Reply to Universities Ranked By Earnings Data: CS Graduates

Forum Index » College and University Discussion

Reply to "Universities Ranked By Earnings Data: CS Graduates"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]This is useless and misleading.[/quote]
+1 It only shows those who took out federal loans. Sure, it excludes those who are full pay, but that also excludes some UMC/MC families who sent their kids to cheap in state schools with a 529.

It also doesn't take into account *where* they are working.  $150K in Silicon Valley doesn't take you that far.  $100K in Philly takes you a lot further.

https://www.payscale.com/college-salary-report/best-schools-by-majors/computer-science

I used to work in the Bay Area.  When I moved to the DC area, and looked at salaries for my level, it was so much lower. Luckily, my Bay Area employer let me keep my Bay Area salary.  [/quote]

+1000 It's useless data, especially if the COL is not taken into account.

My recent grad (not CS major) living in Madison Wi is making the same as their friends living in Chicago.  Guess who is do much better financially?  [/quote]
+1 useless list

My Rutger grad niece is making six figures with zero debt.  She would not be on the list. But, their friends who took out loans would be on the list, and even though they are making similar amounts, they are struggling because of the loans.  My niece is about to purchase her first condo at 26.  Their friends are still living at home trying to pay off their debt.[/quote]

Context matters.   This list isn't looking at "debt loads" or "quality of life" or "cost of living". It's simply looking at salary 4 years out of undergrad, that's it! Nothing else.  From a straight up simple 'salary' perspective it's useful.  There can be a million caveats if you play that game. I happen to know doctors making over a million $s per year who still "struggle" with their finances, doesn't mean 1million+ per year isn't a great income.[/quote]
It's not useful because it only looks at those who took out federal loans.  The % of college grads who take out federal loans is less than 50% of all college grads. So, the list is pretty skewed.

$150K salary in Bay Area is nothing.  $150K salary in Philly is awesome.[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics