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College and University Discussion
Reply to "Highest Paying Majors 5 years After Graduation"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Our DC is considered “underemployed” in law enforcement because the position doesn’t require a degree to start. Five years after earning their B.S. they earn a $102k salary and $40k+ in overtime. They get a raise every year, and sometimes two raises. That’s better than earnings of Chemical Engineering majors at 35-45 year olds, the #1 major, BTW. Our child could retire with a full pension at 46. LOL. Our child will make sergeant soon. That comes with a nice raise. By 35 they’ll be a lieutenant. That’s a big salary bump. That’s when 1.5x overtime rates really start to pay out.[/quote] Ok and our plumber makes 190k. I make 240k as a part-time physician in a group practice, working 32 hrs a week, no overtime needed and time to spare for spouse/family(three 10-11 hr days). I am the very lowest paid of all of my med school friends because i chose part time, would not have it any other way. They are raking in 400-600k. Spouse makes 260k as a FT engineer and sibling makes way more than 300k, he won't say, as an engineer with a PhD. Our neighbor makes 700k as a lawyer, spouse stays home, and they are continuously complaining they not rich enough to afford private college yet we sent two. There are lots of high paying jobs everywhere. The goal is to do what you enjoy and hope you are good at managing money because many are not.[/quote] What did all ofthese advanced degrees cost? That’s the opportunity cost. The discussion is about undergraduate majors that pay the most. You also need to factor in the pension and early retirement.[/quote] phD degrees are free tuition and they pay you, these days 55k which is better compared to COL than our day. Med school is easy to pay off with the big salary (170k total in loans for 3 yrs, 26yrs ago, got merit for one year, T5 med). I was making 160k as a part time physician at age 35, 18 yrs ago, and I have a great pension. lawyer is retiring soon, before 55. I think his parents paid not sure. He works from home a lot since 2020. Sibling could retire any time he wants he merely enjoys working and has a pension. Good for your son but his salary for the overtime hours and lifestyle strain sounds pretty rough compared to those with the higher degrees [/quote] dp... A lot of doctors and lawyers spend a lot of time working and are also constantly stressed out. They are not able to spend much time with family because they work so much.[/quote]
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