I sometimes wonder: would I encourage my kids to go to college? In economic terms, college seems to be a good choice. People who complete college tend to earn much more over a lifetime of work. And this is an often-repeated argument. Under the surface, though, this argument is lacking. How much of the increase … Continue reading What is happening to college?
Electric scooters. Music video apps. Social networks. That's what you're used to thinking when you hear the word 'startup'. Recently, though, a much different kind of start-up has emerged. Health insurance startups are charging onto the scene. Founded between 2012 and 2017 these startups are raising huge sums to fund rapid growth. Here's a rundown: … Continue reading The hot new startups: health insurance companies
Mechanical engineering jobs are taking off. From 1999 to 2017, the number of jobs has increased from 200,000 to 295,000. During the same period, the median salary increased from $55,000 to $87,000 in nominal dollars. (This amounts to a less-impressive $82,000 to $87,000 in inflation-adjusted 2017 dollars, but it's still a raise). (This data comes … Continue reading Mechanical engineering jobs are growing: 1999-2017