The Earnings Benefits of Majoring in STEM Fields Among High Achieving Minority Students
The purpose of this study was to improve our understanding of the association between major field of study in college and early career earnings among a sample of academically accomplished minority students. Results demonstrate the economic benefits minority students experience from majoring in a Science, Technology, Engineering and Math field during college, and highlight the importance of gaining employment in a closely related field in order to secure those benefits. The results also illustrate the need to carefully account for self-selection when estimating the earnings premiums in relation to educational experiences during college. Implications for policy and research are discussed.