Education Pays

In: Employment US Economy

29 Nov 2011

A clear message from the US Bureau of Labor Statistics.

Thanks to E. Kanal for passing it on!

5 Responses to Education Pays

Michael

November 29th, 2011 at 2:08 pm

What’s not shown here is the variance among degree types. I can assure you you’ll make more money with a bachelors in Computer Science than a PhD in Philosophy!

Riley

November 29th, 2011 at 4:18 pm

What’s a “Professional Degree?”

Dan

November 29th, 2011 at 6:15 pm

http://www.payscale.com/best-colleges/degrees.asp

According to the link, there’s a $22k difference between compsci and philosophy bachelor degrees.

Now, who gets a doctorate in philosophy? People who go on to become professors of philosophy.

http://www1.salary.com/Professor-Philosophy-Salary.html

It appears from the chart that the bachelors of Compsci makes the same as the Professor of Philosophy.

So you might want to rethink this.

Ryan

November 30th, 2011 at 5:00 pm

I agree with Michael. My PhD in Neuroscience is currently getting me Associate Degree income. Sad but true for the majority of young scientists.

Relatedly, I’d like to see some information about age here. Young scientists (PhDs) get paid WAAAAAAAAAY less than older scientists.

MikeM

December 1st, 2011 at 4:26 pm

Correlation does not equal causation!

Certainly a smart and diligent individual can hold down a job and earn more than a lazy dope. They also are much more likely to pursue a higher education and achieve their degree. So what’s to say the degree has anything to do with causing them being a high earner?

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