Majors where HBCU grads earn higher than average starting salaries
Posted By: Reginald Culpepper on August 16, 2022 |
Written By: Taylor Nichols of OnlineU.com
Excerpts From original story
STEM graduates from HBCUs do tend to earn higher median salaries overall than their peers. However, systemic inequalities mean HBCUs are typically serving their students on a much smaller budget than other universities.
While other schools benefit from serving wealthier students, larger endowments, and more philanthropic support, HBCUs are chronically underfunded. HBCUs are also largely located in the southern states, which tend to correlate with lower salaries and earnings than other states with a higher cost of living and more affluent populations.
Salary data from the U.S. Department of Education shows that, in these seven majors, HBCU graduates can earn more than average for their field of study compared to all graduates.
Finance and Financial Management Services
Multi/Interdisciplinary Studies, Other
Human Development, Family Studies, and Related Services
Fine and Studio Arts
HBCUs play a critical role in economic well-being for Black Americans. These majors highlight opportunities for HBCU graduates to outearn their peers from other schools, including predominantly white institutions. Beyond that is the importance of increasing diversity in these critical fields. More Black professionals in areas such as finance, engineering, economics, education, and the arts mean more representation in business decisions and more equitable education options. It also means more people will learn from the work put out by Black artists. HBCU alumni from these programs are entering the workforce, earning higher salaries, and bringing more diverse perspectives to these varied industries.
Original story at https://www.onlineu.com/magazine/best-majo...
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