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College and University Discussion
Reply to "College Choice vs Major Choice"
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[quote=Anonymous]The advantage for STEM (science, technology, engineering and mathematics) majors fades steadily after their first jobs, and by age 40 the earnings of people who majored in fields like social science or history have caught up. Skill obsolescence and increased competition from younger graduates work together to lower the earnings advantage for STEM degree-holders as they age. Men majoring in computer science or engineering roughly doubled their starting salaries by age 40, to an average of $124,458. Yet earnings growth is even faster in other majors. By age 40, the average salary of all male social science and history majors earned $131,154 https://www.nytimes.com/2019/09/20/business/liberal-arts-stem-salaries.html FWIW, Keep in mind that the Ivies+ account for less than 1/2 of 1% of all college graduates. Their over representation at the top of any field is easily more than 20x.[/quote]
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