Engineering majors in particular have the highest median earnings out of college.
According to a recent report from Georgetown’s Center on Education and the Workforce, science, technology, engineering, and mathematics (aka STEM) majors still have the best overall job prospects.
Continue reading… “The best and worst majors for earning money”
Buying objects rather than experiences tends to disappoint.
Over and over again, the idea that you can’t buy happiness has been exposed as a myth. Richer countries are happier than poor countries. Richer people within richer countries are happier, too. The evidence is unequivocal: Money makes you happy. You just have to know what to do with it.
Continue reading… “Why thinking about buying something makes us happier than buying it”
Can this couple live on Bitcoin alone for 90 days?
There has been a lot of attention recently on bitcoin from tech early adopters and the mainstream media. The last six months has seen the value of the virtual currency grow more than tenfold and then fall half as much, as well as the government intervene in a series of suspected fraud and money-laundering cases. The crypto currency has been hailed by many as a potential future global currency, but amid all this fervor, it remains little more than an intellectual curiosity to most. That is, those who own bitcoin, have used it to complete a transaction of any sort, or are even aware how to do so are firmly in the minority.
Continue reading… “Newlyweds plan to live for 90 days entirely on Bitcoin”
The rich got richer, and the poor kept on getting poorer.
In 2010, Zero Hedge started an annual series looking at the (re)distribution in the wealth of nations and social classes. What they found then (and what the media keeps rediscovering year after year to its great surprise) is that as a result of global central bank policy, the rich got richer, and the poor kept on getting poorer, even though as they predicted the global political powers would, at least superficially, seek to enforce policies that aimed to reverse this wealth redistribution from the poor to the rich (a doomed policy as the world’s legislative powers are largely in the lobby pocket of the world’s wealthiest who needless to say are less then willing to enact laws that reduce their wealth and leverage).
Continue reading… “The 0.6% world: Who owns what of the $223 trillion in gobal wealth”
We have recovered less than half of what we’ve lost in wealth.
Households in the United States lost roughly $16 trillion in net worth since the recession started in 2007. According to the latest Fed data, we regained about $14.6 trillion, or roughly 91 percent, of it. But let’s not break out the champagne glasses just yet.
Continue reading… “The wealth we lost and regained since the recession started in 2007”
The real gap isn’t between men and women doing the same job. It’s between the different jobs that men and women take.
Women earn “only 72 percent, as much as their male counterparts” is probably the most famous statistic about female workers in the U.S. But it is also famously false.
Continue reading… “Is the gender wage gap a myth?”
At $1.1 trillion, student debt eclipses all other forms of household debt, except for home mortgages.
The U.S. government is forecast to turn a record $51 billion profit this year from student loan borrowers, a sum greater than the earnings of the nation’s most profitable companies and roughly equal to the combined net income of the four largest U.S. banks by assets.
Continue reading… “U.S. government student loan policy reaping $51 billion profit”
Student debt is second largest source of U.S. household debt, after only mortgages.
Some of the greatest colleges and universities in the world are in the U.S. But with the student debt load at more than $1 trillion and youth unemployment elevated, when assessing the value of a college education, that’s only one part of the story.
Continue reading… “Only 150 of 3500 colleges in the U.S. are worth the investment”
What is one of the first questions to ask yourself before starting a business? “Can I make money in this industry?”
Continue reading… “What are the most profitable businesses to start?”
Student debt is a dangerous bubble that is piling unprecedented levels of debt on young people.
Houses and cars power recoveries. And young people aren’t buying either. That’s a New York Fed study conclusion and that can be easily read as blaming student debt for holding back the recovery by squashing home and auto sales.
Continue reading… “Are student loans wrecking the economy?”
Comparing salaries among colleagues has long been a taboo of workplace chatter,
Brian Bader said at the orientation for a tech-support job with Apple Inc. that human-resources managers ran down the list of guidelines workers were expected to follow. Don’t use explicit language on calls with customers. Treat other employees with respect. And, he says, they told the assembled recruits, don’t discuss your pay with co-workers.
Continue reading… “Employees share their salary secrets”
How we pay taxes.
Taxes are complicated. There are a lot of numbers involved. But that’s where graphs help answer the biggest questions: Where do our tax dollars come from? Where do they go? Who pays how much? How has it changed over time?
Continue reading… “14 charts that show how we pay taxes”
By delving into the futuring techniques of Futurist Thomas Frey, you’ll embark on an enlightening journey.
Learn More about this exciting program.