Anonymous wrote:Anonymous wrote:Most "professional" engineers i know are doing very well across the job market. Some are running Fortune 500 companies...some like Rex Tillerson (civil engineer) have done well in business and now entering politics. I think most do well because they are "trained" to assess and solve problems. The skill serves them well in life. It is an excellent ndergraduate degree to earn, even if you elect not to stay in the field.
Actually, very few engineers run the companies. Most are doing well, but not CEO well. A typical engineer will start out at about 65K with a BS or 80K+ with an MS. Same for some sciences. My experience is the good performers will see salary increase by 50% adjusted for inflation every 10 years, assuming the. intellectual growth continues. So, 65K at 23 would be 97.5 at 33, and 146 at 43 and 220 at 53....
In my case, I started with a PhD in physics at 31 earning 50K, with is 80K in 2017 dollars. Now, 20 years later, I earn 180K.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Major in whatever he wants in college but go to dental school and become an orthodontist. I've been trying to sell my kids on this, but I don't think they are buying what I'm selling. Orthodontists RAKE in the money.
They do now, but people are 3D printing their own aligner systems now so I'm not sure this is a good long-term plan.
Yes this is the perfect example of how certain fields get disrupted by technology. I went to an ortho for an estimate for invisalign and braces - they quoted me 10K. I went to a company that only uses the orthodontist to create the aligner plan and reviews the teeth xrays. Aligners are sent to me every month - cost $1,5000. I'm telling my kids to do some research about the field they choose and find out if it is on the verge of being disrupted because it could change the trajectory of WHO is actually making the money.
Anonymous wrote:Anonymous wrote:Most "professional" engineers i know are doing very well across the job market. Some are running Fortune 500 companies...some like Rex Tillerson (civil engineer) have done well in business and now entering politics. I think most do well because they are "trained" to assess and solve problems. The skill serves them well in life. It is an excellent ndergraduate degree to earn, even if you elect not to stay in the field.
Actually, very few engineers run the companies. Most are doing well, but not CEO well. A typical engineer will start out at about 65K with a BS or 80K+ with an MS. Same for some sciences. My experience is the good performers will see salary increase by 50% adjusted for inflation every 10 years, assuming the. intellectual growth continues. So, 65K at 23 would be 97.5 at 33, and 146 at 43 and 220 at 53....
In my case, I started with a PhD in physics at 31 earning 50K, with is 80K in 2017 dollars. Now, 20 years later, I earn 180K.
Anonymous wrote:Anonymous wrote:If the kid just wants a comfortable life with a stable income, STEM is the way to go. But if he wants to be Richie Rich rich, school is not the answer.
I don't understand the obsession with STEM. Yes - they do start off doing well at age 22; a 22 yr old making 80k is a solid start. But am I the only one who knows engineer after engineer whose job was outsourced once they got into their 40-50s? It happens in every engineering field from mech to electrical to IT; there are countries where there are a lot of grads with very solid math skills -- companies like GE and many small players move entire projects to those companies bc they pay engineers there 30k/yr, instead of 100k to a 50 yr old here. Sure when an entire project requiring 50 engineers is outsource, only about 35-45 jobs will go and 5-15 will be retained here to "manage" the project -- but you're still playing a numbers game.
Anonymous wrote:Most "professional" engineers i know are doing very well across the job market. Some are running Fortune 500 companies...some like Rex Tillerson (civil engineer) have done well in business and now entering politics. I think most do well because they are "trained" to assess and solve problems. The skill serves them well in life. It is an excellent ndergraduate degree to earn, even if you elect not to stay in the field.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Major in whatever he wants in college but go to dental school and become an orthodontist. I've been trying to sell my kids on this, but I don't think they are buying what I'm selling. Orthodontists RAKE in the money.
They do now, but people are 3D printing their own aligner systems now so I'm not sure this is a good long-term plan.
Yes this is the perfect example of how certain fields get disrupted by technology. I went to an ortho for an estimate for invisalign and braces - they quoted me 10K. I went to a company that only uses the orthodontist to create the aligner plan and reviews the teeth xrays. Aligners are sent to me every month - cost $1,5000. I'm telling my kids to do some research about the field they choose and find out if it is on the verge of being disrupted because it could change the trajectory of WHO is actually making the money.
Anonymous wrote:Tell the kid the security won't come from his major choice, but his diligence. Get skills, experience, confidence,etc... learn to write, think analytically. In America your major is only like half your classes, and then not that many hours. But it can be used to send signals, like most people here are treating it.
Also if he's worried about money have him think hard about how much debt he's getting too.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:I would advise him that college is not about maximizing your earning potential. To work on his writing skills and make the most of the experience.
+100
If he is chasing money and only money, be a plumber. He will never get out-sourced, And he can own his own business after awhile.
Otherwise, he needs to learn and grow and figure out what he wants from life. Chasing money if he is from modest means will only make him unhappy given that social mobility is down in the US. Maybe he should consider moving/going to college in a country with better social mobility now that I think of it.
Writing skills are highly over rated.
The kids wants a stable job... accounting, Information Technology, Engineering will get him a stable job.
Finance is a who you know not what you know path.
People skills help much more than writing skills.
Not they are not.
Yes. They are. There are many, many, many jobs that don't require writing skills. Most need very little to no writing skills. Actually I can't really think of many jobs that require writing.
Here are some fields with which I am intimately acquainted and they all require high degrees of literacy. Not that this kid can't get it from reading tons of books, but I've seen people discredited in their field because their communication and writing is so sub par.
- economic
- engineering
- architecture
- design
- marketing
- public health
- project management in any field
- teaching (any subject, including math)
- and of course the obvious lawyer, journalist, professor, etc.
I am also intimately acquainted with all but economics.
None above need writing except marketing, lawyers, journalists and professors.
I would not suggest any of those as valuable jobs to recommend. Also Marketing is more web design than writing now so ... writing is less needed in that area.
engeineers write design documents, technical writers do all other documentation.
public health, only need writing if you are writing policy and you might as well stick forks in your eyes.
Anonymous wrote:Anonymous wrote:Major in whatever he wants in college but go to dental school and become an orthodontist. I've been trying to sell my kids on this, but I don't think they are buying what I'm selling. Orthodontists RAKE in the money.
They do now, but people are 3D printing their own aligner systems now so I'm not sure this is a good long-term plan.