Posts Tagged ‘college’

Arts Majors Face Increased Student Loan Burdens after College

November 26, 2014

Graduates across all majors have similar loan amounts after graduation  However, payment is a heavier burden for students who graduate with degrees in arts, sports, or humanities.  After graduation, salaries increase by an average of 65% in the first five years. However, non-career-oriented degrees start at much lower wages (x axis in the chart above) and thus pay a significantly higher percentage of their income in loan payments.

–from The Atlantic

Price of Essentials Increasing While Prices for Gadgets Continue Precipitous Decline

May 5, 2014

In the past decade, prices for televisions fell more than 100%, while college tuition rose 40% and many essential items and services rose.

–from The Atlantic

College Tuition Increases Disproportionately Affects Poorer Families

March 5, 2014

The percentage of income spent on tuition has greatly increased for the poorest Americans, but has remained relatively stable for the wealthiest quintile.

–from The New York Times

Underemployment Rates for Recent College Grads Similar to 1990s

January 22, 2014

Overall underemployment rates for recent college grads is similar to levels in the early 1990’s. The main difference, as seen in the bottom chart, is that the share of recent grads with low wage jobs has increased substantially, even though the overall rate hasn’t changed much.

–from The Atlantic

Metros with the Most Educated Residents

November 13, 2013


There are only a handful of outlier metros that educated Americans are moving to, most notably the Bay Area and Raleigh, NC. The biggest and most well-known college towns (Ann Arbor, Ithaca, Ames, etc.) have extremely high shares of educated residents, largely due to their academic company-town environments. Click through for a searchable, interactive version.


One Fifth of Americans Overqualified for their Job

October 14, 2013

Around 19% of Americans feel overqualified for their jobs. This is below the OECD average and a number of other G8 countries.

–from The Atlantic

Inherited Wealth, Social Mobility, and College

June 19, 2013


This chart shows the fascinating pattern of inter-generational wealth and poverty in America. Of those raised in the top income quintile, 40% stay there while 43% of those raised in the bottom stay there. Also, a person raised in the top income quintile who does not go to college has a 2.5x higher change of staying in the top then someone from the bottom 20% who does go to college. Click through for a fascinating look at wealth and the effects of college.

–from with data from Pew’s Economic Mobility Project

Impact of College Major on Career Path

December 13, 2012


This chart shows the career paths of 15,600 Williams College alumni based on their undergraduate majors. One of the more interesting findings here is the diversity of careers that liberal arts graduates pursue versus scientists. The paths of a chemistry or biology major are significantly narrower than those of English or Political Science. Click through for a more detailed, interactive version.