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Presenting The Best (And Worst) College Majors
A long time ago someone started a rumor that says college graduates will make around $1,000,000 more over their lifetime than those who only earn a high school degree.
Ok, maybe it’s not entirely fair to call it a “rumor” because we’re sure there are some statistics behind it, but as Jamie Dimon recently reminded us, statistics can’t be trusted, and even if in this case they could, the fact that the average college graduate enters the job market saddled with nearly $30,000 in student loan debt and the fact that — as Moody’s recently noted on the way to putting some $3 billion in student loan-backed ABS on review for downgrade — unemployment rates are high among recent graduates, have led some observers to question whether a college degree is still as valuable as it once was. Throw in relentlessly rising tuitions rates (meaning degrees will become ever more expensive over time), and you have the beginnings of what may be a compelling case against the utility of higher education in America.
Fortunately, there are still some majors out there which promise to reward students with high paying, full-time work upon graduation. Here, courtesy of a study from Georgetown, are the best and worst areas to major in if you hope to survive once the student loan checks stop showing up in the mail.
(Note: the dots in the middle of the bars represent the median salaries for a given major)
If it’s money you’re after, you don’t want to be a social worker and probably not a psychologist either…
... and you definitely do not want to major in any of the liberal arts…
...or any other kind of arts for that matter…
...but you might want to consider being a doctor…
...or a finance executive…
...but if you really want to make some serious cash right out of college, you’ll help find oil…
...and if you really want to struggle, you'll teach children...
Here's a bit of color from the report:
STEM (science, technology, engineering, and mathematics), health, and business majors are the highest paying, leading to average annual wages of $37,000 or more at the entry level and an average of $65,000 or more annually over the course of a recipient’s career.
The 10 majors with the lowest median earnings are: early childhood education ($39,000); human services and community organization ($41,000); studio arts, social work, teacher education, and visual and performing arts ($42,000); theology and religious vocations, and elementary education ($43,000); drama and theater arts and family and community service ($45,000).
And a bit more from Bloomberg:
Georgetown University's Center on Education and the Workforce analyzed Census Bureau data to determine the average wages for 137 college majors and found that students who focused on architecture and engineering come out on top, with a $50,000 starting salary.
Within that group, those who studied the skills needed for oil jobs got paid best. People who majored in petroleum engineering made an average of $135,754 a year by their mid to late 20s—more than any other major.
Then there are the jobs people do more for love than cash: Early childhood education majors pulled in the least, making an average of $39,097 a year. While that's still a significant bump over high school graduates, who typically pull in $22,000 a year, it's a drastic cut of what STEM and business majors reported making a couple years out of college.
"A college major isn't destiny," said Anthony Carnevale, director of the Center and the report's lead author. But it does appear to be a more significant factor than some college counselors and brochures might suggest. "For today's high school graduates, and an increasing share of middle-aged adults who are pursuing a bachelor's degree, the decision about what to major in will have critical economic consequences for the rest of their lives," Carnevale said.
To summarize: drilling for oil is important, educating America's youth ... not so much.
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Where did Corinthian colleges fall?
Take the $150K your parents give you for college (by mortgaging their house/co-siging), BTATH and make mucho dinero. Buy a couch, a playstation, cheetos, and some baby wipes to keep your dick clean from cheetos.
If you lose it all, you can say "sorry mom" and hang out in the basement for 3-5 years before they are foreclosed on.
Bachelors in #8, masters in #3 ... not bad. Engineering won't help you get to the big club any more than finance, though, for that you need connections and luck as well as work ethic.
the thing about that 'Economics Major' is that it's not talking about undergraduates... no one makes jack shit with just an BBA or BA in Economics. So they're comparing PhDs and MAs of Economics to MSc of Engineering (with certification of course)
so the engineering undergrads are even better yet because they don't require you to waste time on a MA or PhD
Why are there 3 bars in each category?
Women's Studies majors should be treated like lepers,
because they are.
What could be a better catch than a dumb, bitter feminist cunt with $100,000 debt from a liberal arts college?
Sure. There's ZERO chance she'll use you to pay off debts, then divorce you for half of your net worth when leaving you to become a lesbian.
Yes, but in the meantime, you'll be getting all these fabulous blo - never mind.
is that where all the DMV workers come from?
I thought they hired them from people in line at the plasma center. Now I just go to AAA for vehicle matters.
How about one with a degree in Black Women's Studies?
Or Gay Black Womens' Studies?
Or Gay Black Women Writers Studies?
Lesbian Chicana Poetry.
Cutting edge, yet long suppressed, LCP is finally coming into its own.
NPR says so, so you know it's true. Or at least it ought to be.
Arriba, Lesbianas!! Arriba!!!
The top bar is Bachelor's degree, the bottom bar is post grad degree, the white dots are the median salary for each degree, and the middle bar is the median spread.
I noticed that they left out working for the Police State - in 2002 the STARTING wage for a New York State Trooper was $74,000 a year... IDK what it is now.
Ridiculous amount for a fuzzy.
Why would anyone ever again do a real job?
so basically...
fuck the kids.
(we're screwed)
yeah but what I meant what skews it about 'Undergrad Economics' is that Econ and Engineering are the top undergrads for law school, and other technical Master Degrees like Financial Engineering (most MSc in financial engineering come from either economics or mathematics because usually finance undergrads have laughable math backgrounds)
so when you look at data how much salary those with 'Undergrad Economics' but not a MA or PhD in Econ, it's going to be skewed in a way that doesn't tell the whole story -- the salary they're making is in a very large part NOT from just the pure econ undergrad and the study clearly states that a lot of the undergrad data can be polluted by higher education they couldn't filter out
I walked by a job site where workers were picketing in lower Manhattan a couple of years ago. They were handing out flyers showing why you should join the local Carpenters' Union.
If you work 6 months and collect unemployment for 6 months on a union job, you make $75,000 a year.
Something is wrong here.
Is it wrong or is your perception wrong? I actually agree with you, yet I get this really odd vibe that something is really screwed up.
Because its college..and they have a lot of bars
That's not true if you go to Wharton. Upon graduation my husband was recruited by Greenspan, the Cia, and the Treasury dept. he went with Treasury until he got disgusted and left the field.
Major in Cronie ?
We need Technocratic pencil-pushers for the Neofeudal Outer Party, not those skilled in the Active and Passive Literacies who can think their way around the rhetoriticians currently "social engineering" our own demise.
C'mon, man, get with the program(ming major) ;)
A man with a plan.
"Where did Corinthian colleges fall?"
The toilet
Corinthian Colleges once had 110,000 students enrolled at 100 schools which were in good standing with accreditors until last summer. Corinthian Colleges was killed by the Department of Education which had fined the college $30 million for misrepresenting job placement rates according to a lawsuit alleged by California Attorney General Kamala Harris. Most of the alleged violations were paperwork errors involving roughly 900 students since 2007. The penalty scared away potential buyers. Now the closure of the college displaces 16,000 students set to graduate and 2,500 workers. The Department of Education is going to allow students to discharge federal student debts, which means taxpayers will be on the hook for hundreds of millions of dollars.
http://news.yahoo.com/corinthian-colleges-shut-down-28-remaining-campuse...
They're a piece of shit diploma mill just like U of Phoenix and Cappella. How the fuck do you charge students 10 times more than a community college for online courses taught by people with bachelors degrees?
Apparently it was pretty easy, which explains all the shit schools popping up.
"...but if you really want to make some serious cash right out of college, you’ll help find oil…"
It's in the storage closet, fill the fryer up to the full line...
I see nuclear engineering did not make the list.
Clue: It ranks right below petroleum engineer in terms of salaries.
A History Major only making under 60k. I thought there would be tons of money to be made being a revisionist writing False Narratives, PsyOp & Propaganda Scripts in a career working for the Pure Evil Criminal CIA / Pentagram / State Dept.
Then a side gig on the Presstitute Media peddling the Scripts on or off the Camera.
Well, there's also work to be found being a Fluffer in the Porn Industry.
The salary doesn't really matter if you can't get a job.
So I have two Chemical Engineering and one PhD Biochemistry resumes on my desk, all three recent grads.
Can't find jobs, and when they do, won't be anything near what those tables above show.
Never thought I'd see this in my lifetime.
They might be able to make money the Walter White way
Let me hazard a guess - the job position is completely unrelated to either of those fields?
These graphs are for employed grads. Many with these degrees never see a job in their field. Colleges train students in numbers the real economy can never absorb. A degree is not a job, a job is a job. An emplyer must have need, so the employer must have demand for his products. Demand = jobs.
Lower and lwoer wages for the 90% indicate demand is going to fall. As for many engineering fields, look at how many work in a direct or secondary capacity to the military industrial complex. Of all my high school friends who made it big in engineering, ALL of them, except one, made it in defense related industires, where government spends 1/2 a trillion a year on buying weapons.
I didn't realize until far along in the process of "waking up" that I was raised on Northrup Gruman bread and Lockheed Martin butter. We lived good and I didn't realize it, because many around us were even more connected with or within government.
One day it just kinda dawned on me. Later I served the MIC. And now I make far less money, but am at least happy....except for the realization that I'm getting shafted for actually producing value. But overall, I am happy to have no connection to working for government (at least I think so)
H-1B work visa and employer-sponsored green-card programs are bringing in workers who are directly displacing American workers.
A 1989 internal National Science Foundation report forecast that the H-1B program, then in the proposal stage, would result in a flood of foreign students into U.S. doctoral programs. The report stated that this would cause wages to stagnate, driving American science, technology, engineering, and math students into finance and law—exactly what did occur.
http://online.barrons.com/articles/SB50001424052748703578204578523472393...
http://www.motherjones.com/politics/2013/02/silicon-valley-h1b-visas-hur...
I heard some fucked up shit about how management in certain bigTech (*cough* Cisco) have been gaming their employers by cutting employee count and hiring contractors, or switching over employees to contractor positions so that their managerial incentive/comission, based on revenue per employee (not contractor), is above the threshold for top bonuses. The top management has eventually caught on and said "fuck that, we're gonnna keep our own contractor pool", and have established off-shore contractor pools. So companies like Wipro in India lease out contractors to Cisco, and the work trickles on down to them.
No room for American grads... :-(
(*cough* Qualcomm)
Foreign work is cheaper.... it's all true... my company too does this..... sometimes they call the IT work in the datacenter ( follow the sun) or other such things where they hire foreign workers for 2/3 of the work being done etc. etc.
It's hard breaking in no matter how much education you have now but..... If you are very smart and work hard at it... you'll get on somewhere and once you have some solid experience, you can do what you want.
I've been lucky.... I didn't start in this environment..... I lived in and through the tech boom.... I was working at a large west coast phone company working with large unix systems before anyone knew what the internet was back in the early 90s.... I remember finding mozilla.... actually it was called mosaic and, it would only run on sun machines running SunOS... lol.... we adopted it for internal software documentation etc.... nobody out there had a website yet..... we had a fractional T1 to the internet where we could ftp to the universities and download stuff they were working on etc..... we ran a Usenet news link too..... and, we were lucky to have all of that back then. LOL
I loaded Linux on my personal computer in 1992.... it was the slackware version.... I had to download it from sunsite.unc.edu on to 83 3.5" diskettes using a unix 'dd' command. lol..... had to configure the x-windows by figuring out the horizontal sync freq. of the monitor I was using and manually set up the graphics card based on dot clock frequencies etc. etc. lol..... it's come a long way since then. haha
From what I read, only half the engineering grads make it to decent full time positions, and meanwhile Zuck and Ballmer are out there whining about a crisis shortage and we must import more bodies.
Engineering and mining are up and down like a yo yo.
Stability matters. Become a fireman, or a dentist.
Or a "civil servant". Then help yourself up some of those bribes.
Always employed. Always loaded. If you get caught, you just go "civil serve" somewhere else.
Rinse, repeat.
If you have the guts for productive self-employment, go large animal vet.
Your clients' spending is pretty much non-discretionary, and there are openings in Paraguay and New Zealand, so the radioactivity will reach you last.
Engineering... esp with computers changes and changes quickly. I guy with a 5yr old degree is useless unless he's furthered his or her education every day by learning and applying new technology as i\t comes out. Having the paperwork that said you got through college doesn't mean squat unless you know how to do something practical.
I was luckly.... I never graduated from any college but, was a quick study.... I'm woirking in a cloud roll out for a very large, very old phone company..... all the new equipment that uses openstack cloud technology is all API driven.... I both use their APIs and write some of my own..... now, we're going to software defined networks and virtual everything..... software guys writing and using these new APIs are setting it up and tearing it down.... Virtual routers, virtual load balancers.... even attaching to storage is via ISCSI connections set up and torn down via virtual routing and running api calls against the storage equipment...... and you can forget spinning disk drives.... it's all solid state now..... and, wow they new stuff is fast.
It's fine writing C++ and other lower level languages but, the rapid devel stuff is where I'm at right now.... django, python, java running ajax/json calls into either my own backend framework or having my framework call other stuff on on the network to set it up, tear it down or configure it on the fly.
I'm meeting with a VP today to show him my latest work..... it's pretty exciting, honestly.... so now, a guy with a computer science degree attempting to break into cloud technology would be hard even unless he understands IP routing, large storage systems... the idea of load balancers and virtual DNS that will pick the right load balancer depending on where your IP address is located etc. etc. etc.
A basic understanding of languages just isn't enough anymore.
There is no way a guy could end up where I have without a degree anymore..... I started on unix systems in the 80s and taught myself just about everything I know.... there's no way almost any company would give a guy a shot without a masters anymore. lol
The age of cranky old system guys running large systems is OVER.... now your system is kept as a file residing on object storage somewhere in the cloud and, it can be set up, modified and torn down in seconds..... that larget system has become racks and racks of blade servers sitting in front of massive networking equipment with more racks and racks of solid state storage systems...... you applications now run as end points.... it takes minutes to begin a new project and deploy compute and or storage to it..... it's a brave new world as it concerns computing these days.
All those jobs that ran the bare metal specialized hardware.... those jobs are all about to end.... a whole LOT of them are about to end.... the new equipment is maintained by service contracts and it's all plug and play...
IT is all in flux right now and, unless you're on the right path... you could easily become a statistic....
Very true. I studied electrical engineering in the late 70's, and virtually everything I learned about computers/software/hardware is obsolete. (Assembler still works, but I can't code in it for sh*t.) Karnaugh maps? 4k static RAM using bipolar transistors? LISP? Pretty much useless, except they gave me a framework to hang everything else on.
Marshall Macluhan said it back in the 60's: "The dominant form of work in the future will be paid learning." Right now, I'm a reporting analyst. Virtually every new report is a problem to be solved - how to get this data organized with that data? - so I'm never doing the same thing twice. Adaptability and creativity are the key skills that keep me going.
Or the only jobs that you can get are 24 hours a week. Welcome to the new norm.
Then too are the colleges pumping out new workers (I'm talking RN's) by the scores, with the effect of dragging down initial earnings, while at the same time depleting jobs for those who are experienced. After all why hire an experienced (say 10 years) RN @$65k when you can hire a newbie at $32?
Everyone knows the best degree is a PhD in Hogwash from Princeton.
I was accepted to Princeton...couldn't afford to go without loans.
Dr. Dickhead is reviewing my thesis there on the impact of his beard on aggregate demand.
dats rayciss
$30K of student debt is no big deal - IF you can find a good job after graduating.
It is not a debt load problem - it is a job problem.
For the common American high school graduate -
"You want engineering? You can't handle engineering!!!"
Common Core Engineering F=mA (sorta)
I dated a girl who had a degree in Communcations. She took a class called Physics without Math. No joke. That was over 20 uears ago.
At MIT they have (or had) Physics for Poets for students who were non-engineering/science majors. There was still math though, heck even many of their non-science classes had math thrown in one way or another.
Hey high school grads...
1. If you have a known mass (63 grains) moving at a known initial speed (3080 fps), then... what is (a) its Energy, and (b) its price, if made of Pb?
2. How do you convert vegetable oil or animal fat into diesel, and what are some of the uses of the byproducts?
Any grads with knowledge and reasoning skills that a self-respecting student would have? Anyone? Buehler? Anyone?
What if there were no jobs of ANY kind...?
Utopia!
Nobody works, everybody gets EBT and Section 8, free birth control and millions of useless eater baby kids.
#abortedblacklivesmatter*
* perfect display of fucked up morals and ethics of goobermint.
Write poetry,
and sell crack.
Don't forget to write poetry about crack. But don't count on it selling.
Bukowki already did.
Thanks for the laugh Knuckles.
Then attend science or engineering classes and learn how to make stuff.
E..g. taking Chem 020 and then Organic Chem lets you become an Apprentice to a guy named Heisenberg, while enjoying the benefits outlined by knuckles above.
It is so unfortuante that engineers often seem to engineer things without much concern of how to service what they engineered.
My experience with engineers is they tend to have their head in the clouds, and they view technicans as Morlocks.
That shortcoming makes moar work for you doesn't it?
Downvoted because before I ever became an engineer, I was a technician. I recognize that some engineers view technicians as Morlocks, but only because those engineers have never once in their life actually done anything with their hands. The Chinese and Indian engineers generally can't fix a damn thing.
However, having stated that, there are a lot of extremely crappy Morlock technicians out there. And I for one can recognize the difference. If you do find a great technician, pay him whatever he wants. Do not question this. He will ultimately determine the difference between success and failure in your company. True debugging skills are extremely rare in both engineers and technicians.
Standard Disclaimer: A wise man once told me if someone quits at work, learn their job. You will never be out of work long.
agreed, cheech. see my comment below on tech hiring and kids who can't do real work.
a further extension along what you are saying.....when hiring a technician or engineer, i'll often (while pouring them coffee or something) try to get an off-topic conversation going about cars. if they start gushing about their souped up car that they rebuilt thrice in high school, they are already halfway hired. (not that i care about cars myself, but it says they can use their hands and aren't intimidated by tools.)
Agreed. Some of the best engineers I know were "experiementers" when young... souping up cars, and whatever else. Farm kids are great too as they learned to fix almost anything on the fly or you don't make harvest... me included!
If an engineer can't go to the shop and use a lathe/mill ect.. and make something properly they shouldn't be designing anything.
I actually took up woodworking in my spare time because I was spending far too much time at work sitting in front of the monitor.
Surprising what one can accomplish with a little practice after a few false starts. I still have that first bowl I turned.
@cheech Doing that now. The funny thing is, he didn't even leave recently, it was several years ago and yet no one took up that area, we just relied on vendors to tell us what we needed to know. But it's mine now.
And yes, a good knowledgable technician makes the difference between getting a project done in a few months versus floundering a year with it to get the same result.
Well said Cheech, I myself was a technician and got my masters in Civil engineering and it has grealty helped me in understanding what is actually going on field and ground level and spotting if the contractor knows what he is doing and talking. Competent contractors and technicians will save you money and time...I have great respect and admiration for them especially when doing big projects. Thank you all and be safe on workplace folks!
Um, you have obviously never worked in Engineering. Marketing tells us what they want, gives us 20% of the requested budget we need....after 2 years from starting from a turd design we finally arrive at the budget we requested from the start but have built a design on a turd.
Marketing execs dictate engineering budgets and designs. I personally hate the cock suckers (marketing execs).
lol... I love those statements.
Don't get me wrong, there are poor engineers ect... However, in the corp world most the time a design is "forced" based on given timeline, budget or conflicting requirements handed down from management or regulations. Give a good engineer some time to actually think outside of a drab cubicle (allowing ones mind to float connects the front to back brain and produces exceptional creativity), and a budget and great things can happen.
My best ideas/designs come sitting in my yard sketching, cleaning the garage, running, going for a walk ect.. without people hounding me. I work from home consulting, solving problems the corp engineers can't or don't have time for.
>Give a good engineer some time to actually think outside of a drab cubicle
A pencil/napkin and Chivas at the local strip bar... SUN Microsystems never did figure out how I came up with solutions to some of their more vexing problems...
It is so unfortuante that engineers often seem to...
Have neither spine nor morals. It was they who built the NSA beast.
Why isn't the Porn Star major listed?
Yeah they obviously missed the "I made $6K last month by working from the internet".....fuck oil, get you an internet job like the spammers post here....that's the ticket there.
I look at 90% of these degrees, and am so bewildered. Someone originally had to learn these skills without teachers.
We need more majors that teach people how to think for themselves, and how to procure the knowledge they need through good communicatory skills.
We need more networking and accessibility to materials and like minded individuals outside of the .gov curriculum.
Oh come on, Yen. Classical education (which I enjoyed for about 5 years in Britain back in the late 60's) which is an exercise in learning to use one's intellectual assets (How to think as opposed to what to think.) as opposed to rote memory, is racist, biased, etc., because some cultures do not display the native intelligence necessary to succeed in such climates.
Then Heavens to Fucking Betsy, we now find that some exercises in rote memory appear to be just as biased as some cultures just do not have the native intelligence to .... on, never the fuck mind ....
So in the name of equality (Which is anything BUT) we just wind up giving everybody, equally, certificates of participation.
To which the concomitant result is a dissolution of the general fabric of civilization.
Ozymandias and Toot Sweet, Buddy!
Fortunately - I kept my mind clear by skipping all classes.
Believe me, it was a real shock to have to "think" when first immersed in that style of education as the degrees of freedom and necessity to think, research and self motivate were overwhelmingly new and innovative ..... and an even greater shock and rather depressing when repatriated to the textbook wrote memory/lecture process.
Our entire system of "learning" is not such ..... and Perfectly Designed for Brain Washing/Propaganda
Knuks have you tried the new Michelle O. "brain matter" " flavored JelloR ?
Ironically (whoa) it's probably an advantage to not have taken the Mainstream indoctrination when 'questioning everything'. At the same time, all experiences are somewhat Of an indoctrination.
Yes .... I broke down and cried.
Bullshit.
Modern pedagogy entirely about teaching how to think. They won that fight when the DoE was created. Ever wonder why all of those popular "are you as smart as a high-school student from 1910" quizzes only test for fact-recall and none of them test for persuasive writing, critical reasoning, capacity for abstraction, etc. etc. etc.? Because it didn't exist outside of a select few graduate-level college departments.
Somehow, though, they've failed at both. No one knows anything but they also don't know about anything either, and even better, they have no desire to learn and couldn't care less.
Gee, you mean massively subsidizing and commodifying learning didn't actually turn everyone into a scholar-genius? You mean instead it made people feel smug about their infinitescimal body of knowledge and entitled to have their opinion considered "informed" (in the same way that eating at Taco Bell makes one "informed" about Mexican/Mesoamerican/Hispanic culture).
Public education has never been intended to do anything but produce what we might refer to as culturally-well-assimilated citizens. It's cultural programming daycare and nothing more. You learn everything you need to be a model tax-donkey (or bureaucrat, or more likely, welfare leech). Wjat you are really being taught is how to follow orders, how to receive instructions and carry out tasks with and without direct (managerial) supervision, how to cooperate even when it is not beneficial, how to shut up and sit down, how to receive punishment, how to be graded and assessed and categorized and classified, how to schedule work and manage time. In other words, how to carry out a mind-numbing repetitive dead-end menial job in a modern economy without the need for things like armed guards, constant supervision, endless incentives.
It is entirely about teaching people how to think, namely, like a human automaton whose programming is an infinite loop of something like eat-work-buy-consume-pay taxes-don't rock the fucking boat.
I went to a pre-K 4 orientation and I remember the fancy montessori school orientation. It is all about being free... to follow exact instructions from some douchebag by yourself. They are doing this with 3 and 4 year olds. It really is training for automated drone.
How to procure knowledge >>> www.google.com. How to speak good ... watch Horrible Bosses 2
How to speak well... but I get where you're coming from.
We've come to this: DISTRUST ALL C,D,E,F,G
Chemicals: GMO, RoundUp, Statins, SSRIs
Digital: email, vmail, cellphone conversations, internet downloads, apps
Education: dumbed-down propaganda
Financial: anything from a banker
Government: of course
We're going to need more Indians...
Good to know that the useful degrees get the most but I wonder are the job prospects as good as the graphs suggest? The Humanities are fine if you're a vibrant and/or a woman as there's no shortage of make-up jobs as Diversity Manager, Equal Opportunity Evangelist......
Sociology and African American Studies joint degree should do well.
Key word being "joint"!
dupe
Riot 101, Socal Justice 201, Victimology as an elective
Transgender, a trending inclusion on any self respecting resume ... I wear my mom's thong and like it
G
I have a 2 year degree in mathematics but then I decided I never wanted to work again so I became an English major. Instead of me paying them, thay pay me to study my Moby Dick.
So basically we are rewarding people to destroy the planet rather than educate the human race...ok
The other day as I walked thru a parking lot, I noted a work van parked. "Off Grid, solar energy, satellite communication systems" was the thrust of their logo.
It struck me as a very viable career choice for these times: helping folk in getting off & out of the "system".
And to all who scoff, considering the rapidity & extent with which markets could break and the attendant supply chain implications, better to be five years too early than five minutes too late.
(On a side note, seriously, you don't also expect to buy & take delivery of PMs after a "crisis" ...do you?)
That would be a hate crime or something bro, can't be doing shit like that these days.
The best way to avoid being "caught" would be ...not being there to be harvested.
Further subdivisions would help separate some of the arguments above regarding technology......
.....if you need to hire an EE with knowledge/experience in power electronics and/or analog electronics, it is very difficult to find, even though there are a lot of EEs. most of the kids coming out of college have spent their time learning how to write web pages.
.....if you need to hire a programmer who is able to write highly efficient computationally intensive code that works, it is very difficult to find, even there are a lot of CS majors. most of the kids coming out of college have spent their time learning how to write web pages. (they code in the latest interpreted language of the day, i.e. python....never seen C, much less Fortran).
.....if you want to hire a physicist who can simultaneously design electronic hardware, work out heat transfer problems, and understand gas dynamics, forget it. kids out of college are either into string theory or climatology.
moral: colleges aren't teaching kids how to do practical things in STEM. if you want to hire young blood that make stuff that works, you have to look very hard and pay a lot.
>.....if you need to hire an EE with knowledge/experience in power electronics and/or analog electronics,
Know anyone? The company I work for is always looking for an analog test engineer...
The areas of specialization in the electronics field is huge.
Whether you are a digital or an analog EE, you can then become a product, sustaining, test, verification, design, or quality engineer in either of those two categories.
Power engineering is another route entirely.
I'm a principal staff power management EE. Smartphones and the like. Real miserly stuff. I do know a few good folks out of work that would fit the bill. Where are you located? I sent you a contact request. May be able to help you out there.
I'm in Vegas. Many of my clients with needs of this sort are in Boston.
Position is in the Midwest. (Land of Oz) looking for a test engineer (preferably analog)...
In brief, a qualified candidate has education and/or experience in test program development of semiconductor devices. This position requires an understanding of semiconductor test methods and Automated Test Equipment.
The broader the knowledge base of the candidate, the more likely he'll get an interview and the job.
For hardware, I cannot argue with your assessment. As for software, don't hate on interpreter languages - hate on the mentality of the programmer. Those who don't design with resource scarcity and efficiency in mind, even when resources are not scare and you can be horribly inneficient, will never design good systems. Recently I have written bring up tools, a firmware upgrade utility, and manufacturing tools for a USB-interfaced board, all in python. C still remains the bread and butter, but python has played a huge role in reducing cost and time for development for some types of SW components.
It's amazing how little EEs today know about hardware and hardware components, let alone assembling some COTS components to make something relatively simple.
A Choke
I have a guy that works for me that is self taught and programs in C+, C#, you name it he can do it. He wrote the SCADA system for our entire plant that monitors over 1,000 data points, tracks downtime, scrap, and is a historian for all bulk storage temps, weights , you name it. Simply amazing, at 32 he could work for anybody and earn $200K. He came up with an algorithim for process control that puts PID to shame. I am thankful he works for me. He is hourly and I give him enough OT so that he makes more than I do. He never went to one college class. It shows you that intelligence doesn't have to be learned in college.
Psychiatrist....I still talk to one , kinda became friends been so long now....anyway he had his own practice for years until few years ago...insurance wouldn't pay bills , cost of his insurance etc...had to shut his place down..
I had always paid cash...all those years of school now he works for a "group" on a salary huge haircut...has to go to different locations etc....good man...
re: petroleum engineering. i have a friend who went that way. he did nearly 20 years in saudi arabia, made decent money, then came back to the states and basically was forced into retirement. not too many options open, and he's too burnt out to retrain. not sure if he stashed enough away overseas to make up for it (not my business to ask.....)
What do I take to become an Elitist
O/T ... Hey, BEAR did you catch the 250 pip gap up in cable? Obviously the elections. I just shorted it.
That gap needs to get filled , and based on what I've read the status ~quo doesn't change much.
I covered my eur/usd short for some pips and switched over to cable. The eur/gbp is going to be some fun going into London with the U.S. macro in the morning. ;-)
Not simply an elitist, Bear. Anybody can do that. You want to become a CREDENTIALLED elitist, that is where the coin lie.
I have a relative who is both a lawyer who has never practiced a day of law, and a psychiatrist who has never practiced a day of medicine. Her services are always in demand as an EXPERT WITNESS.
Kangaroo courts are always in need of made-up bullshit.
Honestly, this sounds like a pitch from the NEA/K-12 cartel. Everyone knows K-12 is the best part time job in the world. No mention of taxpayer funded health bennies (no Obamacare for teachers!) that can top $20K annually, plus free time off to use the bennies. Add in the zero chance of losing your job after tenure (which is what, two years?) and lifetime pension payments with guaranteed cost of living increases. And it is a part-time job. 9 months of school per year, riddled with days off: late start, early release, "teacher work days" (formerly called "school"), spring break, midwinter break and every known holiday in this hemisphere. All paid.
Of course, no rock star status in K-12. That's reserved for the Higher Ed cartel, which is where the real fleecing begins! Think Krugman, Warren, Van Jones. Permanent sabbatical and private jets forever. Guess who picks up the tab, kid.
And BS on the health majors. Do you really want to 10 years of college debt to work for Obamacare? And it won't be $30K, wherever that number comes from.
You asshats at ZH [who more than likely have majored in Gender Studies] need to stop cluttering this site with worthless popup shit like the need for me to get a 50+ age girlfriend, buy gold coins, etc. Whatever happened to this place? For Christ's sake, it takes my laptop 10 minutes to load all the shit you put on here. Stop this fucking nonsense.
www.traderzoo.mobi
And all of this is why as a nation we are failing, Two simple quotions that are germaine.
1. THOSE IGNORANT OF HISTORY ARE DOOMED TO REPEAT IT FAILURES.
2." FACTS ARE LIKE A VENTROLIQISTS DUMMY. SITTING ON THE KNEE OF A WISE MAN, THEY MAY BE MADE TO UTTER WORDS OF WISDOM; ELESEWHERE THEY SAY NOTHING OR SPEAK SHEER NONSENSE" Alodus Huxkley.
WE have become a nation of itiots. Milestones
"Itiots" kind Of ruined it for me
and it's germane
"Germane"??? Looks like English, to me.
I coulda been an engineer but I was afraid of trains.
You could become a Financial Engineer and build "Innovative Financial Products" that steal from people.
What degree do you need to steal Yellens job, thats the only job I am interested in, the one where I sit at a desk and press "print money".
O wait, you dont need a degree, just a little time, an intaglio press and some imported ink and paper and maybe a good quality etching machine. . . so say for an investment of maybe . . . 9000$ or so you can be just like old Yeller and Helicopter Ben.
It is mandatory to be a descendant of Shem as well. Greenspan, Bernanke, and Yellen as well as Lew, Geithner, and Orszag all are.
Don't bother to apply to the FED if you are descended from Adam.
Many oilfield engineers make a hell of alot more than 130,000, there a quite a few guys just working on oilfield rigs that break 6 figures. I know at least a few oil rig consultants that clear 300,000. A decent pipe welder easily clears 6 figures, I know at least two welders that incorporated and expanded in the industry that are self made millionaires.
Of course, all of these people regularly risk their lives and there are too many downfalls of the industry to list. People don't want to send their kids to learn skilled labor because they think it is low class so they send them to art and business school. It can take up to ten years to be worth a shit in any of these fields and the good ones are retiring in droves, it's an old fashioned supply and demand pinch. In the old days, before NAFTA damn near all diesel mechanics, electricians, high pressure welders etc made money.
That's the case with all engineering (and other) jobs- the sheepskin just gets you in the door.
The figures shown above are the average income- many earn more, many earn less.
Top of the line telecom/datacom engineers in the 1980's were making 6 figures; those in the 1990's were making near 7 figures; those in the 2000's were making 7 figures.
During each of those decades, the bottom of the line never broke 6 figures.
The law of averages applies.
So, according to this chart, not much has changed since I graduated high school in the late '70's. USSA has never paid teachers what they are worth. And Americans have been shown to not give one shit for their own children. Big surprise.
There aren't any real teachers left in the public school system.
Just common core indoctrinators.
Brought to you by Edward Bernays.
That's a broad brush Cochese. There are still some good teachers left. They just have to maneuver the system, like any asshole in a cubicle. I happen to agree with Rob. You get what you pay for. Also, it's state to state. Common Core will be gone soon enough.
It's good to be an electrical engineer. :)
Charts must be for New York. Wages lots of places are lower.
our non-competitive public education system has become little more than a tool for wealth transfer / money laundering and progressive / marxist indoctrination. our schools have been transformed into dependence / dumbocrat factories.
the american dream used to be a home, taxpayers spend the equivalent putting one child through high school, a combination of parents, students, and taxpayers spend the equivalent of ANOTHER to put a kid through college...two american dreams spent before a dollar of return, opportunity lost for inefficient use of wealth.
My son is a Petroleum Engineer, 25 years old, and earns $156,000.00 a year.....more than his old man. My daughter is will be a college senior next fall also in Petroleum Engineering....4.0 gpa----women with engineering degrees appear to be in very, very high demand. She had 4 different summer internship offers. My role is to just pay the damn tuition............
I don't see any PhD Economic basket weaving degrees?
That's under EBT and WIC category...
I think manufacturing these is more useful than looking for oil, since these provide energy in forms we can use, and do not poison our air and water.
http://www.blacklightpower.com/technology/validation-reports/
http://pesn.com/2015/04/15/9602603_Paramahamsa-Tewari_Reactionless-AC-Synchronous-Generator_RLG_prepping-for-commercial-roll-out/
http://intalek.com/AuroraTekInfo/PUP3000UC_SpecSheet.pdf
http://magengltd.webs.com/independent-verification
http://stanmeyerreplications.net/
Yeah. Academia. The worst fuckups in the world. Lawyers. Doctors. Business majors. Go to college, kids. Volunteer to be molested by tenured POS and banksters. Do 4 more years...
Bullllsshhiitt
Mandatory professor cocksucking to get your degree isn't on the list. Neither is Raysism as preached by a schizophrenic bimodal homo token bar associate, with an inferiority complex.
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