On 7/30/2014 8:01 PM, Mike Palij wrote:
BTW, schools committed to business programs and engineering
programs dominate your top schools. It would seem that 5 year
salary is your favorite metric.
|"The list has nothing to do with gratification, survey data or
|what people think," said Mr. Schneider, in a not-so-subtle
|reference to the famous U.S. News and World Report school
|rankings. "It has to do with objective data."
|
|He explained that the new ranking system focuses on the
|balance between what students spend to attend a school and
|what they get after graduation.
|
Yes, but the focus on the 5-year mark misses a very important
issue about engineering degrees. Enginnering degrees have a
short shelf life. They have probably hit their peak earning point
about 5 years after graduation. After that it is going to be
either up in to management (a.k.a, administration) or you are
out. Engineering is like athletics. The typical career is
pretty short.
(EE guy: I know everything there is to know about vacuum tube
circuits:
Management: What do you know about transistors? So long.)
Ask Mr. Schneider to provide the mean salary data for the same
people at the 20 - 25 year mark post-graduation and I think you
will find that many are in much less lucrative second careers.
Ken
--
---------------------------------------------------------------
Kenneth M. Steele, Ph.D. [email protected]
Professor
Department of Psychology http://www.psych.appstate.edu
Appalachian State University
Boone, NC 28608
USA
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