Since taking office, President Barack Obama has put the onus on advancing the United States’ ranking in science and math education.
In that regard, the president can use the nation’s capital as an example. A study by the Brookings Institution found that STEM (science, technology, engineering and math) jobs were popular in Washington, D.C.. The study found that STEM jobs that make up a STEM economy are focused on those with at least a Bachelor’s degree.
Based on those requirements, both Washington and San Jose, Calif. are the two biggest markets for science and technology jobs.
Metropolitan areas that are clusters for jobs in science, technology, engineering and math are also known as “STEM based economies.” While half of all STEM jobs are available to those with less than a four-year degree, those with a college degree earn $53,000 a year on average in the field, the study said.
The federal government spends $4.3 billion a year on science, technology, engineering and math education and training. Of that spending, only one-fifth goes towards training for those with less than a Bachelor’s degree.