Picking your college major

University of Texas is the subject of this article on the cost-benefit ratio of various majors. The spreadsheet shows the tuition money brought in vs the salaries of the professors for a variety of majors. Chemistry comes out on top, with history and English running very respectable seconds. Three trendy hard science majors, oceanography, physics&astromony, and aerospace engineering actually loose money for UT, faculty salaries and expenses exceed tuition income.
Very interesting. How does chemistry, with twice the class room/laboratory time, expensive labs, lab assistants, glassware, plumbing and whatever, pull in more money than easier-to-teach history and English. Easier-to-teach means just an ordinary classroom with a blackboard is required, no pricey labs. Clearly the chemistry department is onto something that the other departments ought to copy.
And what of the money loosing departments? Is it just lack of students or too many faculty members, or expensive field trips and facilities? The tuition numbers seem reasonable for these departments which ought to mean decent enrollment.
This article gives hope that decent education can be done for less money.