Confirming Val's point regarding scientists' career prospects:
http://online.wsj.com/article/SB10001424052970203733504577026212798573518.htmlGeneration Jobless: Students Pick Easier Majors Despite Less Pay
By JOE LIGHT And RACHEL EMMA SILVERMAN
Wall Street Journal
November 9, 2011
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Time will tell if the poor job market persuaded more students to push into disciplines such as engineering and science. Although the number of college graduates increased about 29% between 2001 and 2009, the number graduating with engineering degrees only increased 19%, according to the most recent statistics from the U.S. Dept. of Education. The number with computer and information-sciences degrees decreased 14%. Since students typically set their majors during their sophomore year, the first class that chose their major in the midst of the recession graduated this year.
Research has shown that graduating with these majors provides a good foundation not just for so-called STEM jobs, or those in the science, technology, engineering, and math fields, but a whole range of industries where earnings expectations are high. Business, finance and consulting firms, as well as most health-care professions, are keen to hire those who bring quantitative skills and can help them stay competitive.
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Meanwhile, only a third of science and engineering college graduates actually take jobs in science and tech fields, according to a 2007 study by Georgetown University professor B. Lindsay Lowell and Rutgers University professor Hal Salzman.
hat may partly be because the jobs don't pay enough to attract or retain top graduates. Science, technology, engineering and math majors who stay in a related profession had average annual earnings of $78,550 in 2009, but those who decided to go into managerial and professional positions made more than $102,000, according to an analysis of U.S. Census data by the Georgetown University Center on Education and the Workforce.
"If you're a high math student in America, from a purely economic point of view, it's crazy to go into STEM," says Anthony Carnevale, director of the Georgetown center.
Some science and math graduates also say they would rather channel their analytical skills into fields that pay higher and seem less tedious.