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College and University Discussion
Reply to "16 highest-paying college majors, 5 years after graduation"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]This is five years after graduation. Further out it is the doctors who are making bank. https://www.bls.gov/ooh/highest-paying.htm[/quote] Doctors (and lawyers) need more advanced education, which means spending more money on education in order to make those big bucks. Engineers don't need to do that in order to make big bucks. [/quote] Most engineers make medium-sized bucks at best, the floor is higher and the ceiling generally lower. Medicine has a higher floor and ceiling (much higher for a few outliers). Lawyers have a lower floor but a much higher ceiling. I have a number of peers from law school making 8 figures. [/quote] Your analysis is very flawed. If you make partner at one of the BigLaw law firms you can make 8 figures...but the vast, vast, vast majority don't ever make partner at a BigLaw law firm. Even 90% of associates that start at a BigLaw firm don't make partner. Many drop out on their own (because they hate it)...and then others are asked to leave because they don't have what it takes. Medicine I kind of agree, but the median salary for all doctors in the DMV is $270k. Yes, that is a higher floor than an engineer...but with 4 years of medical school, residency, internship and probably 10 years of practice to hit that median salary. I get that other specialties can pay big bucks, but we can only go by the median for this thread. By this logic, I guess I have to agree with the other poster...the most successful people on the planet are for the most part STEM people. The most successful lawyers on the planet are all plaintiff's attorneys that won big tobacco or other similar settlements, but then used that money to buy companies (and Judge Judy...yes she is one of the 10 highest NW law people). I think the highest NW lawyer is the guy that just sold the Baltimore Orioles and 90% of his NW was ownership of that team. However, none of the lawyers I think are even in the Fortune 500 list.[/quote]
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