Andrea Fuller

speaker

302 appearances 4 recordings 1 series first heard Nov 2019 last heard Apr 2022

Andrea Fuller’s voice in public audio — every appearance, attributed to the second.

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WSJ Your Money Briefing · New Data: Which College Graduates Make the Most? · 21 Nov 2019 podcast

Majoring in math at MIT will net you $120,000 a year right out of school. voice-verified

That sounds really nice. voice-verified

But there's a lot of variation. voice-verified

Majoring in writing and rhetoric at even some Ivy League schools like Columbia yield pretty low salaries. voice-verified

I think it really varies. voice-verified

Right out of school, it seems like across the board, the top programs in terms of debt to income ratios being low were computer science programs at elite schools. voice-verified

But if you look down, there's a lot of variation amongst English programs and Russian. voice-verified

writing programs. voice-verified

At Brown University, for example, history majors earned more than biology majors. voice-verified

And there may be some sort of confounding factors there. voice-verified

For example, a lot of biology majors go on to med school. voice-verified

So perhaps those who are actively in the workforce, which this data measures, are doing something more of an interim figure. voice-verified

So experts caution that short-term earnings, what you earn your first year out of college, are not necessarily reflective of your long-term earning potential. voice-verified

But the Ed Department hopes to actually continue compiling these data year after year. voice-verified

I'll say this as a liberal arts major myself. voice-verified

My American Studies degree did not yield me $120,000 a year right out of school. voice-verified

However, a lot of people who major in liberal arts go on to graduate programs in law school, and that ultimately yields higher earnings or they do PhDs. voice-verified

There's a lot that can change in the course of a career. voice-verified

Colleges have long just been really worried about the caveats that students won't understand that this isn't reflective of long-term earnings. voice-verified

This is just what people are making in the first year out of school. voice-verified

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