Reply to Harvard grads earn $81,500 at age 34

Forum Index » Jobs and Careers

Reply to "Harvard grads earn $81,500 at age 34 – WTF?!"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous]I went to Yale, but I bet the data is similar.  Among my friends when we were 34, a few were earning big salaries in finance or law.  But, a few were in grad school since they worked for a while after college and then went back. Some had finished PhDs, but weren’t earning much as new professors.  A few were doctors, but were just getting out of residencies, so weren’t big earners yet.   A bunch had started companies and didn’t draw a salary because they were paid out of company profits, a couple came from really wealthy families and did things that wouldn’t register as salary (invested in real estate, worked for family foundations, etc.). Not many were law firm partners yet, but partner earning isn’t listed as salary in statistics because it is technically profit-sharing.  I think that interpreting those averages doesn’t take into account that many wealthy people don’t actually get paid salaries, which is only one kind of earned income and one that is tied to certain industries that are not often the highest paying.  [/quote]

Averages aren't meaningful. Also, only some go into high earning careers. This is true for every school. Plenty of grads work PT, take time off to raise kids, go into nonprofit or low-earning fields, or do endless stints in grad school (sometimes multiple grad schools).[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics