Resources Thread: Finding What Your Education is Worth

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SUMMARY

The discussion centers on the value of education, specifically comparing the earning potential of physics majors versus engineering majors. The Georgetown University report, found at cew.georgetown.edu, indicates that physics majors rank in the middle tier of engineering disciplines regarding salary outcomes. Participants express interest in obtaining similar salary statistics for mathematics professors to evaluate the financial viability of pursuing academia versus industry roles.

PREREQUISITES
  • Understanding of educational statistics and salary data analysis
  • Familiarity with career paths in physics and engineering
  • Knowledge of academic versus industry employment dynamics
  • Basic research skills to locate and interpret educational resources
NEXT STEPS
  • Research the latest salary statistics for mathematics professors
  • Explore career outcomes for physics majors using the Georgetown University report
  • Investigate the earning potential of quants in finance compared to academic roles
  • Analyze trends in job market demand for engineering versus physics graduates
USEFUL FOR

Students considering physics or engineering majors, career advisors, and individuals evaluating the financial implications of pursuing academic versus industry careers.

TylerH
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I always find it interesting to compare the data for physics majors and engineering majors, because that seems to be a common decision for students entering university who enjoy physics, and often the reason for the choice of engineering is based on future earning potential.

It would seem that physics (not "physical sciences") majors fall into about the middle of the pack of the various engineering disciplines - according to this data. And that seems to be consistent from what I've seen elsewhere.
 
I'd like to get analogous stats about college professors, specifically, mathematics professors, but I can't find any. Similar to your inquiry I want to compare quants and professors in terms of pay, to get a good idea of whether it's worth it to sell out.
 

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