I think the breakdown of that by Major would present a different and far better picture for some, more dismal for others.
Yep. It is probably the key. Fluff Studies graduates are not only looking at lower pay, they are looking at a longer time and lower chance to actually land a job in their field.
I can’t easily verify this one way or another, but it doesn’t seem correct. 10 yrs. today vs. 25 yrs. in the 70’s to recoup? I would like to see college cost comparisons, adjusted for inflation, and subsequent salaries, also inflation adjusted. This just sounds like more journalistic lipstick being applied on the economic pig.
Maybe this is why Wymyns’ Studies majors are so bitter — they come out of college with a mountain of debt and realize that they will never make any money and that it will take them a lifetime to pay off their student loans.
Yes, I believe so. We're not talking entry level positions, we're talking careers, and while not everybody with a degree in Electrical Engineering makes more than anybody with a degree in Sociology, it's the way to bet.