Anonymous wrote:She went to Princeton for her undergrad and Harvard Law School which makes quite a difference.
As a parent of three children who have all done fairly well, let me just say that where one goes for undergrad does matter as does the major but even more important is where they end up going for grad school, business school, law school or medical school.
But I also agree with those who advocate going a good state school for undergrad and then expending any disposable income for the next step in their education.
Sure. I was just pointing out that what one majors in in undergrad has little bearing on one's future earnings compared to where they go, how well they do, how they network, and where and how well they go to graduate/law/medical/business school. I found that chart informative, because it basically indicates that with the exception of a handful of engineering degrees, what is most important is getting a degree, and perhaps going to graduate or professional school. The incomes vary somewhat, but not as drastically as one would think--for the most part 50K, +/-5K as a median income (and this is only for people who only have a bachelors degree--graduate degree holders are not represented). It indicates to me that majoring in the humanities and social studies is not the economic death sentence that people seem to believe, and majoring in the sciences is not the magic bullet either. This is coming from someone who majored in the sciences myself.
She went to Princeton for her undergrad and Harvard Law School which makes quite a difference.
As a parent of three children who have all done fairly well, let me just say that where one goes for undergrad does matter as does the major but even more important is where they end up going for grad school, business school, law school or medical school.
But I also agree with those who advocate going a good state school for undergrad and then expending any disposable income for the next step in their education.
Anonymous wrote:Don't spend big dollars on a sociology degree even from Yale or NYU
Well, according to this chart, sociology majors make a median of 45K, which is better than counseling psychology (29K), about the same as English (48K), and worse, but not an order of magnitude worse from even some STEM majors (biochemistry 53K, biological engineering 50K, chemistry 57K). From this chart, it looks to me like all this angst about what to major in matters little. In less you are in a hot engineering field, likely getting a degree at all means that your earnings will cluster around 40-55K without grad school.
You know who was a successful ivy league sociology major? Michelle Obama.
Anonymous wrote:Don't spend big dollars on a sociology degree even from Yale or NYU
Well, according to this chart, sociology majors make a median of 45K, which is better than counseling psychology (29K), about the same as English (48K), and worse, but not an order of magnitude worse from even some STEM majors (biochemistry 53K, biological engineering 50K, chemistry 57K). From this chart, it looks to me like all this angst about what to major in matters little. In less you are in a hot engineering field, likely getting a degree at all means that your earnings will cluster around 40-55K without grad school.
You know who was a successful ivy league sociology major? Michelle Obama.
Don't spend big dollars on a sociology degree even from Yale or NYU
Anonymous wrote:If you can't get into a big-name private school, you should go to a public school that is cheap.
That said, lots of people are successful and went to no name schools. I think it makes it harder but certainly not impossible. I would never spend a ton on a small school nobody has heard of. I'd just send my child to a state school that cost less at that point. (At least people think the decision was partially motivated by money and not what school they could get into!)