If you didn’t know already, the U.S. and many other parts of the world are amidst an epic energy boom that has sent natural gas prices tumbling. One back-of-the envelope calculation suggests that consumers have benefited to the tune of more than $100 billion (that’s a lot); another suggests it’s more like $300 billion annually (that’s even more).
So, with that in mind, which group of graduates on average do you think earned a higher starting salary last year — those from Harvard University or those from the South Dakota School of Mines & Technology?
Answer here, if you haven’t already guessed.
Plenty more at the Mark Perry’s blog.
Hmm, you seem to be correct. Perhaps it has something to do with cold fusion?
These two sentences in your link do not add up…unless miners retire a lot earlier than the rest of us!
“By 2011, [employment] had rebounded to 40,000. As many as 78,000 additional U.S. workers will be needed by 2019 to replace retirees.”