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Old 01-25-2015, 01:40 PM
 
1,167 posts, read 1,816,538 times
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Quote:
Originally Posted by Suburban_Guy View Post
Is this yet another thread about how valuable STEM degrees are?
disagree, TE yes, SM not so much, depends more on the specialty in SM
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Old 01-25-2015, 02:18 PM
 
Location: Suburb of Chicago
31,848 posts, read 17,602,303 times
Reputation: 29385
Quote:
Originally Posted by Whatsnext75 View Post
They are software engineers. I know about 4 and they work at my company. I think 2 have a masters.
Wow - good for them!
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Old 01-25-2015, 02:27 PM
 
3,268 posts, read 3,321,722 times
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Yup, they are lucky.
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Old 01-25-2015, 02:34 PM
 
Location: SC
8,793 posts, read 8,160,703 times
Reputation: 12992
Inflation Calculator | Find US Dollar's Value from 1913-2015

$100K now is equivalent to $35K back in 1980. If I remember correctly quite a few graduates that I knew of back them were making that kind of money.

Last edited by blktoptrvl; 01-25-2015 at 03:44 PM..
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Old 01-25-2015, 02:49 PM
 
4,749 posts, read 4,321,638 times
Reputation: 4970
Lol, we're making too much money? You sound like someone who wants national equal pay. If you want to make $100k, then quit whining and do things to get your income up. Get a 2nd job, change professions, move to a different city/state, etc.
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Old 01-25-2015, 03:00 PM
 
Location: southwestern PA
22,572 posts, read 47,641,955 times
Reputation: 48209
Quote:
Originally Posted by North Beach Person View Post
OK kids, which is it?

The millennial generation is royally screwed and are now, and will always be, making minimum wage or just above with college loans in the hundreds of thousands of dollars or they're in the top 5% or so of wage earners in the US.

Exactly what I thought.
You cannot have it both ways, people!
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Old 01-25-2015, 03:07 PM
 
Location: TN/NC
35,058 posts, read 31,278,237 times
Reputation: 47514
It's rare, but it can happen.

1) there are obvious cases of investment bankers and software engineers doing it by 25. Several of my employer's clients had people in the Forbes 30 under 30. I'd say those folks are doing well over $100k, but they were in SF, NYC, and Boston mostly.

2) Some hourly occupations that get a lot of OT will do it. think cops in high COL areas or young guys working in the oil patch.

3) Nurse practitioners can be out of school by 25 and can make $100k in a big market.
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Old 01-25-2015, 03:08 PM
 
3,549 posts, read 5,375,525 times
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I made 100k the first time at 24. Last year was my 3rd year (at 26) making over 100k. By quite a long shot too. In fact, my take home was over 100k. I also only have an associates I just got at 25. I usually work 50 hrs a week, mostly office, with the occasional Saturday.

I know a few other people my age making the same, some more. Most are usually in the Oil and gas industry.

Just last week I got a contract job offer paying 80/hr with all expenses paid down in Mexico. The contract was only for like 5 or 6 months so not worth losing my full time gig for. If it would've been a year I might have considered it.
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Old 01-25-2015, 03:15 PM
 
12,061 posts, read 10,267,971 times
Reputation: 24796
Quote:
Originally Posted by blktoptrvl View Post
Inflation Calculator | Find US Dollar's Value from 1913-2015

$100K now is equivalent to $35K back in 1980. If I remember correctly quite a few graduates that I new of back them were making that kind of money.
Yes, 35K was my sister's starting salary as an engineer back in 1982. It is sad when I hear that is starting pay for college grads NOW!
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Old 01-25-2015, 03:17 PM
 
2,286 posts, read 2,006,563 times
Reputation: 1149
I don't know people with this much success at that age, but... there will always be some big-shot CS majors at good schools who get great jobs at Google, etc. They also sign away their life and live in incredibly expensive cities like SF. Try getting the same job in Phoenix or Salt Lake City and seeing how much you get paid.

I know plenty of people unemployed or working jobs that make them close to nothing at a library, etc.
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