Study Analyzes Recent Grads' Unemployment By Major
Hugh Pickens writes "A new report from the Georgetown Center on Education and the Workforce called 'Hard Times: College Majors, Unemployment and Earnings: Not All College Degrees Are Created Equal' analyzes unemployment by major. It shows that not enough students — and their families who are also taking on student loans — are asking what their college major is worth in the workforce. 'Too many students aren't sure what job they could get after four, five or even six years of studying a certain major and racking up education loans,' writes Singletary. 'Many aren't getting on-the-job training while they are in school or during their semester or summer breaks. As a result, questions about employment opportunities or what type of job they have the skills to attain are met with blank stares or the typical, "I don't know."' The reports found that the unemployment rate for recent graduates is highest in architecture (13.9 percent) because of the collapse of the construction and home-building industry and not surprisingly, unemployment rates are generally higher in non-technical majors (PDF), such as the arts (11.1 percent), humanities and liberal arts (9.4 percent), social science (8.9 percent) and law and public policy (8.1 percent)."
Anyone else sick of encountering this kind of thinking?
All they do is get you past HR filters. Most people who are good at their jobs also do them as a hobby or have a genuine interest. Although it doesn't help either when you have $100k in loans and employers offer you $12/hr jobs.
Only the State obtains its revenue by coercion. - Murray Rothbard
The value of a college education should not lie in the career opportunities it opens up for the graduates.
Sometimes it is the case that career opportunities is the only value offered by schools. Many colleges are little more than trade schools that replace apprenticeships with four years of studies. Some schools are so bad that they don't even amount to that.
But it seems to me that if one wants to learn a trade (even if that trade is a white collar one like computer programming) then apprenticeships have far more value in learning the requisite skills. Unfortunately, many HR departments do not see things that way.
The real value of a college education should lie in seeking education for its own sake. Not everyone needs to go to college to be well educated. But some people, perhaps most people, learn better in that sort of environment. Moreover, a well designed college program will stretch a student beyond what he or she would normally be attracted to in his or her studies and expose that student to ideas that he or she would not normally encounter. That sort of thing is difficult, but not impossible, for an autodidact to encounter.
Study what interests you and inspires passion. If nothing inspires passion in you then you had better gain some type of technical skill. Everyone in my college is either pursuing a "business administration" degree or "computer technology." It is getting ridiculous. Business administration should be something you study along the way in any degree program. The demand for technical people is so high in the IT industry that most people following that degree path will likely get jobs, regardless of their skills. The amount of engineering students is microscopic in comparison to the rest. I haven't met anyone yet who is studying engineering to become a systems developer, it is a lonely path. During labs I spend most of my time tutoring people.
I object to power without constructive purpose. --Spock
I see the results of "engineering-only" education every day. I see co-workers utterly lacking critical thinking skills or any curiosity, passively accepting whatever the mainstream media or the software vendors tell them, and who get insanely defensive when you poke holes in the wet toilet paper of their core political/cultural/technical/economic/religious beliefs. I see walking, living proof every day that technical competence != global intelligence.
Some of this is neurological, of course. I work in the software industry, an area filled with more than its share of mildly autistic souls. The rest, however, could have had their worldview drastically enhanced with a couple of courses in comparative cultural anthropology, a few philosophy courses discussing epistemology and some critical studies of human history, just as the liberal arts crew would benefit hugely from some significant study of math, physics and engineering.
Please do not read this sig. Thank you.
Having everyone go to college hasn't made Americans smarter.
It has made universities dumber.
Even though I had been coding since 5th grade, I didn't know what I wanted to go to university for until late into highschool, when ultimately it occured to me that I may as well get the paper that says I can do what I already enjoyed doing.
My dad called some larger IT and software employers' recruiting departments and asked what sort of degrees they screen for, and more importantly, what degree-issuing institutions they look for.
Their answer was, roughly, if you have a CS degree, it doesn't matter where its from (unless its from MIT :))
So I went through the Barrrons College guide and made a list of schools that had CS and separate compE programs; i ranked them by cost and by SAT score of average incoming class. I restricted my search to schools that were ranked above ... 50th or 100th? place in "engineering", however arbitrary that is.
Then I went and talked to those schools, got a rough idea of which ones would give me what kinds of academic scholarships, and then chose a subset of state universities to apply to.
Part of this process is being honest about yourself. I beleive that technically, I met all of the admission requirements to get into Caltech. I noted howeer, that their average incoming freshman had SAT and ACT scores around 5 to 10% higher than where I had tested. Additionally, tuition at that time was around $30k/year.
I figured that there was little sense in struggling to get into the bottom half of the Caltech freshman class, only to pay a six figure sum and to have to work my ass off just to keep my head above water and hopefully graduate. Certainly I expect I would have had a more rigorous experience, and networked with higher caliber professors and students, and perhaps had a better pick of employers for internships and eventual employment.
But honestly, while I have _some_ smarts and _some_ drive, there are obviously people who have more of _both_, and I see little reason to compete with them if I don't have to :)
I was accepted to UIUC (then a top 5 CS school), but they knew they were a competitive program and they offered me no financial incentives to attend.
Ultimately, I went to the University of Nebraska, which offered me a full ride, allowed me to coast in non-interesting courses, and allowed me plenty of 1:1 time with professors who were interesting. The more mid-pack freshman class allowed me to differentiate myself easily from my peers in areas where I excelled.
I left school with a good GPA, plenty of knowledge that I didn't have when I started, and a full time offer at a software company you may have heard of. And no student debt.
The point of this is that if we're not equipping American kids to do even a rudimentary cost-benefit analysis; if they have no idea why they are _going_ to a university... well, they probably have no business going, and it is abhorrent that US taxpayers are paying for them to go.
I am romantically in favor of the idea of the mysty eyed dreamer going to school for indian tribal botany or some other esoteric pursuit of knowledge for its own sake. That's actually probably closer to the original idea of the university. But that experience is something he or she needs to pay for privately -- asking me to help is ridiculous. Making it national policy and funding it at the federal level is suicidal.
The debt-treadmill of university is insidious. Making it easy to get the money to go means more people are going, and in response to the rising costs that are a natural consequence of more demand, the Feds loan out more money. And so the cycle continues, and we have more and more entrants with less and less ability to pay who have no idea what they are going to do once their 4-6 years of partying are over and they need to start paying off the debt they accured.
My opinions are my own, and do not necessarily represent those of my employer.
The only reason why I see medical and education with low unemployment is that the colleges have a strong working relationships with these organizations and a professor recommendation will get you far. Other majors colleges do little or less to keep professional ties with people who hire from these majors.
Engineering and tech is higher mostly because there is demmand for anyone with some real math training. Most of the highest unemployed majors treat math like one of those silly thing you never needed anyway, and is there to turture children.
If something is so important that you feel the need to post it on the internet... It probably isn't that important.
An old idea, floated in the 19th century by highly conservative economists, the capability tax was the idea that people should be taxed based upon what they were capable of earning, rather than what they earned. The idea was to discourage smart people from going into art, the humanities, liberal arts, and so forth, and encourage them to go into meaningful, productive fields, where their capabilities would be put to full use. Whether or not you enjoyed the work was irrelevant, and only liberals cared about that.
The paper is basically encouraging us to think in these term, to ask students to go into fields they may well hate, because that's where they have to go to (1) get a decent education, and (2) make enough to pay off their ultimate student loans.
If you're so smart, why aren't you naked?
Uh. I worked through college and paid for it in cold hard cash, without a penny from loans or my parents, and I graduated last December. With my Master's. I graduated only a semester "late" because my advisor didn't want me to take 18 hours my senior undergrad year, so it took me altogether six years, but I came out with a 4.0.
So yes, it is quite possible, I did it. That's not to say that there isn't a problem with the cost of college tuition, and that I didn't do my fair share of grumbling about the tuition/fee increases that came nearly every year I was there (including an extra $250 a semester because my school decided it needed a football team and an extra $700 a semester when mean plans were suddenly made mandatory to pay for a new dining hall), but it's an overbroad generalization to say "nobody can pay for college without rich parents or student loans." Yes, you can. You can even do it on minimum wage, if you're willing to work overtime and save up before you get there.
The cost of college is a problem, and it's only going to get worse, but let's not exaggerate.
2. If you want to make a good wage ASAP, then don't bother with university - get a job as a plumber or an electrician or one of those guys who repairs elevators. They make stupid amounts of money. IS the work intellectually challenging? No, but that's not the question.
3. If you want to really prepare for the future, just look at the splits. A classic example is energy vs. demand vs. technology. Most people heat their homes with oil or gas. Both are limited resources and both are "not good" for the world when burned. So, preparing houses for a world without oil or gas is a REALLY GOOD IDEA and if you make a business that can do a package on a home (insulation/windows retro/geothermal heating + solar electric on roof) at a reasonable price, You Will Make A Lot Of Money and be helping preapre society for the post-carbon future. Get in to it NOW while the field is sparse. When it heats up, clean up.
4. The split between the living and the dead. The boomers are set to go into die off mode. Mortuary services will explode over the next 10 - 20 years (esp. if the USA never implements national health - poor old folks will die off right quick without medicare). Start a funeral home. Print money.
If you're looking to be a slave to some giant machine - those jobs will become fewer and farther between. In the next world, you're on your own. You will need to INVENT your future. If you don't have the brains to suss that out, then don't bother with university.
Shoes for Industry. Shoes for the Dead.
As I recall, "spring break" was the period between when your term papers were assigned, and when they were due. I spent them in the library. I didn't have time or money to see my family, much less take a vacation anywhere. And I didn't know anyone for whom that wasn't true.
Journalism has a lower unemployment rate than engineering? Wow.
1) Sorted by Unemployment rate, lowest to highest:
Major -- Unemployment Rate -- Starting Salary
Education -- 5.4 -- 33000
Health -- 5.4 -- 43000
Agricultural and Nat. Res -- 7 -- 32000
Comm. and Journalism -- 7.3 -- 33000
Business -- 7.4 -- 39000
Engineering -- 7.5 -- 55000
Science - life/physical -- 7.7 -- 32000
Law and Public Policy -- 8.1 -- 34000
Computers and Math. -- 8.2 -- 46000
Recreation -- 8.3 -- 30000
Social Science -- 8.9 -- 37000
Humanities and Liberal Arts -- 9.4 -- 31000>
Arts -- 11.1 -- 30000
2) Sorted by starting salary, lowest to highest:
Major -- Unemployment Rate -- Starting Salary
Recreation -- 8.3 -- 30000
Arts -- 11.1 -- 30000
Humanities and Liberal Arts -- 9.4 -- 31000
Agricultural and Nat. Res -- 7 -- 32000
Science - life/physical -- 7.7 -- 32000
Education -- 5.4 -- 33000
Comm. And Journalism -- 7.3 -- 33000
Law and Public Policy -- 8.1 -- 34000
Social Science -- 8.9 -- 37000
Business -- 7.4 -- 39000
Health -- 5.4 -- 43000
Computers and Math. -- 8.2 -- 46000
Engineering -- 7.5 -- 55000
Not necessarily. I was getting paid pretty well as a code monkey in the late 90s/early 00s, but without a degree I knew my prospects were limited (and I just didn't want to do it anymore, either). I swallowed my pride and moved back in with my (not rich) parents and spent two years at the local CC taking gen-ed classes. With Pell grants and, after the first year, a merit-based SMART grant, I was able to afford books, tuition, a modest contribution to the household, and some spending money, without borrowing a dime. (I had not saved money during my previous employment--not something to be proud of, but relevant to my anecdote.)
I did borrow some after I transferred to the flagship state university to finish my BS, but we're talking maybe $10k over two years. I had a work-study position that didn't quite make ends meet, but essentially I was paid to sit behind a counter and spent 90% of that time studying. I made the choice to take on that debt rather than find a part-time job, but if it had been important to me not to borrow anything, I know I could have made that work.
From 2005 to present, I've done a BS, MS, and am about two years from a PhD, borrowing a total of $10k (the graduate work was all funded, including a stipend). I did get (crucial!) support from my parents when I was getting started, but it was room and board, not a huge wad of cash. I had to be willing to do my first years at the CC (since my parents don't live near a university), and I had to get my BS from an in-state public university (luckily mine was pretty good). And I am fortunate to be in a STEM field, which let me get that SMART grant and good funding for my graduate work.
Having said this, I feel like I need to add that I am 100% for student loans and especially grants. I'm just pointing out that if you're willing to work and compromise a bit, it's by no means impossible to get a degree (or several) without burying yourself in debt.
Yo dawg, I heard you like the Ackermann function, so OH GOD OH GOD OH GOD
to get your master earning 45 to 60k/yr then your bachelor's at $13k/yr. A 60 hour work week at $7.25/hr (current federal min wage) is $20,880 GROSS. If you don't have kids you pay about 12% of that in taxes just to state & fed, to say nothing of sales tax (Phoenix AZ taxes food you know).
:) ). It's like those stories about people cutting back and paying off $200k of debt in just a few years. They always neglect to tell you that the family that did it had $70 or $80 k/year coming in. You can only cut back so much before life becomes impossible. I don't care what Will Buckley's telling you...
You also probably had a supervisor happy to be supportive because he/she is looking forward to getting someone with a Masters Degree w/o having to engage HR. Oh, and my local University's science & engineering curriculum specifically states you should not be working even part time while trying to pass them. Try taking compilers or operating systems while working 60 hours a week. Yes, people do it. Rare geniuses for whom this stuff comes naturally. A certain percentage of the population is fully energized after a 4 hour sleep. These people have a natural edge. Maybe you're one of them. But if that's the case you're where you are today because of good fortune, dumb luck and the roll of the die. The other option is you went to a diploma mill that doesn't teach anything. I've got a few of those at my job. It's weird. Ask 'em what they learned and they can't tell you...
This is something I just can't get the right wing (who are the ones that bring this argument up the most) to get: The lives of People who make minimum wage are a never ending wave of problems. Life is different when you can't just fix stuff when it breaks, buy ice cream for your kid when they get hurt. You end up trying to make up for the lack of money with time and effort. If you're one of those rare people whose genetics makes it easy for you, well then bully for you. If you went to a diploma mill then all that happened is you got fleeced (wait till you get out of school with that 'Masters' degree. You think HR departments don't know a diploma mill when they see one
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What you are missing is that the value of your education is revealed when you are trying to sell your labor or products of it. So the value of your education is only what other people are voluntarily willing to pay for it. This doesn't mean you shouldn't study French Poetry. But it would be a bad investment to pay alot of money to do it when you could find places on the internet to learn and discuss it for free. This is something many people do for leisure.
Many people in today's Pop culture confuse leisure and labor because there are some exceptional artists and athletes that are able to make considerable amounts of money doing what is in essence a leisure activity. Playing the guitar and singing is something most people do for fun. But if you are exceptional at it some people will pay money to watch you have fun. The same with sports. Most people play for fun. There are a few that are so good at it others will pay to watch them play a game.
Borrowing money is only reasonable if you are building your productive capacity. Borrowing money is smart if you are building a factory, buying capital equipment, or learning a marketable skill. Borrowing money to learn a leisure activity is not a smart use of your time or money. So where you are confused is you should only borrow money to learn a job skill. But once you have that skill and are earning a higher income you can use that money to learn a leisure activity. Borrowing money to learn a leisure activity leaves you with no way of every paying back your loan.
I love Jesus, except for his foreign policy.
The "HR filter" does have a rational idea behind it. The college degree does demonstrate one important thing. That the holder can *finish* a long, sometimes boring and somewhat bureaucratic process. Many people can start a "project", only some of them can finish a "project".
In computer science the university program does offer valuable training. While it is possible to be self taught in these topics very few individuals will actually do so. People who are self taught tend to only study those topic they are interested in. They tend to have obvious gaps in their knowledge compared to the university trained. I only know one self taught person who had the discipline, initiative and ability to read and understand university level textbooks on the full range of topics covered in a university program.
I would agree that some levels of debt seem insane and make it hard to justify the university education but to be honest the problem seems somewhat exaggerated. If one goes to a state university and works part time when class is in session and full time in the summer one can still graduate debt free or with minimal debt. IIRC the average tuition+boarding cost for a 4-year school is US$13K per year. Even without working at all the debt would be about half what you cite.
Perhaps the problem is that our corporate profit driven economy and government have created a culture that only values - read: hires and pays well - careers that directly benefit the bottom line. If, as many expect, we're diving into both global warming and a global financial crash, we may regret that choice. We may need people who can think creatively and tangentially, not a thousand more MBAs.
Three Squirrels
One of the most insightful posts I've seen on slashdot.
You might like the related links in this comment of mine, btw:
http://slashdot.org/comments.pl?sid=2629450&cid=38756882
A 21st century issue: the irony of technologies of abundance in the hands of those still thinking in terms of scarcity.
Hard to say where might you be now by putting all that energy, intelligence, and creativity into your own small software business or an apprentiship in a trade instead of college?
http://lifeinc.today.msnbc.msn.com/_news/2011/05/25/6717536-the-entrepreneur-whos-paying-kids-not-to-go-to-college
But either way is a roll fo the dice...
Make sure you get enough vitamin D, omega 3s, and vegetables to keep going at that pace.
http://www.changemakers.com/discussions/discussion-493#comment-38823
A 21st century issue: the irony of technologies of abundance in the hands of those still thinking in terms of scarcity.
People do not notice long slow trends in part because you have to be old to have seen it; if you noticed it at all-- and if the trend was within a single lifetime.
College was something different in the past. It was not for everybody either. People who went into college already had status because not just anybody could get in but also not just anybody would even want to get in. Completing college was another level of status. It was this status, this prestige that gained which was beneficial later one in multiple ways. Gradually, more and more people saw it as a way to get ahead, especially the ones who started out from behind. Now we've past the point where many jobs have nothing to do with the degree and only seriously consider people with a degree for jobs that do not require one or perhaps even benefit from the worker having one. My local weatherman is not needed, they can go back to the models they used to have because for many decades now they just repeat the national weather service. The news readers suck at everything besides news reading so they do not need a journalism degree either.
So now days we are coming AFTER the colleges because these degrees we as a society overvalued and misunderstood are not fitting our expectations. College was NOT about job training. Trade schools and Apprenticeships are designed for that.
Democracy Now! - uncensored, anti-establishment news
Why is there no warning about conflict of interest here? Everytime the Washington Post opens its mouth about Higher Education Policy of any kind, it should be known that they are owners of the $2.3 billion business Kaplan, a major profiteerer in the War on Poor Students...
http://en.wikipedia.org/wiki/The_Washington_Post_Company
I have to call BS. Working a minimum wage job in most areas of the country isn't enough to pay for rent and food, much less college tuitition and books. You make about $1200 a month, with takehome of about $1000 a month.
With the average rent of $600 a month, $200 a month in food costs, $200 a month in transportation costs, that's pretty much it.
Could you live more cheaply? Possibly, but a number of things would have to happen in order to make that feasible. You'd have to live within walking distance of both work and school (highly unlikely, unless you get really lucky). You'd have to be able to survive on Ramen or get free food from work (possible, but even ramen isn't as cheap as it once was). You could have roommates, but that means a larger house which raises the overall rent, and thus the average cost.
But even if you got your costs down to $500, that only leaves $500 left for tuition and books, and in many cases books alone can cost most of that.
Ok, so maybe you get two part-time jobs and work 60 hours a week (most minimum wage jobs have strict no-overtime rules in my experience) that's only going to give you another $400 a month, which gives you a total of $900 for books and tuition (that includes lab costs, fees, etc..). $2700 per quarter, $11,200 per year. I don't know of any accredited school with tuitions that low.
Ok, so that means you need to live at home, have your parents pay all your food costs, and live within walking distance of school and work.
Most aren't that lucky.
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In Texas that's all the same course!
Confucius say, "Find worm in apple - bad. Find half a worm - worse."