A Rutgers University study found most students will stick with their majors even if the projected salaries in their areas of study do not meet their expectations.
Researchers Michelle Van Noy and Alex Ruder developed an online survey focusing on majors in business, education, health, humanities, social science and STEM. They contacted nearly 50,000 Rutgers students and received 4,916 responses.
They showed 33 percent of students the median salary in their field of study, 33 percent the salary range and job security in that field and 34 percent no salary information at all. They asked the students to estimate their future earnings and job security and to rate their likelihood of completing a degree in their current major.
Students who viewed the median salary or salary range in their chosen field had significantly lower earnings expectations than those who viewed no salary data.