Students don’t care about pay when they pick their majors

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Despite the prospects of mounting student debt, it seems that college students are not influenced by the range of pay and job security of the field they have chosen, even if these are less than they imagined.

Rutgers University surveyed 4,900 undergraduates across their three campuses, asking students to choose from six broad fields (business, education, health, humanities, social science, and STEM). Based on their selection, the students were shown median salary information, range of pay and job security information, or no data at all. Once they viewed the salary information, researchers asked them to estimate their future salary and the likelihood that they would select a major related to that field.

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