Reply to Why would non-one percent families let their kids major in the humanities?

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[quote=Anonymous]STEM majors’ salaries start higher, and because of time value of money that is very important to consider. But humanities majors catch up later:

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, and some catch up completely. By age 40, the average salary of all male college graduates was $111,870, and social science and history majors earned $131,154 — an average that is lifted, in part, by high-paying jobs in management, business and law.

The story was similar for women. Those with applied STEM majors earned nearly 50 percent more than social science and history majors at ages 23 to 25, but only 10 percent more by ages 38 to 40.

https://www.nytimes.com/2019/09/20/business/liberal-arts-stem-salaries.html

Also, if everybody were to flock to stem majors, stem salaries would go down fast. Not that this matters on an individual level but we should not do some broad initiative to get everybody to abandon the humanities and go to stem. (Or maybe we should and the humanities majors can live the good life.)[/quote]

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