Communications of the ACM
Is A Computer Science Degree Worth It Amidst Tech Layoffs?
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.
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