Anonymous
Post 12/08/2023 19:18     Subject: Highest paying jobs for fresh college grads
To answer OPs question…., Software developers for big tech companies.

Amazon, Google, meta, etc. start new graduates at $140 base + $30 bonus + $100k equity over 4 years (which, of course can go down, but will likely go up in value).

Right out of undergrad these are the one of the highest paying jobs - with minimal work, investment in clothes and office politics, and are mostly fun for the types of kids that do it well.

These kids can grind and do this for a few years, before they settle down and coast, making $200k in today’s money for the rest of their career. They can invest consistently, and retire early.

These are the kids that we hire every day and we can’t find enough. When I graduated with my GRADUATE degree 20 years ago, consulting did this for me. But in 2003, I made the equivalent of what is less than $100K today. I was able to save a lot of money and travel, but I had to deal with office politics and socializing, which was not easy for an introvert like me. I settled down and started a family and I’m doing really well now, but the SWE have it pretty good.

Anonymous
Post 12/08/2023 18:29     Subject: Re:Highest paying jobs for fresh college grads
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:My DD graduated from an Ivy and she provides both GMAT and MCAT tutoring while taking a gap year before starting medical school. She scored 527 on the MCAT and 800 on the GMAT. She charges $200 per hour and she only works 20 hours per week. That comes out to be around 200K per year, and since people are paying DD in either bitcoin or cash, no taxes.


Psst: She does owe taxes. Tax evasion is a crime.


I don't know how the IRS can track bitcoin or cash transactions. It is virtually impossible to do that.


It's still a crime, you're just proud of her for being able to get away with it.


+1. The PP is shameful for encouraging her DD to evade paying taxes, just because her DD won't get caught. Cheap and unethical move. Does PP exact "other people" to pay for roads, schools, police, fire, etc? I hope PP will instill ethics in her children.


She is not paying in the SS or medicare, can not collect unemployment so that can hurt in the future. On the other hand, she can probably get food stamps and medicaid.
Anonymous
Post 12/08/2023 18:27     Subject: Re:Highest paying jobs for fresh college grads
Anonymous wrote:
Anonymous wrote:My DD graduated from an Ivy and she provides both GMAT and MCAT tutoring while taking a gap year before starting medical school. She scored 527 on the MCAT and 800 on the GMAT. She charges $200 per hour and she only works 20 hours per week. That comes out to be around 200K per year, and since people are paying DD in either bitcoin or cash, no taxes.


Psst: She does owe taxes. Tax evasion is a crime.


I don't know how the IRS can track bitcoin or cash transactions. It is virtually impossible to do that.


So don't get caught is her moral code?
Anonymous
Post 12/08/2023 14:21     Subject: Re:Highest paying jobs for fresh college grads
prostitution, dancing, and onlyfans
Anonymous
Post 11/25/2023 11:41     Subject: Re:Highest paying jobs for fresh college grads
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Is this a post to ask what to major in, what a new grad should expect to receive (in which case, we'd want to know more about their background)?

New grads starting at quant finance firms like Jane Street, Citadel, DE Shaw, etc. can make $300K (including bonus) a year in the first year. My child has one of these (top university for recruiting, math major, and no joke skills). But this is not something you can just get by getting into a good university. These are kids that probably went to a top high school for math and science and were winning national math competitions even then. His good friend also seriously smart, interned all through high school at computer science start-ups, went to UMD and got coveted internship positions at Google is earning around $200K first year (including bonus).


My DD graduated from an Ivy and she provides both GMAT and MCAT tutoring while taking a gap year before starting medical school. She scored 527 on the MCAT and 800 on the GMAT. She charges $200 per hour and she only works 20 hours per week. That comes out to be around 200K per year, and since people are paying DD in either bitcoin or cash, no taxes.


Yeah, right. Sure. Bitcoin? Yes they are traceable and yes the crypto exchanges do report to the IRS.


One can easily go around the IRS rule. Just write a 17K check to the tutor and say that it is a gift. That way the tutor will not have to pay tax on it. If all of her clients do that, it is completely legit with the IRS.



Uhhh… no. You have no idea what you are talking about.
Anonymous
Post 11/17/2023 10:51     Subject: Re:Highest paying jobs for fresh college grads
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:My DD graduated from an Ivy and she provides both GMAT and MCAT tutoring while taking a gap year before starting medical school. She scored 527 on the MCAT and 800 on the GMAT. She charges $200 per hour and she only works 20 hours per week. That comes out to be around 200K per year, and since people are paying DD in either bitcoin or cash, no taxes.


Psst: She does owe taxes. Tax evasion is a crime.


I don't know how the IRS can track bitcoin or cash transactions. It is virtually impossible to do that.


It's still a crime, you're just proud of her for being able to get away with it.


+1. The PP is shameful for encouraging her DD to evade paying taxes, just because her DD won't get caught. Cheap and unethical move. Does PP exact "other people" to pay for roads, schools, police, fire, etc? I hope PP will instill ethics in her children.
Anonymous
Post 11/15/2023 17:59     Subject: Re:Highest paying jobs for fresh college grads
My DC is one year out of college - made close to 120 K first year as a financial recruiter. It's hard work but an option for kids that do not have math/CS backgrounds. Firm partners make mid-high six figures and beyond. I was surprised - and glad that they enjoy the work which has great benefits.
Anonymous
Post 11/13/2023 22:04     Subject: Re:Highest paying jobs for fresh college grads
This year good paying jobs are turning out to be harder to find. Companies are raking profits, taking advantage of sentiments of a bad economy and are clamping purses not to hire or are hiring for lower starting salaries.

Two kids in two schools about to graduate in 2024: Kid #1 is a CS major from a well reputed / top 10 state college, accepted job in SW consulting in DMV area with $90K starting salary + sign-on bonus + yearly bonus; Kid #2 is a Business major from an Ivy League, accepted job in business consulting in DMV area with $110K starting salary + sign-on bonus + yearly bonus

My kids tell me outright resume rejection (extremely unusual for their respective colleges) is rampant this year. Some of their friends have changed job search plan and are deciding to pursue graduate studies in stead.
Anonymous
Post 11/01/2023 11:01     Subject: Highest paying jobs for fresh college grads
Anonymous wrote:
Anonymous wrote:CS kid from UMD got $170k+ about 4 years ago. My kid’s friend. Higher in today’s dollars


But they might age out of their job at 40. Fields for long term careers where people still do well in their 50s and 60s would be a lot better.

most people don't make $200K with just a bachelors degree. DH and I are 50+. DH is still in the tech field, and I moved on from tech to PM role, with just an undergrad degree from a no name state u. I could've stayed in my tech role but moved to a different role due to internal org issues, not because I got pushed out due to my age.
Anonymous
Post 11/01/2023 10:57     Subject: Highest paying jobs for fresh college grads
Anonymous wrote:CS kid from UMD got $170k+ about 4 years ago. My kid’s friend. Higher in today’s dollars


But they might age out of their job at 40. Fields for long term careers where people still do well in their 50s and 60s would be a lot better.
Anonymous
Post 10/31/2023 09:40     Subject: Re:Highest paying jobs for fresh college grads
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Is this a post to ask what to major in, what a new grad should expect to receive (in which case, we'd want to know more about their background)?

New grads starting at quant finance firms like Jane Street, Citadel, DE Shaw, etc. can make $300K (including bonus) a year in the first year. My child has one of these (top university for recruiting, math major, and no joke skills). But this is not something you can just get by getting into a good university. These are kids that probably went to a top high school for math and science and were winning national math competitions even then. His good friend also seriously smart, interned all through high school at computer science start-ups, went to UMD and got coveted internship positions at Google is earning around $200K first year (including bonus).


My DD graduated from an Ivy and she provides both GMAT and MCAT tutoring while taking a gap year before starting medical school. She scored 527 on the MCAT and 800 on the GMAT. She charges $200 per hour and she only works 20 hours per week. That comes out to be around 200K per year, and since people are paying DD in either bitcoin or cash, no taxes.


Yeah, right. Sure. Bitcoin? Yes they are traceable and yes the crypto exchanges do report to the IRS.


One can easily go around the IRS rule. Just write a 17K check to the tutor and say that it is a gift. That way the tutor will not have to pay tax on it. If all of her clients do that, it is completely legit with the IRS.


So easy to commit tax fraud! I don’t know why everyone doesn’t do that!
Anonymous
Post 10/31/2023 07:57     Subject: Re:Highest paying jobs for fresh college grads
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Is this a post to ask what to major in, what a new grad should expect to receive (in which case, we'd want to know more about their background)?

New grads starting at quant finance firms like Jane Street, Citadel, DE Shaw, etc. can make $300K (including bonus) a year in the first year. My child has one of these (top university for recruiting, math major, and no joke skills). But this is not something you can just get by getting into a good university. These are kids that probably went to a top high school for math and science and were winning national math competitions even then. His good friend also seriously smart, interned all through high school at computer science start-ups, went to UMD and got coveted internship positions at Google is earning around $200K first year (including bonus).


My DD graduated from an Ivy and she provides both GMAT and MCAT tutoring while taking a gap year before starting medical school. She scored 527 on the MCAT and 800 on the GMAT. She charges $200 per hour and she only works 20 hours per week. That comes out to be around 200K per year, and since people are paying DD in either bitcoin or cash, no taxes.


Yeah, right. Sure. Bitcoin? Yes they are traceable and yes the crypto exchanges do report to the IRS.


One can easily go around the IRS rule. Just write a 17K check to the tutor and say that it is a gift. That way the tutor will not have to pay tax on it. If all of her clients do that, it is completely legit with the IRS.
Anonymous
Post 10/31/2023 07:40     Subject: Re:Highest paying jobs for fresh college grads
Anonymous wrote:
Anonymous wrote:Is this a post to ask what to major in, what a new grad should expect to receive (in which case, we'd want to know more about their background)?

New grads starting at quant finance firms like Jane Street, Citadel, DE Shaw, etc. can make $300K (including bonus) a year in the first year. My child has one of these (top university for recruiting, math major, and no joke skills). But this is not something you can just get by getting into a good university. These are kids that probably went to a top high school for math and science and were winning national math competitions even then. His good friend also seriously smart, interned all through high school at computer science start-ups, went to UMD and got coveted internship positions at Google is earning around $200K first year (including bonus).


My DD graduated from an Ivy and she provides both GMAT and MCAT tutoring while taking a gap year before starting medical school. She scored 527 on the MCAT and 800 on the GMAT. She charges $200 per hour and she only works 20 hours per week. That comes out to be around 200K per year, and since people are paying DD in either bitcoin or cash, no taxes.


Yeah, right. Sure. Bitcoin? Yes they are traceable and yes the crypto exchanges do report to the IRS.
Anonymous
Post 10/30/2023 14:41     Subject: Re:Highest paying jobs for fresh college grads
Anonymous wrote:
Anonymous wrote:Is this a post to ask what to major in, what a new grad should expect to receive (in which case, we'd want to know more about their background)?

New grads starting at quant finance firms like Jane Street, Citadel, DE Shaw, etc. can make $300K (including bonus) a year in the first year. My child has one of these (top university for recruiting, math major, and no joke skills). But this is not something you can just get by getting into a good university. These are kids that probably went to a top high school for math and science and were winning national math competitions even then. His good friend also seriously smart, interned all through high school at computer science start-ups, went to UMD and got coveted internship positions at Google is earning around $200K first year (including bonus).


My DD graduated from an Ivy and she provides both GMAT and MCAT tutoring while taking a gap year before starting medical school. She scored 527 on the MCAT and 800 on the GMAT. She charges $200 per hour and she only works 20 hours per week. That comes out to be around 200K per year, and since people are paying DD in either bitcoin or cash, no taxes.



What’s her name, so I know to avoid her as a physician in the future.
Anonymous
Post 10/30/2023 14:39     Subject: Highest paying jobs for fresh college grads
Anonymous wrote:My kid will make $110k in finance when he graduates.

Plus bonus which could be double or triple that.