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This is, I think, an interesting topic, but there are a few things I find troubling/puzzling about the article: (1) It makes a big deal out of small difference
by ggchappell 12y ago
This is, I think, an interesting topic, but there are a few things I find troubling/puzzling about the article:
(1) It makes a big deal out of small differences.
> While computer scientists may make the most money right out of school, business is a more lucrative path in the long run. The 95th percentile of business majors (including graduate degrees) in terms of salary make $4.23 million over a lifetime, compared to $3.93 million for computer science majors, according to data collected by The Hamilton Project.
Okay, 7.6% more. Wow. The differences in the "strongly agree" percentages are a bit higher, but still not that big. I'm wondering whether the latter differences might be entirely chalked up to cultural differences in the fields that make people assign different meanings to "strongly agree" and "deeply interested".
(2) Looking at that 7.6% salary difference again, I have to wonder whether it's even correct. Part of the point of a business degree (or so I thought) is that you get a chance at the high levels of corporate leadership, where you get to make the big bucks. And yet, the 95th percentile of business majors makes barely more than the same percentile of C.S. majors? That doesn't sound right.
And that 95th percentile makes $4.23 million over their entire lifetime. Counting the working life as 42 years, that's just a hair over $100,000/year. Sounds seriously low to me. We're supposed to believe that only 5% of business majors make more than $100,000/year?
Or maybe business degrees are just a gigantic racket. But somehow I doubt that, too.
- gamechangr 12y agoYour response was pretty well thought out. I also immediately had a red flag with.... " We're supposed to believe that only 5% of business majors make more than $100,000 a year" Totally Agree