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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Can't deny that the cream of the crop of current college graduates are going to start out at six figure salaries, even if it's just $104k, which means they are making more money than many experienced middle aged people with master's degrees. And if you start out in the six figures, you are embarking on a life trajectory that is quite different from someone starting out at 50k. Despite that the person making 50k isn't necessarily less intelligent. All due to choices and decisions.

I try to pass on this lesson to the young people I know. They never listen. [/quote]
They never listen because it is not true for a large subset of of people. 
DH and I went to law and med school after college around 1998. Residents made 30k per year then, after med school, for 4 yrs for many specialities, then the real salary started at 115-130k around age 30 if no gap year, partner track boost to 250k two years later (age 32-33) now it its 300-350k for the last 8 yrs. DH made 110k after law school for a few years then moved into the 275k+ years around age 35 at a top regional but non-big-law firm. we are a little below average for our dr and lawyer friends: plenty make a lot more. 
We had so many friends from our T10 who went into finance, pharmaceuticals, etc and made 70k starting in 1998, worked up to 100k or so and stayed there only a few years until they burnt out/lost/changed jobs, many repeatedly over the years. They outearned us when they graduated but we began to outearn them around age 32. The big alum donors from the '95-'00 classes who are not from generational money are lawyers, doctors, and those who have managed to have successful startups despite the dotcom bust a few years after we graduated.[/quote]

Nobody thinks a doctor’s residency salary will be their final salary…though the median doctor salary in the DMV is about $300k (and that doesn’t include residency salaries in it).

Also, there is absolutely no way the top donors from your top 10 class are lawyers and doctors…absolutely none unless those doctors went on to start companies or the lawyers became plaintiff’s attorneys and won massive class action settlements (which is the background of the wealthiest attorneys as well as Judge Judy). I guarantee there are plenty of alums that went into banking or PE or hedge funds or VC or maybe just went to work at Google in 1998 and after 10+ years were worth $100MM+ because of their options.[/quote]

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