Graduate survey shows some degrees losing value - Macleans.ca
 

Graduate survey shows some degrees losing value

Graphic: employment outcomes for 10 disciplines


 

An annual survey by the Council of Ontario Universities asks new graduates what they took in school, whether they were employed full-time two years after graduation and how much money they made. The numbers are useful for tracking the demand for degrees. The trends aren’t looking good.

Chart 1 shows the percentage of grads reporting full-time work two years after university for 10 of the most common degrees. For nine out of 10, fewer class of 2010 grads were employed than class of 2008 grads with the same degrees. (The exception, oddly enough, was journalism.) This suggests things actually got worse for grads since the economy recovered from the 2008-09 recession.

Chart 2 shows average salaries of graduates two years after graduation. The overall average has remained around $49,000 since the recession but there were winners and losers. The computer science class of 2010 averaged $5,050 more than the class of 2007. The engineering class of 2010 made $2,032 more. Journalism, meanwhile, was down by $2,099 on average and humanities dropped by $1,509.


 

Graduate survey shows some degrees losing value

  1. Gee…..imagine that.
    Degrees that are actually required for a real job are in more demand than degrees that are just used to fill time at University.
    (Ok…lets’ hear the Gender studies, Queer studies, and Womyn’s studies folks voice their opinon)

    • LOL. Try looking at the charts before exposing your ignorance. I mean, unless you’re arguing that engineering, physical science, or business degrees aren’t required for a real job.. because all of those saw declines in employment prospects both in the last year and over the entire period.

      The only degrees that saw an increase in employment prospects over the last year are applied & fine arts, and journalism.

      Not engineering. Not nursing. Not computing science. Not physical science. Not agricultural science. Not even business.

      Fine arts and journalism.

      And what’s funny is that even if you look at the whole span covered by the chart, the only degrees that have increased employment over that whole period are computing science and journalism.

      Sooo.. according to you, what people need in order to get a “real job” are to be trained to be “left-wing MSM lackeys.”

      You go ahead and run with that.

      • In James’s defence: charts are hard.

      • I wasn’t looking for declines….I was looking at jobs that make good $$’s…and are always in demand. When the economy picks up (meaning: Libs are kicked out and NPD are not in) those professions that actually produce something other than complaints will be very fine..thank you very much.

        • You still have it backwards.

        • So jobs that are always in demand are the ones that hire *fewer* grads now then they used to?

          That’s a very… interesting.. definition of demand that you have.

  2. So this is only for Ontario, correct? Where the economy is worse than most of the rest of the country and where the Liberals have only been concerned with buying votes for the last 3 years…. I doubt it’s indicative of the rest of the country.

    • I guess you’ve forgotten telling us you had to move to Ontario to find work.

  3. When a child, I first heard the phrase “starving artist”, and yet wondered why I never heard the phrase “starving scientist”.

    As an adult, I pursued a graduate education in the sciences, and found out why.

    • You must have been a boring child.

      • If his name really is Statler Waldorf……it would have been hard as a kid in any event.

        • James, you’re not a Muppets fan?

      • Maybe. But I’m a rich adult.

        • I’m sorry, what’s that? My attention wandered.