A Comparative Analysis of the Economic Viability of STEM and Other Fields of Study
Finding a high paying job in an expanding market is a challenging goal that many people face today. The current work addresses the issue, principally to aid parents, college undergraduates and high school seniors. With many different options available, it is important to identify those options that can lead to economic success with expected job growth. One measure that can be used is monthly income. Looking at the past values for monthly income will give a good idea of which fields are high paying. It is also necessary to project future monthly income based on field of baccalaureate degree earned in order to accurately see what direction the fields are headed financially. Applying the data available to various stationary and trend based models will allow predictions to be made for the future monthly earnings for a field. This paper will aim to validate STEM as a viable option to choose for high pay and increased job growth.