How does it compare to the demand for these degree holders? On the pie chart, engineering is 6% and social sciences is 8%. Engineering is barely bigger than communications, or than performing arts... and frankly I wonder what %%ge of business degrees are actually useful. The other stat merges all degrees together, but the entire STEM and healthcare is less than a third of all degrees. Add up all the useless degrees together (I, personally, would make it a value judgment too, but for this discussion useless can just mean "not cost effective"), and you can easily explain why so many people have trouble with student loans.
Re:The Battle of GameStop
by throwaway894345 on Tuesday January 26, 2021 @11:08AM
(#25917406)
First of all, this is a super cool website; I had no idea this existed. That said, it doesn't seem to suggest what timeframe these statistics are for (I've only had time to skim so far). As best I can tell, those are today's statistics, not the stats for the millennial generation, and I would fully expect the nouveau generation to have learned from our mistakes.
Source: https://educationdata.org/number-of-college-graduates
For bachelors degrees: 432,077 STEM 386,201 business 244,909 healthcare 44,262 liberal arts 82,621 education
So business is approx 9 times more popular than all of liberal arts combined with the vast majority of the rest being made up of degrees that would seem to be things that make money.
Looking at the pie graph breakdown by field business is the largest section not including "Other fields": https://educationdata.org/wp-content/uploads/76/bachelors-pr...
So appears the person you're responding to is exactly right.