Reply to Is The New York Times’ newsroom just a bunch of Ivy Leaguers? (Kinda, sorta.)

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I'm a former journalist married to a current journalist.  Most journalists are not independently wealthy, and most journalists make enough money to live.  They're not getting rich, but a journalist with 20 years of experience at a major newspaper is making far more than a teacher with 20 years of experience.

Also, it doesn't surprise me that the NYT has a lot of Ivy Leaguers.  Ivies all have highly regarded daily newspapers that give students a lot of great experience, and there are also strong alumni networks at papers like the NYT.  [/quote]

I'm a current journalist married to a current journalist (both at publications you've heard of) with a clarification: A journalist with 20 years experience who has moved into editor ranks or management is making more than a teacher with 20 years of a experience. An experienced rank-and-file reporter still cranking out copy daily does not make more than teachers in this area. Nor do they have a pension.

The industry has been absolutely devastated by private equity. As someone noted above, journalism has become a profession for those with family money. This doesn't mean they can't be great journalists (hello, Ronan Farrow), but you need another means of support these days.
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+1  I went to one of those Ivies mentioned in the article as a common feeder to the NY Times. I got a job offer from the NY Times after undergrad and turned it down for something more lucrative as I had large student loans at the time, but I always loved journalism and the NY Times and even 2 decades later, it's my big career regret and I wonder what path my career might have been...    Middle class kids with lots of loans don't become journalists nearly as often as their 1%er peers.[/quote]

I'm the poster you are responding to. You missed out on some fun and interesting work, but ultimately you also missed out on a life of financial hardship and wild employment insecurity. We told our kids we'd pay for any degree except a journalism degree. That's how brutal the industry is right now. 
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