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College and University Discussion
Reply to "Are only kids of wealthy parents in elite professions majoring in arts/going to elite colleges?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We will have an oversupply of CS people, like we had librarians, pharmacists, and nurses in the past. The top ones, with keen business sense and strong interpersonal relationships, will make top $ and know which startup to join. The rest will end up at Accenture, writing code and building databases for some tired federal agency, and getting paid $150K/year. [/quote] Getting a $150k starting salary with only a bachelors is a huge deal.[/quote] Yup. Way better than having to do 8-10 years of med school, residency etc to get $150k in primary care or pediatrics.[/quote] You have no idea what you're saying. My DC1 is in med school. First, a pediatrician in DC area makes around 300k base salary to start. 180K is base pay first year in Podank, Nebraska and those positions are filled by foreign residents with med school outside US. People get into pediatrics because the schedule is wonderful and they don't work 40 hours/week, so it's very family friendly if you are a parent. In addition, pediatric centers are not owned by private equity but by the doctors. So you make good money as a business owner too. The work is meaningful- instead of staying in a room full of wire and people coding aimlessly for mostly useless purposes, you nurture life. If you no longer want to practice, you have a miriade of other job opportunities- research, insurance, biotech companies, FDA etc. If you get satisfaction from this, virtually all people respect doctors and are happy to have one in the neighborhood. As a doctor, you get special financing for a lot of things, including real estate. If you are a business owner, you get to structure your own profit sharing. If you work in the hospital, even PT, the hospital will pay your student loans and professional insurance. Being a doctor is way way above 99.9% of any CS jobs, in terms of intellect, prestige, and income - MIT grad here. [/quote] Lol what? Doctor salaries are the highest in areas where there is there is a shortage of doctors—-in other words, podunk, Nebraska. I think your DS is going to be in for a surprise. [/quote]
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