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User: o64p

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  1. also read excellent IEEE Spectrum article on The Myth of the Science and Engineering Shortage · · Score: 2
    See the excellent discussion of STEM and trends and impact to those entering STEM fields http://spectrum.ieee.org/at-work/education/the-stem-crisis-is-a-myth.

    To encourage you to read the article, here are a few quotes:

    • - "The situation [STEM compensation] is even more grim for those who get a Ph.D. in science, math, or engineering. The Georgetown study states it succinctly: “At the highest levels of educational attainment, STEM wages are not competitive.”"
    • - "It [an over supply of STEM candidates] gives employers a larger pool from which they can pick the “best and the brightest,” and it helps keep wages in check. No less an authority than Alan Greenspan, former chairman of the Federal Reserve, said as much when in 2007 he advocated boosting the number of skilled immigrants entering the United States so as to “suppress” the wages of their U.S. counterparts, which he considered too high."

    Do read the IEEE Spectrum article.