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Salient. Victoria University Students' Paper. Vol. 26, No. 1. Monday, February 25, 1963

More U.S. Students Advance Study

More U.S. Students Advance Study

Growing numbers of young people in the United States are continuing university studies beyond the bachelor's degree, and are eventually getting substantially higher pay because of their advanced study.

Latest figures indicate that enrolments around the country in postgraduate schools are increasing more than twice as fast as undergraduate enrolments. An example of the rising trend toward advanced, postgraduate study is Michigan State University, where this year's applications to graduate schools ran 20 per cent above those of a year ago.

At Northwestern University, the trend to advanced study is particularly strong in chemistry and business administration.

A look at some figures on starting salaries shows one reason why so many young people are continuing beyond the bachelor degree, which is usually awarded after four years of successful university study.

Compared with those holding bachelor's degrees, graduates with master's degrees are getting starting pay of 1000 to 1200 dollars more per year, and graduates with doctor's (Ph.D) degrees are starting at 3000 to 4000 dollars more per year.

A nation-wide survey by the Engineering Manpower Commission for example, shows these average starting salaries for engineering school graduates employed in industry in 1961: with bachelor's degree, 540 dollars a month; with master's degree. 630 dollars; with doctorate, 870 dollars.

Graduates in physical sciences such as chemistry, physics and mathematics, according to this survey, averaged these starting salaries: with bachelor's degree. 325 dollars a month; with master's degree, 630 dollars; with doctorate. 345 dollars.

The Civil Service salary schedule for Federal Government employees also is scaled to pay more to those who have completed advanced study than to those with bachelor degrees.

In non-scientific jobs for example, the starting scale for Federal employees is 4345 dollars for those' with a bachelor's degree, 5355 dollars for those with a master's degree, and 7560 dollars for those with doctorates. Government jobs in science and engineering have higher starting scales, with similar premium pay for those with master's or Ph.D. degrees.

Many with advanced degrees do not do as well as those average examples, but many do better. All available figures indicate that most students who go beyond the bachelor degree are well repaid financially for the added time and expense.

From Washington.

Higher starting salaries for university graduates with degrees for advanced study have stimulated US students to enrol in postgraduate schools.