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Reply to "Harvard grads earn $81,500 at age 34 – WTF?!"
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[quote=Anonymous]Salary is a very specific kind of earned money and kind of a middle class one. It doesn’t include anyone who owns a business, is a partner at a business or firm, makes money in real estate, rental income, or property management, who manages money from inherited wealth, who is paid in stock options, and a whole bunch of other pay structures employed by the wealthy. Even many doctors eventually become owners in private practice and stop making a salary. If you take all those people out of the pool from which you are deriving your average, it will almost certainly be low. [/quote]
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