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Reply to "Can you be rich as an engineer?"
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[quote=Anonymous]Top engineers at FAANG make 500k-1M. Lots of unicorn startups pay this much as well after IPO (of course requires lots of luck). Yes, this is considered elite engineering pay and only a small fraction will make 500k+ but the same applies to lawyers. Making 190k starting as an associate isn’t the norm for everyone who goes in to the field, IIRC the average pay of a lawyer is only slightly more than 100k, about the same as a Software Engineer. Same goes for finance. Not to mention, huge barrier of entry in these fields where GPA and pedigree is heavily emphasized. If you were not an amazing student in your teens you’ll probably be locked out of these traditional fields at least at the high end. Then there’s the opportunity cost incurred by those additional years of education while a Software Engineer can begin earning at 21 with a Bachelor’s. Also most SWE’s are working 40 hours a week or less if they’re competent since top companies have pretty good WLB.[/quote]
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