Sponsored Content




Intermarkets' Privacy Policy
Support


Donate to Ace of Spades HQ!



Recent Entries
Absent Friends
westminsterdogshow 2023
Ann Wilson(Empire1) 2022
Dave In Texas 2022
Jesse in D.C. 2022
OregonMuse 2022
redc1c4 2021
Tami 2021
Chavez the Hugo 2020
Ibguy 2020
Rickl 2019
Joffen 2014
AoSHQ Writers Group
A site for members of the Horde to post their stories seeking beta readers, editing help, brainstorming, and story ideas. Also to share links to potential publishing outlets, writing help sites, and videos posting tips to get published. Contact OrangeEnt for info
Cutting The Cord And Email Security
Moron Meet-Ups





















Milestone: After Months of Faking and Hiding Numbers, Obama Administration Celebrates Its Proudest Moment in Fake Obamacare Numbers | Main | Raising the Dead: Pittsburgh Hospital To Test New Procedure Putting Gunshot and Stabbing Victims Into Death-Like Suspended Animation, to Buy Time to Operate on Them
March 28, 2014

Which Colleges and Which Majors Will Make You the Richest, and Which Will Make You the Poorest?

First, the ones that will increase your net earnings (over the course of 20 years) by the highest margin. You won't be surprised to learn that computer science degrees (from different elite colleges) make up nine of the ten college/major combinations; the only non-computer science one in the top ten is an economics degree from a minor little school called Standford.

And then there's the colleges that will actually make you poorer -- when you deduct the cost of college (and cost of not working for four years) from the marginal increase in your net earnings, it sums to below zero -- and the specific majors which will make you poorer on the deal, too.

There's not a big surprise here, either. The majors which tend to be bad investments are Art, Humanities, English, and Education.

On that last one, teachers might say that this is a reason that they should be paid more; I'd suggest an alternate conclusion. My conclusion is that the Education degree should not be a major, but instead just an intensive minor. People with an education degree cannot work in any other area with that degree except education, which traps them in a fairly low-paid field. They cannot easily -- even if they wished to -- jump ship to another career.

And I really have trouble believing that teachers should spend most of their time studying, in a meta, bullshitty sort of way, the Theory of Education, as opposed to studying a specific subject matter (math, history, whatever else).

I am very skeptical that the Theory of Education itself can be gainfully studied as a four-year major. I have to think that after the first four or five courses, there's a lot of repetition, and a lot of higher abstract theorizing that very few in-the-field teachers have need of.

But I don't think the entrenched Education establishment would like that proposal, because it would mean an end to their phony-baloney jobs in college Education departments.

One way in which these numbers are misleading, or at least incomplete, is that they disguise an important fact: Students going to Caltech for comp science are going to make a lot more money than a student going to Murray State College for Arts whether they went to college or not. The Caltech comp science guy is, look, coming into the classroom a lot smarter than the Murray State Arts grad. Even if they both dropped out of school on the first day of classes, the guy who was at Caltech would make more money that the Murray State student.

But that's just an argument for another point: There are a lot of fairly useless degrees out there, degrees that will actually have a negative impact on someone's economic fortunes, and that means that there are a lot of people going to college who just shouldn't be going to college.

They should just start working after high school, at least if they want to maximize their earnings, which, whether they know it at 18 or not, they will, at least by age 28, if not earlier.

It's around age 28 where all the bullshit-bullshit and excuses of the college years start falling away and people start realizing, damnit, I need to start making some money.


digg this
posted by Ace at 01:49 PM

| Access Comments




Recent Comments
MBunge: ""I mean not really. Does Trump really talk about a ..."

Wolfus Aurelius, Dreaming of Elsewhere [/i] [/b] : "[i]Belmont Stakes moving to Saratoga and being sho ..."

Our Country is Screwed: "Along those lines, there are a few MILFs at the pi ..."

BignJames: "Oh, Pancho!...Oh, Crisco! ..."

Krebs v Carnot: Epic Battle of the Cycling Stars (TM) [/b][/i][/s][/u]: "[i] Belmont Stakes moving to Saratoga and being s ..."

Sponge - F*ck Joe Biden: "[i]Crowd Boos Crisco Christie After He Claims Trum ..."

tubal: "356 Belmont Stakes moving to Saratoga and being sh ..."

Wolfus Aurelius, Dreaming of Elsewhere [/i] [/b] : "[i]"14 year old boy in that class with the hot tea ..."

Sponge - F*ck Joe Biden: "[i]Belmont Stakes moving to Saratoga and being sho ..."

Anonosaurus Wrecks, Abandon All Hope Ye Who Enter Here [/s] [/b] [/i]: "Crowd Boos Crisco Christie After He Claims Trump W ..."

BruceWayne: "Belmont Stakes moving to Saratoga and being shorte ..."

Sponge - F*ck Joe Biden: "[i] Bold is lisping. Posted by: Lucy the Fink ..."

Recent Entries
Search


Polls! Polls! Polls!
Frequently Asked Questions
The (Almost) Complete Paul Anka Integrity Kick
Top Top Tens
Greatest Hitjobs

The Ace of Spades HQ Sex-for-Money Skankathon
A D&D Guide to the Democratic Candidates
Margaret Cho: Just Not Funny
More Margaret Cho Abuse
Margaret Cho: Still Not Funny
Iraqi Prisoner Claims He Was Raped... By Woman
Wonkette Announces "Morning Zoo" Format
John Kerry's "Plan" Causes Surrender of Moqtada al-Sadr's Militia
World Muslim Leaders Apologize for Nick Berg's Beheading
Michael Moore Goes on Lunchtime Manhattan Death-Spree
Milestone: Oliver Willis Posts 400th "Fake News Article" Referencing Britney Spears
Liberal Economists Rue a "New Decade of Greed"
Artificial Insouciance: Maureen Dowd's Word Processor Revolts Against Her Numbing Imbecility
Intelligence Officials Eye Blogs for Tips
They Done Found Us Out, Cletus: Intrepid Internet Detective Figures Out Our Master Plan
Shock: Josh Marshall Almost Mentions Sarin Discovery in Iraq
Leather-Clad Biker Freaks Terrorize Australian Town
When Clinton Was President, Torture Was Cool
What Wonkette Means When She Explains What Tina Brown Means
Wonkette's Stand-Up Act
Wankette HQ Gay-Rumors Du Jour
Here's What's Bugging Me: Goose and Slider
My Own Micah Wright Style Confession of Dishonesty
Outraged "Conservatives" React to the FMA
An On-Line Impression of Dennis Miller Having Sex with a Kodiak Bear
The Story the Rightwing Media Refuses to Report!
Our Lunch with David "Glengarry Glen Ross" Mamet
The House of Love: Paul Krugman
A Michael Moore Mystery (TM)
The Dowd-O-Matic!
Liberal Consistency and Other Myths
Kepler's Laws of Liberal Media Bias
John Kerry-- The Splunge! Candidate
"Divisive" Politics & "Attacks on Patriotism" (very long)
The Donkey ("The Raven" parody)
Powered by
Movable Type 2.64