Anonymous wrote:The average starting salaries at DC's ivy and their friend's ivy+ are over 100k for Engineering/CS and over 85k for arts and sciences. 2025 data. The job market favors top schools.

Students from top schools also go to the highest HCOL job markets.

I do not have fond memories of studio rent in DC in 1991 or my DH (then boyfriend) auditioning to be accepted as a roommate so he could overpay for a bedroom in a group house. One of those ratty houses was recently gutted and sold for $1M+.

I lived in a one room studio for 7 years which is how I had no problem skipping a move-up to a 4 BR when I finally entered the homeownership phase of life.

The extra money mainly fuels a difficult to afford property cycle.

Anonymous wrote:

Anonymous wrote:What are kids earning straight out of college in Boston/NY?

I would plan for $30,000 or $40,000.

I think the days of typical 22-year-old hires getting $75,000 per year are mostly gone.

completely false

The average starting salaries at DC's ivy and their friend's ivy+ are over 100k for Engineering/CS and over 85k for arts and sciences. 2025 data. The job market favors top schools.

Kid got offers ranging from 60-75K

My kid is graduated with a business degree from Northeastern later this month. He's got a consulting job lined up in Boston which will pay him approximately $85K. That doesn't go that far in Boston, where he is expecting to pay $1700-$1900 per month for rent (per person in a three bedroom apartment with three people), but its really pretty good. Its more than I made coming out of law school, many decades ago!

Anonymous wrote:People on here talk about how much their FAANG kids are making. However, my friend is paying for her FAANG CS major daughter's first studio apartment rent in Manhattan for a year. Then her daughter is supposed to find roomies.

My nephew works at a FAANG company in an AI-specific CS role. Started at $135k for a 100% remote job out of college.

At my company about $50k but we are not hiring junior people now

A friend's daughter has multiple NYC offers for 50,000 which she can't afford to take due to the cost of living.

It still varies by the specific degree. Quants will usually be paid more than an education degree.

Anonymous wrote:

Anonymous wrote:What are kids earning straight out of college in Boston/NY?

I would plan for $30,000 or $40,000.

I think the days of typical 22-year-old hires getting $75,000 per year are mostly gone.

Agree with this. kids are taking what they can get.

Anonymous wrote:What are kids earning straight out of college in Boston/NY?

I would plan for $30,000 or $40,000.

I think the days of typical 22-year-old hires getting $75,000 per year are mostly gone.

People on here talk about how much their FAANG kids are making. However, my friend is paying for her FAANG CS major daughter's first studio apartment rent in Manhattan for a year. Then her daughter is supposed to find roomies.

75k ballpark. A bit higher for analyst roles requiring more quant knowledge and a bit lower for roles that lean more administrative.

Northeastern publishes by college here:

https://careeroutcomes.northeastern.edu/salaries/

Boston Univ: https://careers.bu.edu/channels/post-graduation-outcomes/

NYU: https://www.nyu.edu/students/student-information-and-resources/career-development-and-jobs/about-us/career-outcomes-surveys.html

What are kids earning straight out of college in Boston/NY?