Reply to Which schools DON'T go to the "other" pile for McKinsey?

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Reply to "Which schools DON'T go to the "other" pile for McKinsey?"

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[quote=Anonymous][quote=Anonymous]Just a quick aside - but even the high salaries offered by McKinsey or Big Law no longer mean a young person can l buy a first home  in close-in neighborhoods comfortably even with no debt.  Cost of living in big cities is out of control.  My DC was offered a dream job at a non profit and it paid $45K - she turned it down for consulting so she could live the life she wants.    I’m hoping one day she will pursue her dreams to help those in need but for now she’s happy to be independent and not financially strapped.  [/quote]

What are you talking about?  My nephew graduating this May will be making $115k base as a 22 year old.  He does not have school loans.  If he's sensible and saves half that salary for a few years (easy to do if you have saving goals), then he'll have both the down payment and the high income to buy a home in DC within 3 yrs.  If they have good bonus years, he could buy in 2 years

THAT's why people take these $h!tty jobs with no work-life balance. To get on the property ladder early, to pay off school loans, to buy investments, etc.  [/quote]

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