Sunday, March 29, 2015

Close the Wage Gap by Changing Your Major



By Christina Hoff Summers
Monday, May 06, 2013

If today's young women want to close the wage gap, they should change their college majors. Aspiring early childhood educators or social workers should reconsider: the median earnings in these fields are $36,000 and $39,000, respectively. By contrast, petroleum engineering and metallurgy degrees promise far more money: median earnings are $120,000 and $80,000. Here is a list of the 10 most remunerative majors compiled by the Georgetown University Center on Education and the Workforce. Note that men overwhelmingly outnumber women in all but one major.

    Petroleum Engineering: 87% Male
    Pharmacy Pharmaceutical Sciences and Administration: 48% Male
   Mathematics and Computer Science: 67% Male
    Aerospace Engineering: 88% Male
    Chemical Engineering: 72% Male
    Electrical Engineering: 89% Male
    Naval Architecture and Marine Engineering: 97% Male
    Mechanical Engineering: 90% Male
    Metallurgical Engineering: 83% Male
    Mining and Mineral Engineering: 90% Male
  
 And here are the 10 least remunerative majors. This time it is women who prevail in nine out of 10 majors.

  • Counseling Psychology: 74% Female
    Early Childhood Education: 97% Female
    Theology and Religious Vocations: 34% Female
    Human Services and Community Organization: 81% Female
    Social Work: 88% Female
    Drama and Theater Arts: 60% Female
   Studio Arts: 66% Female
    Communication Disorders Sciences and Services: 94% Female
    Visual and Performing Arts: 77% Female
    Health and Medical Preparatory Programs: 55% Female

There are far more women than men in college, and they earned more than 58% of college degrees this year. If large numbers of female students changed from the second group to the first, that would do far more to narrow the gap than, say, the Paycheck Fairness Act. That Act (still floundering in Congress) primarily targets the allegedly sexist practices of employers. But, as most economists will tell you, employers cannot be blamed for much or any of the gap. It is women's choices that are the problem -- beginning with their college majors.

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