Thursday, August 27, 2015

Major Success

College major success rates, that is. Who earns, who works, who is full-time, who is in his field. Ben Casselman of FiveThirtyEight has compiled a list of 173 college majors and correlates it to how much new grads earn and how likely they are to use their degrees.

http://petroleum.mines.edu/graduate_program.html His method has a pretty big flaw (which he addresses in the details) that you should not miss. As long as you keep this in mind, the results are useful: is it possible that the average petroleum engineer is smarter, harder-working and more motivated than your average library science practitioner? Casselman compares average earnings for university grads to high-school only grads. Is that a similar pool of people?

I've made similar posts before.

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