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TABLE TS-1A Median PhD Salaries of Engineering and Science Graduates, by Occupation and Field of Doctorate in 1997

 

Occupation

 

All Sectors

University

Economics

$75,000

55,000

Computer Science

75,000

56,000

Engineering

73,000

65,000

Physical Science

65,000

52,000

Biological Sciences

56,000

40,000

S&E PhDs in Management, Median Net Income. MDs

92,000

85,000

 

Field

 

All Sectors

University

Economics

$69,000

62,000

Computer Science

72,000

57,000

Engineering

75,000

68,000

Physical Science

70,000

54,300

Biological Sciences

60,000

53,000

SOURCE: R. B. Freeman, E. Weinstein, E. Marincola, J. Rosenbaum, and F. Solomon. Careers and Rewards in Bio Sciences: The Disconnect Between Scientific Progress and Career Progression. Bethesda, MD: American Society for Cell Biology, 2001. Available at: http://www.ascb.org/publications/competition.html.

in S&E, including 59% of engineering doctorates.25 In 2000, foreign-born professionals occupied 22% of all US S&E jobs, up from 14% just 10 years before.

But relying on foreign sources of students and research professionals is risky. As systems of higher education and research continue to develop in other countries, it is likely that fewer scientists and engineers will want to come to the United States to study or work. Security concerns also have led to a drop in applications to US graduate programs from international students. Over time, multinational firms may decide simply to locate their R&D facilities overseas, closer to their sources of scientists and engineers.

25

The National Academies. Policy Implications of International Graduate Students and Postdoctoral Scholars in the United States. Washington, DC: The National Academies Press, 2005.



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