Why STEM may not pay in the long run1 min read . Updated: 03 Oct 2019, 09:54 PM IST
The high economic return to applied STEM degrees declines by over 50% after the first decade of working life, finds a new study
Science, technology, engineering and math or STEM degrees are highly coveted partly because they earn high returns in the job market. Yet these high returns could be short-lived with earnings decreasing over time suggests a new National Bureau of Economic Research (NBER) paper authored by David J. Deming of Harvard Graduate School of Education and Kadeem L. Noray of Harvard University.
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