[/URL]
STEM being superior is a myth. The employment rate is about the same, although the pay is higher if you get a job, but most of the desire for STEM majors has been fabricated by businesses wanting a larger pool of STEM graduates to pull from.
[URL]http://spectrum.ieee.org/at-work/education/the-stem-crisis-is-a-myth[/URL]
So stop being all superior about your STEM degrees. I'm going for one, and I suggest other people do to, but only because it's a rewarding challenge to do well at STEM. Not because the employment opportunities or pay are significantly better.
[url]http://www.forbes.com/sites/georgeleef/2014/06/06/true-or-false-america-desperately-needs-more-stem-workers/[/url]
[QUOTE=FinalHunter;49016029]As someone from a family of doctors and engineers, I've always thought anything under 80k a year was pretty bad. Do most people really make less than 45k?
Don't mean to sound ignorant, just how I've seen things.[/QUOTE]
Jesus fucking christ.
My dad, for example, makes like 10k a year, maybe.
[QUOTE=HumanAbyss;49016061]you are wildly ignorant, sorry, that's just how it is. Most people are not making above 80k. You can stay safely in the knowledge you make more money than most people when you make 80k a year.[/QUOTE]
While ignorant by definition, I think their post shows what a lot of people already assume. When you're surrounded by many people of one socioeconomic class, you tend to believe that its just a way of life, not knowing that a vast majority of people on earth make considerably less.
[QUOTE=valkery;49016820][URL]http://www.census.gov/newsroom/press-releases/2014/cb14-130.html[/URL]
STEM being superior is a myth. The employment rate is about the same, although the pay is higher if you get a job, but most of the desire for STEM majors has been fabricated by businesses wanting a larger pool of STEM graduates to pull from.
[URL]http://spectrum.ieee.org/at-work/education/the-stem-crisis-is-a-myth[/URL]
So stop being all superior about your STEM degrees. I'm going for one, and I suggest other people do to, but only because it's a rewarding challenge to do well at STEM. Not because the employment opportunities or pay are significantly better.
[url]http://www.forbes.com/sites/georgeleef/2014/06/06/true-or-false-america-desperately-needs-more-stem-workers/[/url][/QUOTE]
Actually, STEM is losing traction as the market becomes super-saturated. STEM majors going into compsci, for instance, are so disposable now that in Silicon Valley, people are living in their cars because they're not being paid enough by the tech giants they work for. You see this same thing happening in other STEM-centric markets as well. If it follows current trends for another five years, STEM majors will be the new blue-collar factory workers, because the field's just going to be so undervalued.
The time to go into STEM has long-since passed, I think.
[QUOTE=woolio1;49017300]Actually, STEM is losing traction as the market becomes super-saturated. STEM majors going into compsci, for instance, are so disposable now that in Silicon Valley, people are living in their cars because they're not being paid enough by the tech giants they work for. You see this same thing happening in other STEM-centric markets as well. If it follows current trends for another five years, STEM majors will be the new blue-collar factory workers, because the field's just going to be so undervalued.
The time to go into STEM has long-since passed, I think.[/QUOTE]
The problem isn't that it's not time to go into STEM, it's the chart in this article. It's saying that there are a significant number of schools that are not worth the cost: almost enough to equal out. Which means there are almost two times more people in college than are necessary. We're literally watching the saturation line rise as more and more colleges become pricier than they're worth. This is across the board, and not major specific.
What's worse, it almost doesn't matter what level of a degree you get. Get a PhD and you're just as unhireable as anyone else. I have a professor who got a PhD in Chemistry and sat on the market for a year because he was too well trained.
If you're a blue collar worker, the job markets are all on the verge of collapse or almost completely vanished already. It's a catch 22 no matter where you look.
[QUOTE=HumanAbyss;49016306]that doesn't really address ignorance, that just addresses where the specifics of the ignorance come from.
You can still know the nebulous figures and averages without life experience to that effect.[/QUOTE]
Its still more than you seem to make it out to be.
[URL]http://www.financialsamurai.com/how-much-money-do-the-top-income-earners-make-percent/[/URL]
[URL]http://politicalcalculations.blogspot.com/2014/09/what-is-your-income-percentile-ranking.html#.VjQgTiuldoN[/URL]
Based off these its probably 15 to 20% of Americans.
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