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?
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
err.
Sure, in IT.
You try to get a job in applied materials or life sciences or education.
Just try explaining to the nice HR person you like hanging around a lot of prepubescent boys as a "hobby."
Non impediti ratione cogitationus.
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.
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But getting past the HR filters are in fact the most important part of getting a job in the first place. Fuck experience. That's just for nogotiating a salary in the last minute. Some companies these days think you can learn on the job depending on the industry. Some even prefer you do it their way only. Taking on massive debt is required just to get a living wage. For most, it's purely survival.
I got a well paying job now but plan on going back to college. I'm looking to upgrade my HR access badge. That's it. Pay now or pay later.
In some countries like Kenya, you need something of a masters just to clean toilets. It's that competitive. Getting a degree these days is a required scam for most.
Life is not for the lazy.
Here are two true stories.
I worked as a support contractor on a NASA center. A friend of mine was a PhD Chemist on the same contract and NASA wanted to hire him. They wrote a job description for what they needed which he was qualified for. He submitted his resume through the USAJOBS.gov website but didn't get through the HR filter. They actually didn't get any qualified applicants but it took 6 months to put the ad back up and by then they lost funding.
I saw a NASA job that was right up my alley and I knew the people who would be reviewing the resumes that got through the filter. I put my resume in and under the "other information" I copied and pasted the WHOLE job listing. I got through the HR filter and got the interview. The person I knew looked at my resume which included the copied and pasted job listing under "other information". When I interviewed he asked me about it and said it was a pretty clever way of bypassing the filter. I got the job.
I love Jesus, except for his foreign policy.
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.
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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