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| Oct 31, 2021 | » | In Defense of a Liberal Education
5 min; updated Sep 5, 2022
Societal Preference for STEM Over the Liberal ArtsNot everyone can [wants to?] take the sciences, but they were pushed out of their passions into applicable degrees like Business and Communications. The initially high economic return to applied STEM degrees declines by more than 50% in the first decade. People who major in LA don’t get first jobs that are as lucrative, but they do catch up. Governments tend to claim a shortage of STEM workers (who are valued for innovation and national defense), and allocate funds for increasing the student pipeline. However, the fact that STEM wages have stagnated, and new grads struggle to find jobs casts doubt on the claim. Furthermore, the data is murky (e.g. who is classified as STEM, is a STEM degree a pre-requisite for a STEM job) that it can be massaged to support a specific policy. ... |