Skip to comments.What the Top 1% of Earners Majored In
Posted on 01/28/2012 10:18:36 PM PST by UnwashedPeasant
We got an interesting question from an academic adviser at a Texas university: could we tell what the top 1 percent of earners majored in?
The writer, sly dog, was probably trying to make a point, because he wrote from a biology department, and it turns out that biology majors make up nearly 7 percent of college graduates who live in households in the top 1 percent.
According to the Census Bureau's 2010 American Community Survey, the majors that give you the best chance of reaching the 1 percent are pre-med, economics, biochemistry, zoology and, yes, biology, in that order.
Below is a chart showing the majors most likely to get into the 1 percent...
(Excerpt) Read more at finance.yahoo.com ...
% Who Are
Share of All
|Health and Medical Preparatory Programs||142,345||11.80%||0.90%|
|Political Science and Government||1,427,224||6.20%||4.70%|
|Art History and Criticism||137,357||5.90%||0.40%|
|Area, Ethnic and Civilization Studies||184,906||5.20%||0.50%|
|Philosophy and Religious Studies||448,095||4.30%||1.00%|
|Pharmacy, Pharmaceutical Sciences and Administration||334,016||3.90%||0.70%|
|English Language and Literature||1,938,988||3.80%||3.80%|
Huh. Someone get me Obama’s transcripts will you? I’d like to see which classes he took and his GPA.
Useless list. An undergraduate degree in history made the list? What the “researchers” aren’t telling is what the grads did after college to get into the 1%. A lot of people who majored in history go on to get law degrees, etc.
Physics below Art History? Really? Oh well, too late for me now...
Zoology....these are the children of the 1% not the ones who earned it.
This is interesting, but what I think would make it even more interesting is in total, and separately for each of the college majors in the list, what are the current occupations of those in the top 1%
I think it would suprise many people to see just how many in the top 1% are NOT in or even close to “Wall Street”, and just how many are not even in a “business” profession.
I’d be willing to bet that a good percentage of them have never seen the inside of a college classroom.
Gotta say. Your tagline is the best I’ve seen in awhile. And as other’s have pointed out, this survey says nothing about what you do afterwards, so its interesting but a bit pointless.
History majors go on to Law School...
They should pick a year, go forward and omit for the survey any student whose family is already in the 1%.
I’m going to make a wild guess that the art history majors in the one percent lean a bit toward women from wealthy families who also married well.
Medicine is one of the most businessy of the professions: they have done very well at restricting entry into the field.
What the list doesn’t show is the selectivity issue. Some people might have chosen ‘history’ or ‘philosophy’ because their family could afford them to choose such majors. So, it’d be interesting to see how many of those majoring in humanities actually came from the family of say Top 20%.
I think it would be interesting to see how many of these people are working outside their college degree. I bet many of these people are running businesses that have little or nothing to do with their college degree, especially the art & history majors.
I only would like to know how many of the 1% are married to each other. Could it be some are the spouses who majored in humanities?
Looks like the H1-b visa program has really worked to keep wages down in the engineering field. Way to go USA.
As a contrast and not defending Euroweenies, If you did this survey in Europe Engineering and science would be near the top. Here it is a tiny little fraction.
Also, what percentage of the non-inherited rich have a college degree? Not Bill Gates, Steve Jobs, Larry Ellison, Paul Allen, Carl Icahn, David Geffen, most celebrities like Oprah Winfrey, Tiger Woods, etc. While there is a correlation between college and income that does not imply causation. Brains and/or talent is the actual the causation, and colleges do not hand those out.
It should also be pointed out that the very easiest and most certain method of joining the 1% is to marry into it. As John Kerry proved, good looks and personality are not a requirement.
That's my point. They're only revealing a small part of the equation.
Thanks — I adapted it from a comment by another FReeper years ago. Unfortunately, I forgot to note the screen name, nor save the entire initial quote. I had to shorten it to fit into the tag-length-limit.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.