I always have my doubts about hot-news social science research ("Being liberal extends your life!"), but this research below seems solidly based in math (econ) and matches the impression I've had after some 64 years of inhabiting various college and university campuses and hanging at numerous coffee pots to hear the gossip. So for what it's worth:
The Postsecondary Education & Economics Research Center at American University, using research from the Yale Tobin Center for Economic Policy "found that graduate degrees in medicine, law and pharmacy generally have the highest return on investment. By contrast, degrees in popular fields such as social work, psychology, and curriculum and instruction may actually have a zero to negative return after factoring in the full cost." (WashPost)
Yikes.
2 comments:
" By contrast, degrees in popular fields such as social work, psychology, and curriculum and instruction may actually have a zero to negative return after factoring in the full cost." (WashPost)"
Well, DUH.
Lefties are all into soft stroking themselves due to their delusional self superiority, hence these degrees with no practical value.
Doctor? Practical value.
Dentist same.
Plumber? Even better. No student debt. Can start your own business before some idiot graduates as a gender counselor with 100K in debt and no job.
And Folks, I know y'all despise me, but I am going to give you some advice.
AI and Robotics are going to totally change all of this. They are going to eliminate jobs that are done on computer first. Business executives will be next, so you will get to see unemployed capitalists begging for work.
Doctors are going when the Robotics have the numbers, they are already being used in surgery now, will soon take it over, and it won't be long until you can buy a personal robot that will act as your doctor, trainer, caretaker, maid.
So, enjoy your paper degrees, they will soon be worthless.
What was the advice?
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