<p>There is a misconception that any STEM degree leads to better job and career prospects than any non-STEM degree. <a href=“http://talk.collegeconfidential.com/internships-careers-employment/1121619-university-graduate-career-surveys.html[/url]”>http://talk.collegeconfidential.com/internships-careers-employment/1121619-university-graduate-career-surveys.html</a> indicate that biology majors do not have very good job and career prospects. Biology is the most popular STEM major. Any economics major (or student who has taken economics courses) can figure out what a large supply of biology graduates does to the biology-specific job market.</p>
<p>Regarding engineering, computer science, math, and other specific majors with better job and career prospects, the idea that it is related to higher intellectual capabilities of those completing these majors is consistent with the economic observation. If the supply of graduates in this majors is limited (as claimed by the setting of a minimum bar on intellectual capability), then it is no surprise that they are paid well if there is good demand for their skills.</p>