Gifted Bulletin Board

Welcome to the Gifted Issues Discussion Forum.

We invite you to share your experiences and to post information about advocacy, research and other gifted education issues on this free public discussion forum.
CLICK HERE to Log In. Click here for the Board Rules.

Links


Learn about Davidson Academy Online - for profoundly gifted students living anywhere in the U.S. & Canada.

The Davidson Institute is a national nonprofit dedicated to supporting profoundly gifted students through the following programs:

  • Fellows Scholarship
  • Young Scholars
  • Davidson Academy
  • THINK Summer Institute

  • Subscribe to the Davidson Institute's eNews-Update Newsletter >

    Free Gifted Resources & Guides >

    Who's Online Now
    0 members (), 197 guests, and 13 robots.
    Key: Admin, Global Mod, Mod
    Newest Members
    Word_Nerd93, jenjunpr, calicocat, Heidi_Hunter, Dilore
    11,421 Registered Users
    April
    S M T W T F S
    1 2 3 4 5 6
    7 8 9 10 11 12 13
    14 15 16 17 18 19 20
    21 22 23 24 25 26 27
    28 29 30
    Previous Thread
    Next Thread
    Print Thread
    Joined: Apr 2013
    Posts: 5,245
    Likes: 1
    I
    indigo Offline OP
    Member
    OP Offline
    Member
    I
    Joined: Apr 2013
    Posts: 5,245
    Likes: 1
    The most valuable college majors, ranked
    Adrian D. Garcia
    Bankrate
    Sept 10, 2018

    This article shows the 5 most valuable and 5 least valuable college majors. Salary and unemployment rates are shown. While the results are based on recent history and are not necessarily predictive of future salary and employment trends (which can change based on supply and demand)... the lists are interesting nonetheless. It is possible that the least valuable majors may be rather constant... while shifts in which majors are most valuable may show more fluctuation.
    Originally Posted by article
    only 22 percent of actuarial science majors held a master’s degree or doctoral degree, suggesting the majority of graduates did not need to take on more schooling — which often comes with more debt — to find employment.
    The Bankrate 2017 list of 10 most valuable college majors here.

    Other sources of information include:
    US Bureau of Labor Statistics Occupational Employment Statistics (OES)
    US Bureau of Labor Statistics Occupational Outlook Handbook OOH

    Joined: May 2009
    Posts: 647
    K
    Kai Offline
    Member
    Offline
    Member
    K
    Joined: May 2009
    Posts: 647
    Zoology is number two?

    Joined: Apr 2013
    Posts: 5,245
    Likes: 1
    I
    indigo Offline OP
    Member
    OP Offline
    Member
    I
    Joined: Apr 2013
    Posts: 5,245
    Likes: 1
    Incredibly, yes... zoologoy is ranked at number two although that college major shows a lower unemployment rate and a higher salary than actuarial science.

    All information utilized in ranking the majors is not shown in the article... the article provides a link so that one can register and sign up to read further.

    Joined: Apr 2014
    Posts: 4,051
    Likes: 1
    A
    aeh Offline
    Member
    Offline
    Member
    A
    Joined: Apr 2014
    Posts: 4,051
    Likes: 1
    It's probably because zoologists are more likely than actuarial science majors to need a graduate degree for entry-level jobs.


    ...pronounced like the long vowel and first letter of the alphabet...
    Joined: Jul 2018
    Posts: 114
    M
    Member
    Offline
    Member
    M
    Joined: Jul 2018
    Posts: 114
    Zoology is probably a common pre-veterinary track. So it being up there isn't any more surprising than Health and Medical Preparatory Programs. The fact that pre-law is in the bottom half is kind of surprising to me.

    And the median pay (from BLS) for veterinarian is much more in line with the BankRate article than zoologist.

    Last edited by mckinley; 09/14/18 01:03 PM.
    Joined: Feb 2010
    Posts: 2,639
    B
    Member
    Offline
    Member
    B
    Joined: Feb 2010
    Posts: 2,639
    Here's a new working paper on STEM majors.

    STEM Careers and Technological Change
    by David J. Deming, Kadeem L. Noray - #25065 (ED EFG LS PR)
    Abstract:
    Science, Technology, Engineering, and Math (STEM) jobs are a key
    contributor to economic growth and national competitiveness. Yet
    STEM workers are perceived to be in short supply. This paper
    shows that the "STEM shortage" phenomenon is explained by
    technological change, which introduces new job tasks and makes
    old ones obsolete. We find that the initially high economic
    return to applied STEM degrees declines by more than 50 percent
    in the first decade of working life. This coincides with a rapid
    exit of college graduates from STEM occupations. Using detailed
    job vacancy data, we show that STEM jobs changed especially
    quickly over the last decade, leading to flatter age-earnings
    profiles as the skills of older cohorts became obsolete. Our
    findings highlight the importance of technology-specific skills
    in explaining life-cycle returns to education, and show that STEM
    jobs are the leading edge of technology diffusion in the labor
    market.

    Joined: Jul 2012
    Posts: 423
    O
    Member
    Offline
    Member
    O
    Joined: Jul 2012
    Posts: 423
    (Quote)
    "only 22 percent of actuarial science majors held a master’s degree or doctoral degree, suggesting the majority of graduates did not need to take on more schooling — which often comes with more debt — to find employment."
    (End quote)

    It's easy to assume that an advanced degree in any field is a wise move, not necessarily so as our family learned (and I suspected) involving our eldest son. I'd urge anyone to do their research as to the real value of any advanced degree before pursuing it. In my eldest son't case, all in academia encouraged him to pursue an advanced degree, however, research in his specific field of study and talking to those in the industry revealed that while the graduate degree would indeed pay a higher rate, it was minimal and would take about 30 or more years to recover the lost wages suffered from missing a couple of years of work if he would simply go into the work force with an under graduate degree and the additional cost of two additional years of college. The vast majority of companies were much more interested in work experience and professional credentials outside of college than an advanced degree.

    Last edited by Old Dad; 12/03/18 08:54 AM.
    Joined: Feb 2010
    Posts: 2,639
    B
    Member
    Offline
    Member
    B
    Joined: Feb 2010
    Posts: 2,639
    Here is an article from the UK on this topic. Of course, the choice
    of college major and career should not be guided solely by money.

    The cost of studying the arts at Oxbridge
    High-scoring students leave £500,000 on the table by eschewing economics
    The Economist
    January 26th 2019

    ...

    Yet even though Oxbridge students can pretend to read “Ulysses” for years and still expect a decent salary, they end up paying a large opportunity cost by pursuing the arts. That is because employers reserve the highest starting wages for students who both attended a leading university and also studied a marketable subject. Cambridge creative-arts graduates earn £11,000 more at age 26 than do those from Wrexham Glyndwr University, whose arts alumni are the lowest-earning in Britain. In contrast, Cambridge economics graduates make £44,000 more than do those from the University of Salford, where the economics course is the country’s least remunerative.

    Many gifted arts students would struggle to crunch numbers. But for those who can excel at both, the cost of sticking with the arts, in terms of forgone wages, is steep. Cambridge creative-arts students have a-level scores close to those of economics students at Warwick, but earn about half as much. That is tantamount to giving up an annuity worth £500,000.

    Who can afford such indulgence? The answer is Oxbridge students, who often have rich parents. At most universities, students in courses that lead to high-paying jobs, such as economics and medicine, tend to come from wealthier families, partly because such applicants are more likely to have the examination scores necessary to be accepted. At Oxbridge, however, no such correlation exists. History and philosophy students there come from richer parts of Britain, on average, than their peers studying medicine do.


    Moderated by  M-Moderator 

    Link Copied to Clipboard
    Recent Posts
    Testing with accommodations
    by blackcat - 04/17/24 08:15 AM
    Jo Boaler and Gifted Students
    by thx1138 - 04/12/24 02:37 PM
    For those interested in astronomy, eclipses...
    by indigo - 04/08/24 12:40 PM
    Powered by UBB.threads™ PHP Forum Software 7.7.5