College students can make more money studying mining than going to Harvard

Harvard may have the fancy name, but people who go to the South Dakota School of Mines & Technology made more money after graduation this year, with a media starting salary of $56,700 compared to the Cantab median of $54,100, the Atlantic Wire reports. The data comes from the via , who explains there is a labor shortage in the mining industry and fewer schools are offering mining-engineering degrees. Almost no Harvard grads go into the field. In South Dakota, Richter writes, “those scheduled to leave the campus in Rapid City, South Dakota, in May are already getting offers, at a time when about one in 10 recent U.S. college graduates is out of work.”

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