My son is a high school senior, so the angst is rising about applying to colleges, wondering about majors, and, generally, life choices. This got me thinking: what does the PayScale salary data tell us about colleges, majors, careers, and income? It turns out that the PayScale data has a lot to say.
Of course, our data are about price, not value: how much people are paid to follow a given path, not whether that life is worth living. Yes, a chemical engineering major will receive a higher starting salary than a philosophy major. Whether the pay is worth ruining one's college years is not something PayScale data can answer :-)
In this post, I'll look at the obvious: what college majors lead to the highest pay straight out of school. Future posts will cover pay for majors 10 and 20 years out, differences between colleges - is the Ivy League worth the money? - and other interesting factoids, like that the chairman of PayScale, and CEO of Drugstore.com, both were music majors at small liberal arts colleges.
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