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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Dr. Voodoo who wrote (275892)2/1/2004 3:12:57 PM
From: Clever Nick Name  Read Replies (1) of 436258
 
When I did my Ph.D work in Mechanical Engineering (1996-2000), the 50-odd students in the program were 90% foreign born, either Indian or Chinese. This was purely supply and demand driven. There were very few US students interested in graduate school, so the faculty was driven to recruit from outside the US.

From the supply side the reasons are simple. Degreed engineers were getting offers in the high $40s to low $50s. An MS degree would get you mid $50s, and PhDs were starting in the mid $60s. Why would any US student, already buried with debt from his first degree want to spend several more years collecting debt to gain an increase in starting salary that was less than what he would collect in raises if (s)he went to work instead .

I expect that outsourcing will push down starting salaries for engineers in the US appreciably over the next few years, while not impacting the salaries of advanced degree holders as greatly. If this happens, graduate work will be a more compelling option for Americans.
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