Apparently, recessions tend to have a significant impact on
the choice of a college major:
http://blogs.wsj.com/economics/2015/07/17/the-fields-that-students-flock-to-during-recessions/
“Graduating into a recession stunts the careers of the young men and women entering the labor market. But it turns out a lot of students don’t sit back and passively accept this outcome: Many students who see a recession during their early college years switch to majors with better job prospects.”
“Graduating into a recession stunts the careers of the young men and women entering the labor market. But it turns out a lot of students don’t sit back and passively accept this outcome: Many students who see a recession during their early college years switch to majors with better job prospects.”