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by trimbo 932 days ago
Studying the humanities puts people in debt to the tune of $100K, sometimes $250K, to get a job that pays $50K.

The problem isn't that humanities jobs are all worthless, it's that there are a very, very limited number that have enough of a value add to society to make a good living. For every successful author/artist there are 100 or 1000 struggling ones. The numbers just don't work.

Universities--especially private big-name art schools--have preyed on this lack of perspective on this asymmetry. The other commenter is right about administrative costs, but this particular scam of selling an unrealistic dream has got to stop somewhere.

5 comments

> Studying the humanities puts people in debt to the tune of $100K, sometimes $250K, to get a job that pays $50K.

Does it? I'm serious. I see people say all the time that incomes of people with stem vs humanities degrees get so cleanly bucketed. But the actual data that I see from the universities I've been involved with are far less clear. The distributions are wide and overlap within individual majors, within BA/BS distinctions, and within STEM/Humanities distinctions. We don't see this sort of discourse about how sad it is that biology majors exist when they could otherwise be studying computer science.

Yes, computer science graduates have higher average starting salaries than music performance graduates. But it does not clearly convert into "humanities graduates get low paying jobs and stem graduates get high paying jobs." It is further complicated by the actual social merit of various jobs coming out of these disciplines. A math major who goes to graduate school to do pure math research gets paid way way less than a math major who goes and does analytics for a trading firm. But... I'm not certain that we actually want the government to push people towards doing analytics on Wall Street.

A humanities degree doesn't mean you have to rely on art as your primary source of income. I have a B.A. and work in software; my partner has a B.A. and works in finance.
I have a degree in English lit from a second-tier state school (admittedly, a very good second-tier state school, as these things go -- my favorite professor/mentor was a UC Berkeley grad in medieval studies). My wife has a degree in mathematics from the University of Washington -- generally considered a top-10 math program in the US, and a top-50 university internationally.

I work in a front-office engineering role at a successful quant hedge fund, after a decade working in FAANG and equivalents. My wife is a stay-at-home wife/fur-mom.

Incidentally, I also graduated with total debt of about $13k, which I paid off six years after graduating with my first paycheck from Amazon. I know several other people from my English program who are equally successful -- one who graduated from a top-20 law school, one who was the lead narrative designer for Halo: Infinite, several software engineers.

Let's stop this stupid argument about STEM vs. humanities, and talk about integrative learning. (And, let's stop treating university as job training -- but that's a harder battle.)

That's blaming the student for the high price of education. The boomers got it really cheap and it worked out ok for them: https://dailycal.org/2014/12/22/history-uc-tuition-since-186...

As pointed out elsewhere, a significant increase in the cost of education (the actual operating budgets) is the increase in the administrative class. That needs to be addressed as part of fixing the issue with high costs.

Why is it that you think the major on your university degree matters?