- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: 1 out of 4 bachelor degrees and nearly half of masters degrees have a negative ROI
Posted on 5/9/24 at 4:33 pm to anc
Posted on 5/9/24 at 4:33 pm to anc
quote:
Boston University biochemistry degree
Present value of lifetime earnings with the degree: $1,881,894
Subtract present value of lifetime counterfactual earnings (incl. earnings while enrolled): $1,191,692
Subtract present value of tuition, fees, books, and supplies: $154,837
Return on investment (ROI) assuming on-time completion: $535,368
I would imagine most people with a biochemistry degree go on to get a master's or doctorate, or go to medical school.
Undergraduate science degrees are pretty useless without getting an advanced degree to go along with it.
3
Posted on 5/11/24 at 3:51 pm to Bjorn Cyborg
quote:
I would imagine most people with a biochemistry degree go on to get a master's or doctorate, or go to medical school.
Undergraduate science degrees are pretty useless without getting an advanced degree to go along with it.
Yes, and this exposes the major flaw in this "study"
quote:
counterfactual earnings
It's a shite methodology (by a biased organization trying to promote lower-class economics and populations by creating red meat for muh trades stupidity) by ignoring the reality of earning and education. I just exposed this stupidity on the OT in a muh trades circle jerk recently.
Posted on 5/11/24 at 6:06 pm to Bjorn Cyborg
I received a Chemistry degree from Mississippi College.
First 4 years as a Research Chemist made diddly.
Got into Chemical Sales and made more the last 15 years of my work career than a PHD.
its not the degree- its what you can pivot to with that degree.
First 4 years as a Research Chemist made diddly.
Got into Chemical Sales and made more the last 15 years of my work career than a PHD.
its not the degree- its what you can pivot to with that degree.
Posted on 5/11/24 at 10:53 pm to Bjorn Cyborg
You clearly don't know much about an undergrad science degree, it has unlimited options. The under grad degrees opens many doors and you generally begin to accelerate after about 2 years of experience if you're willing to move and/or aggressive to advance your career. The Masters/PHD really is of no benefit/required except to teach college or some R&D positions.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News