[1rudeboy]

LOL
Did you notice that the .gif I posted is for graduates of a four-year college program? If you don't want your wage to stagnate, then get educated. If it starts stagnating, then get more educated. Why is that so difficult to comprehend? Why is it so difficult to comprehend that wages rise and fall according to the demand for labor? What matters is that wages rise more often and in a greater amount than they fall, and by any measure, that is the case.

[redgolum]

Yes I did see it. Have you seen the placement stats for undergrad engineers? The market is very saturated, and while starting wages are high, the jobs aren't there. I work with 8 fellow chemical engineers, and all are working below that $55k supposed starting wage. Most of my classmates in college are also below that.

As to getting more educated, you are right. But for many engineering disciplines a masters won't help you and a PhD can work against you. Most engineers that go for higher ed go to an MBA (as am I), but typically they stop being engineers.