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Interesting study of college majors and income, occupation and attainment of graduate degrees, as well as income for holders who go on to get grad degrees. A lot of the difference between "degrees that get you jobs" and more academic degrees when that is factored in. Yes, engineering majors earn more than humanities majors which isn't that surprising but social science majors seem to do about as well as science majors when degree is factored in.
In terms of grad school attendance, it ranges from 67% in physics to 14% for marketing majors. Even within a cluster like social science for example, there's quite a difference as well (47% in political science, 34% in sociology, 22% in criminology).
Well, a graduate degree in the physical sciences is almost universally 'free' in that there is no tuition and graduate students are paid a stipend of some sort. Some years I made around 30K as a graduate student. It is often more difficult to get a degree in the social sciences because there is less support available.
Well, a graduate degree in the physical sciences is almost universally 'free' in that there is no tuition and graduate students are paid a stipend of some sort. Some years I made around 30K as a graduate student. It is often more difficult to get a degree in the social sciences because there is less support available.
Many big cities paid a Loan Forgiveness to Science Teachers who agreed to work in the inner city schools.
I am not clear on what you mean by "physical sciences is almost universally 'free' in that there is no tuition and graduate students are paid a stipend of some sort."
How does that work?
I see so many news and info like this. It's going to do to STEM careers what the 90s did to Law careers: There will be so many graduates from these majors in six to eight years, the market will be saturated. I am half-kidding, but I think all this publicity will have a fattening effect on the particular labor markets.
Many big cities paid a Loan Forgiveness to Science Teachers who agreed to work in the inner city schools.
I am not clear on what you mean by "physical sciences is almost universally 'free' in that there is no tuition and graduate students are paid a stipend of some sort."
How does that work?
Physics guy
You get an RA or a TA or both. Tuition goes along with it plus a stipend. I did both p/t and was bringing in 25-28k.
The data for I/O psychology is way off. It has the median income as 53k, but according to a survey by the Society for Industrial and Organizational Psychologists (SIOP) from last year (N=1120) the median salary is actually 108k and from what I have seen that is much closer to reality.
It could be representative of some fields, but it is not at all representative of mine.
The data for I/O psychology is way off. It has the median income as 53k, but according to a survey by the Society for Industrial and Organizational Psychologists (SIOP) from last year (N=1120) the median salary is actually 108k and from what I have seen that is much closer to reality.
It could be representative of some fields, but it is not at all representative of mine.
Well then I make more than the median in I/O Psychology 1 year into my career and living in a very low cost of living area.
The problem with something like BLS is they let you self-report what your field is. If you belong to SIOP you actually have to have a background in I/O as well as a career in I/O.
I don't really care what someone who says they are an I/O makes (Many HR people say they are I/O when they have no background in I/O). I care what actual I/Os make.
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