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I will be pulling information from an academic paper published in the American Journal
of Business Education – First Quarter 2017. The purpose of this paper was to compare the
earnings, job security and job satisfaction of computer science graduates and business
administration graduates, and provides a lot of insight into the trials and tribulations of recent
A narrative has existed for decades that you need a college education in order to get a
“good” job later in life, but is this truly the case? And if so, what opportunities does a college
education actually afford you in today’s job market? It has been found that a “$102,000
investment in a four-year college yields a rate of return of 15.2 percent per year—more than
double the average return over the last 60 years experienced in the stock market (6.8 percent)”
(Mehta and Uhlig 1), so it would seem fairly straightforward that a college education is worth the
price tag.
However, some jobs have higher pay than others. For example, the average annual salary
in the field of computer science is $81,860, but this can increase significantly with positions such
as Software Developer and Computer and Information Research Scientist having average salaries
of over $100,000 (Mehta and Uhlig 2). This data really emphasizes the high premium employers
place on experience in the computer science field. After just 10 years of work experience in the
field, the average salary of a person with a bachelor’s degree in computer science skyrockets to
$112,000, and that of a person with a master’s degree in computer science increases to $129,500
Compare these to the “average annual salary of $46,900 earned by young adults between
25 and 34 years old with any bachelor’s degree” and it’s clear to see that you will have a
comfortable salary, no matter what job you choose to pursue (Mehta and Uhlig 2). As a result,
graduates can focus entirely on what field they want to work in the most, and finding an
So what does this mean for computer science graduates? The STEM field, and especially
the computer science field is ever-growing and expanding. Every day, new jobs need to be filled
and very frequently new jobs are being created specifically for development or maintenance of
new technology. With a computer science degree and adequate knowledge, you will never be
short of job opportunities, but you need to be careful. The incredibly fast progress of technology
and its effects on the field of computer science mean that you will need to constantly be learning
and improving your skillset on the job, lest you be left behind as the world advances. But, if you
stay focused, learning, and open to new experiences, you will be the ideal candidate for any
number of lucrative jobs in the STEM field, and should do very well for yourself.