Today on Engineer Blogs I talked about interdisciplinary engineering which is the theme over there this week. (See posts by Cherish, GEARS, and Paul Clarke as well). There's other engineering in the news today though, again from the NY Times Economix blog college majors that do best in this job market.
A month and a half ago I had a post on some economic news that included the mention of an article about engineering being the best paying college major. You'll notice some discrepancies. The CNNMoney article touting high salaries for engineers says they all had a higher starting salary than $60,000. However the Economix chart is based on earned income in the last 12 months so the median income for someone with an engineering degree employed in a job that requires that degree is...$35,548. Now probably some dinosaur engineers will show up and say that this was quite normal for them and kids these days are too demanding. Probably haven't read any of my numerous posts on inflation.
Hopefully the low number is due to people starting their job more recently than 12 months and only having a partial years earnings to report along with maybe some people who are working part time. Still, the percentage of engineering graduates who are employed in a job that requires their degree is 69.4%. That's the second highest after teaching at 71.1%. Higher than the oft praised "business" degree, health, or physical science (which will surprise no one in the sciences). Communications, humanities and "area studies" (whatever that it is) make up the bottom of the list. So while you shouldn't always hunt the money, hunting a degree that leads to more full employment might be useful. Though even the numbers of employed grads in the top fields are abysmally low. More victims of this brutal job market.