My son did the right thing by ditching his interest in aerospace and going for a business degree. He has 15 days of class left before completing his business degree. His real estate business is going great.
"Why would anyone spend $40,000 to get a computer science or electrical engineering degree in the U.S. when the job market will be flooded with as many foreigners as want to come? You'll never earn enough to repay your student loans."
Because you can make $70,000 annually or more within a few years of graduation., and average salaries for engineers is toppoing $95,000 ...
"Today, many designers, managers and entrepreneurs have vaulted past $100,000, helping to pull the mean salary for the EE Times "2004 Worldwide Salary & Opinion Survey" to $96,400.
But it's not just CEOs and engineering vice presidents who have crashed the six-figure barrier. Among the respondents in the 2004 survey, 1,201 holding staff-level positions — senior engineers, project engineers and even some design engineers — are now in the $100,000+ category."
http://www.eet.com/showArticle.jhtml?articleID=30900112
"My son did the right thing by ditching his interest in aerospace and going for a business degree. He has 15 days of class left before completing his business degree. His real estate business is going great."
Great, but he could also do very well in aerospace if he's got the brains and passion for it, and it's got attractions beyond a salary.