05 August 2021

Education Matters, Especially During An Economic Shock

In the economic shock of the pandemic, education mattered more for economic well being than ever, and lawyers did particularly well (according to sources in addition to chart below).

 



3 comments:

Dave Barnes said...

I will have to tell my BA English daughter that she makes too much money.

andrew said...

Ha!

Guy said...

Hi Andrew,

More anecdata: in Houston a BS in a STEM field (BSEE for example) can match a JD. For N~10 for STEM and N=2 for JD. (1) More or less matched for seniority in field and gender. (Serious wargamers are not a diverse bunch.)

Cheers,
Guy

(1) Successful real estate agents and small business owners did best, but I'm sure there is some weird selection bias at work.