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"To a first approximation, all of the returns to college accrue to the top handful of STEM students."
This was 100% my college experience. Started off in a non-stem major, but luckily switched over & even got to keep a good amount of credits. Has made literally all the difference in my life. & of course this was against the prevailing advice I was receiving at the time, but I paid the weird looks and snide comments no mind.
It's somewhat recent research that finally looked into the distribution of returns to college within a class. We knew for a long time that they were accruing to STEM majors, but I was shocked to see how unequal the returns are within each STEM major.
I shouldn't have been surprised, of course, since that was exactly my experience, until I went to grad school.
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