Sign In

Communications of the ACM

ACM Careers

Is A Computer Science Degree Worth It Amidst Tech Layoffs?

graduation cap covered with dollar bills

Some U.S. universities have raised the cost of tuition.

Credit: Alicia Tatone

Is a computer science degree worth it? That's a question computer science graduates may ask as they read news of massive layoffs in the tech industry.

According to the U.S. Bureau of Labor Statistics, the median usual weekly wage for full-time employees who have obtained a degree was US$1,525 in the first quarter of 2022, compared to US$827 for those with only a high school diploma and no college.

Those who graduate with a computer science degree have a median starting salary of US$77,300, according to data from Payscale's Online Salary Survey.

The field is growing. From 2021 to 2031, employment for software developers and testers will grow by 25%, amounting to 411,000 new jobs, according to projections from the U.S. Bureau of Labor Statistics.

From Study International
View Full Article


No entries found

Sign In for Full Access
» Forgot Password? » Create an ACM Web Account