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Reply to "What is Middle Class....Really?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Those numbers are probably skewed by people who deliberately go into low paying fields because of interest (publishing, fashion etc.) or go into public sector non-profit work. Most of my friends who graduated my year were making $65K [i]immediately after[/i] undergrad. By 2-3 years out many (if not most) were brushing up against 100K. 5-6 years out of college most of us are making in the 200K region. I think it's very true that if you go into a private sector, for profit career where basically the only goal is to make money, you've definitely screwed up if you're only making 100k.[/quote] What field? My law firm hires college grads into entry level non-attorney positions for around $40k. If they stay 5-6 years they may be making $50-$60k, but they sure as hell aren't pulling down $200k unless during those 5-6 years they also went to law school and came back as associates. [/quote] OP here. Many friends went into management consulting (McKinsey, Bain etc.) where comp packages were around 80k all in first year. Some went into Econ consulting (Cornerstone, NERA etc.) where packages are around 70k first year. Many friends also went into investment banking where fjrstvyear comp was well above 100k. l I also didn't mean to suggest the comp 5 years out was just on an undergrad degree. I finished professional school as did many of my friends and that's when we got the salary bump to $200k or so.[/quote]is as You realize you are talking about less than 1% of the population right? Most people even in DC will be in the 125-175k range max. [/quote]
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