WSJ: Do College Students Pick Majors Based on Potential Earnings?

By SIMON CONSTABLE

“If only I knew then what I know now,” is a common lament among some workers about their (perhaps suboptimal) choices at college.

It relies on the rather dodgy idea that you could somehow have the insights of a 35-year-old when you’re only 19.

But what if you could? That is, what if while you were young, you were exposed to real data that called into question some of your beliefs? A couple of researchers tried it with a group of New York University students who had misinformed views about wages in various fields. Read more here.