When friends make you poorer

2009 October 13
by John Henion

From the Boston Globe, by Kevin Lewis:

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Peer pressure can make people, especially young people, do stupid things. New research finds that this includes one’s choice of career. A team of economists tested the hypothesis that peer groups can push college students into the wrong major. The economists analyzed data from a university program that randomly assigned students to classes (and thus classmates) for the first few semesters, after which students chose one of two majors. The data showed that students tend to gravitate to a major chosen by more of their peers. And the students whose choice was driven by their peers were then more likely to end up in lower-paying jobs that they didn’t like.  Continue Reading…

 

 


3 Responses leave one →
  1. 2009 October 23

    unemployment is a now a social curse. If my friends or classmates get a right job and i am till then unemployed they try to neglect me.It is So painful to me.For more Freshers Jobs India

  2. 2009 November 3
    ines permalink

    What happened to the blog? Anybody out there?

  3. 2009 November 3
    Lisa permalink

    Has John landed a job? Last post Oct 13th? and latest posts are links to other articles?
    Hmmm….Still unemployed but looking for some fodder.
    John, I hope you are busy and did find something!!!
    Best of Luck to all out there!

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