Yes, Do That

A letter-writer in Friday’s WSJ Letters section wants us to stop calling degrees useless and, instead, encourage students to follow their bliss in their courses of study.

He cited principles of education that learning thinking is as important as learning facts and arithmetic. He’s right on this. He also cited statistics that indicate that most formally trained STEM graduates find work in other than STEM fields. Stipulated.

He closed, though, with this:

But if most STEM students leave their field, shouldn’t we stop labelling programs as “useless” and instead encourage students to develop their intellectual strength by studying whichever field they find most interesting?

Yes, do that. But also do this: require each college (including colleges within universities) to publish the median and mean wage/salary incomes at the five year post graduation mark for each major offered, and require each college to be the primary lender to its students or sole guarantor of other lending facilities’ loans to the college’s students.

Let each student know in advance his likely income from following his “most interesting” course of study along with his cost for pursuing that course.

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