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And The Highest Paid College Majors Are...
Zero Hedge ^ | 04/29/2013 | Tyler Durden

Posted on 04/29/2013 12:49:39 PM PDT by SeekAndFind

Presented with little comment but perhaps it is time to rethink that $100,000 loan and the extended MBA program...

 

 

Via WSJ



TOPICS: Business/Economy; Education; Society
KEYWORDS: college; major
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To: central_va

Move the goalposts, if you wish.


41 posted on 04/29/2013 1:16:58 PM PDT by 1rudeboy
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To: SeekAndFind

Why don’t I see burger engineering on that list?


42 posted on 04/29/2013 1:20:04 PM PDT by Fresh Wind (The last remnants of the Old Republic have been swept away.)
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To: AU72
Like to see History, Literature and Woman Studies Majors.

Its "Womyn" - and you also forgot to include LGBT studies in that....

43 posted on 04/29/2013 1:21:24 PM PDT by PGR88
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To: 1rudeboy
No you are right I was looking at the trees not the forest. Starting salaries are up -slightly.

My first computer engineering job in 1989 paid 35,000 per year, adjusted for inflation that equals $63820.78

What cost $35000 in 1989 would cost $63820.78 in 2012.

So not really up all that much...

44 posted on 04/29/2013 1:22:45 PM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: central_va
In other words, all that needs to change is your assumption that engineering salaries should necessarily increase more quickly.
45 posted on 04/29/2013 1:24:26 PM PDT by 1rudeboy
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To: Fresh Wind

Maybe we should change barista to Java Engineer.


46 posted on 04/29/2013 1:25:27 PM PDT by reg45 (Barack 0bama: Implementing class warfare by having no class.)
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To: DemforBush

I think these are starting salaries right out of college.


47 posted on 04/29/2013 1:26:08 PM PDT by NEMDF
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To: central_va
60 grand for an experienced engineer sucks. That is as much as a Wal Mart floor manager....

"Experienced" is pretty much the opposite of "starting".

48 posted on 04/29/2013 1:26:29 PM PDT by Cementjungle
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To: 1rudeboy
excuse me, starting salaries
49 posted on 04/29/2013 1:27:04 PM PDT by 1rudeboy
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To: 1rudeboy

I worked full time as an engineer for over 30 years. I ended up making very good pay, but had I to do it over again, I’d have gone into some kind of business of my own that allowed me some modicum of cash business, deductions, etc. and I’d have cheated my ass off on taxes. As it is, most of my work went up in taxes so some leech could sit on his ass.


50 posted on 04/29/2013 1:29:54 PM PDT by Gaffer
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To: madison10

Its one of those industries where tough times don’t necessarily mean an industry downturn. People plan more when times are tough.

SnakeDoc


51 posted on 04/29/2013 1:30:20 PM PDT by SnakeDoctor ("I've shot people I like more for less." -- Raylan Givens)
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To: Gaffer

I get it. But it looks like you cashed-in (don’t mean that in a negative way) while the market was hot. Now, we are living in the worst job market in decades.


52 posted on 04/29/2013 1:32:04 PM PDT by 1rudeboy
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To: 1rudeboy
I would say compared to what engineers needed to know 30 years ago, those starting salaries should be double.

But I take it you are a civilian(non engineer).

53 posted on 04/29/2013 1:32:48 PM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: Tijeras_Slim

The same place the art history majors, the sociology majors, and so forth, working for the government, the college or university library, or Starbucks.


54 posted on 04/29/2013 1:34:03 PM PDT by Maine Mariner
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To: central_va

Therein lies you problem. Really not that dissimilar from those who bought real estate (on credit), thinking that prices “will always go up.”


55 posted on 04/29/2013 1:34:33 PM PDT by 1rudeboy
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To: Maine Mariner
The same place the art history majors, the sociology majors, and so forth, working for the government, the college or university library, or Starbucks.

I guess I got lucky then.

56 posted on 04/29/2013 1:36:07 PM PDT by Tijeras_Slim
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To: 1rudeboy

You don’t see the point, it is much harder to keep up with technology and the requirements are so much more intense than 30 years ago. The value added has increased but the salaries have not. this should please you though, being the great humanitarian that you are. Squeeze then until the turn white and bleed out....


57 posted on 04/29/2013 1:37:29 PM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: madison10

Finance includes accounting, but a firm may hire finance majors to put together numbers for a bank loan. Finance majors also do credit analysis of individuals and firms.


58 posted on 04/29/2013 1:37:31 PM PDT by Maine Mariner
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To: 1rudeboy

I can understand that. I still work part time at my old job to stay current, but for the past two years the division I ran has been on a hiring stint - continual. There is plenty of engineering backlog. In all my years there, I never had to fire anyone for lack of work.

The reason why it has the backlog is they only hire the top 1-2% of their class in areas of engineering not widely taken in school, and each candidate is comprehensively interviewed for a number of attributes. Retention is high and job satisfaction is great - it shows in the product.


59 posted on 04/29/2013 1:38:14 PM PDT by Gaffer
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To: Tijeras_Slim

Not necessarily lucky but for every job that requires a Ph.D. in history, there are 100-200 applicants at a minimum.


60 posted on 04/29/2013 1:41:12 PM PDT by Maine Mariner
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