Table 8

Expected Annual Earnings at the Age of 30

Variable: Expected earnings (in 1000s USD) at age 30 in each major category:*
CategoryPopulation EarningsaRespondent with Major in the CategorybRespondent with Major not in the Categoryc
MalesFemalesMalesFemalesMalesFemales
(1)(2)(3a)(3b)(4a)(4b)(5a)(5b)(6a)(6b)
AverageAverageAverageMedianAverageMedianAverageMedianAverageMedian
Natural sciences82.3361.7710110097.357096.28087.7265
Math and computer sciences77.770.46660414179.57571.0160
Social sciences I72.1558.878.757572.2262.574.767053.350
Social sciences II83.4363149.6100117.58598.8795118.5475
Ethics and values636561.561.580.586062.1955
Area studies76.7953.7787.577.555.865562.266054.5750
Literature and fine arts76.7953.7758.45055.155060.065047.1445
Engineering87.3578.26106.38080808088.6394.7675
  • Notes

  • * Response to: “Look ahead to when you will be 30 years old. Think about the kinds of jobs that will be available to you and that you will accept if you graduate in [X]. What is the average amount of money that you think you will earn per year by the time you are 30 YEARS OLD?

  • a Average earnings (in 2007 dollars) in 2003 of college graduates of 1993. Restricted to selective colleges with Carnegie Code 4. Source: U.S. Department of Education National Center for Education Statistics B&B:93/03.

  • b Answer to * when his/her intended major is in X. Column (a) gives the mean, and Column (b) gives the median.

  • c Respondent’s answer to * when his/her intended majors are in a category other than X.