GoogleTranslate Service


STEM and LEM – which pays the most?

April 15th, 2011 by Graham Attwell

The de facto end of free education in the UK, and in particuar the imposition of coniderable fees for univeristy courses, which is likely to be extended to vocational programmes, is going to have widespread implications for peoples’ choices of careers.

Inthe next few weeks we will be exploring some of those implications on this blog.

One issue is that people are beginning to exmaine the ‘value’ of a degree in terms fo enhnaced lifetime earnings. And the rseulkts may not be as people have assumed. Governements and goevrnmental bodies have long espoused the importance of the so called STEM subjects – Science, Technology, Engineering and Maths – but figures suggest it may not be these subjects which enjoy the best pay premium.

According to the Guardian:

Male graduates in law, economics and management (LEM), for example, enjoyed faster growth in wages early in their career lifecycle compared to other majors, including Stem (science, technology, engineering and maths). Stem graduates, or those with combined degrees, eventually catch up with those who did LEM but not till much later in the lifecycle. For those opting for arts and other social science degrees, the lifetime returns are markedly lower – especially for men. The subject you study, then, makes a big difference to the investment returns, although, so far, only one institution has suggested subject specific pricing, so the costs are broadly the same across subjects. (Note that our research shows that early-career wage levels are not a good predictor of lifetime earnings – but, be warned, the government’s guidance for students on which subjects and institutions to choose will present data on early earnings.)

Among women, the picture is different. LEM graduates saw the highest and fastest rate of return. But women who did a degree – irrespective of which subject – enjoyed substantially higher lifetime earnings than those who didn’t. This can be read as an indication of the kind of discrimination that female non-graduates still face in the labour market. Moreover, the returns were broadly similar across subjects.

Comments are closed.

  • Search Pontydysgu.org

    News Bites

    Open Educational Resources

    BYU researcher John Hilton has published a new study on OER, student efficacy, and user perceptions – a synthesis of research published between 2015 and 2018. Looking at sixteen efficacy and twenty perception studies involving over 120,000 students or faculty, the study’s results suggest that students achieve the same or better learning outcomes when using OER while saving a significant amount of money, and that the majority of faculty and students who’ve used OER had a positive experience and would do so again.


    Digital Literacy

    A National Survey fin Wales in 2017-18 showed that 15% of adults (aged 16 and over) in Wales do not regularly use the internet. However, this figure is much higher (26%) amongst people with a limiting long-standing illness, disability or infirmity.

    A new Welsh Government programme has been launched which will work with organisations across Wales, in order to help people increase their confidence using digital technology, with the aim of helping them improve and manage their health and well-being.

    Digital Communities Wales: Digital Confidence, Health and Well-being, follows on from the initial Digital Communities Wales (DCW) programme which enabled 62,500 people to reap the benefits of going online in the last two years.

    See here for more information


    Zero Hours Contracts

    Figures from the UK Higher Education Statistics Agency show that in total almost 11,500 people – both academics and support staff – working in universities on a standard basis were on a zero-hours contract in 2017-18, out of a total staff head count of about 430,000, reports the Times Higher Education.  Zero-hours contract means the employer is not obliged to provide any minimum working hours

    Separate figures that only look at the number of people who are employed on “atypical” academic contracts (such as people working on projects) show that 23 per cent of them, or just over 16,000, had a zero-hours contract.


    Resistance decreases over time

    Interesting research on student centered learning and student buy in, as picked up by an article in Inside Higher Ed. A new study published in PLOS ONE, called “Knowing Is Half the Battle: Assessments of Both Student Perception and Performance Are Necessary to Successfully Evaluate Curricular Transformation finds that student resistance to curriculum innovation decreases over time as it becomes the institutional norm, and that students increasingly link active learning to their learning gains over time


    Other Pontydysgu Spaces

    • Pontydysgu on the Web

      pbwiki
      Our Wikispace for teaching and learning
      Sounds of the Bazaar Radio LIVE
      Join our Sounds of the Bazaar Facebook goup. Just click on the logo above.

      We will be at Online Educa Berlin 2015. See the info above. The stream URL to play in your application is Stream URL or go to our new stream webpage here SoB Stream Page.

  • Twitter

  • RT @katyoj The BSA Digital Sociology study group are building a network / forum for people involved in delivering higher ed digital sociology courses - for collaborations & sharing expertise, resources etc. Please contribute if you can and share with your networks: docs.google.com/spreadsheets/…

    About 6 hours ago from Cristina Costa's Twitter via Twitter for Android

  • Sounds of the Bazaar AudioBoo

  • Recent Posts

  • Archives

  • Meta

  • Upcoming Events

      There are no events.
  • Categories