College degrees matter—at least if you're an engineer.

The article discusses the financial value of college degrees, particularly emphasizing the high earning potential of STEM (Science, Technology, Engineering, and Mathematics) majors, especially engineering fields. According to a study by the New York Federal Reserve, chemical engineering graduates earn the highest median salary of $75,000 five years post-graduation, followed closely by other engineering and computer science disciplines. In contrast, graduates with degrees in social services and education tend to earn significantly less, highlighting a disparity in job market demand and salaries. The article also notes the current challenges faced by tech workers, including layoffs and job security concerns, while still asserting that engineering remains a strong choice for financial stability. [Extracted from the article]