Reply to Down and Out on $250K/year....

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Reply to "Down and Out on $250K/year...."

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[quote=Anonymous][quote=Anonymous]Actually, it really is. But you will never get that. You don't get new standards, nor do I. No matter how you slice it, those who are making not only 250K but much, much less and whining about it are clueless and out of touch.

Why is it ridiculous to bust your rump in med or law school for years and then whine about how you don't feel rich? What truly middle class professions spend 3 or more years in school beyond high school?  It's an effort vs. reward thing.  It's not that waitresses and school teachers don't work hard, it's that they are less educated.  If I made $70K a year, I'd want 2 or 3 months off each year too, but since I make $200K, I think it's reasonable for me to have to work 11.5 months a year.[/quote]

There is a big difference between someone who makes $250K/year because they slogged out med school or law school and someone who makes $70K a year who didn't go to grad school. In most cases, that $250K comes at the price of being able to tuck your kids in at night, or to even know if you are going to make it home at night.  If you do make it home, there is a good chance you are tethered to your blackberry or beeper, and someone outside your family requires 24 hour access to you.  Layer on $1-200K+ debt that can last 15-20 years, a higher tax bracket, no real retirement plans geared for your or access to tax-deductible retirement plans, the need for childcare 10 hours/day minimum, and no opportunity really to be a stay at home parent because you have a ton of school debt that you can't get out of by bankruptcy or because you'll lose your career path and your earning potential.  Plus, all those years of grad school meant you had years you were not only not earning, but collecting debt.

Had someone told me this when I got out of college, I might just have skipped grad school.  I would love to be earning $70K/year, getting to go home at night and not having to worry about a damn thing until the next day.  Woulda, coulda, shoulda.[/quote]

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