Average salaries of Ivy League grads

[alkemyst]

Great program, and highly highly competitive from what I remember. She's gotta be a smart cookie. I met some of the Vet students/professors when I was doing research at UPenn/HUP. They were all really good people. :thumbsup:

The vet I worked for 20 years ago and that's still my vet graduated from there and Columbia for undergrad.

He graduated with honors both times. Phi Beta Kappa at Columbia.

 

[brblx]

and this means....absolutely nothing.

HAY GUYS COLLEGE GRADS IN NEW YORK MAKE MORE THAN COLLEGE GRADS IN ALABAMA. WHODA THUNK!?!

do people honestly pick out a random school and 'career' (lulz at that shit, that never works) based upon random worthless stats compiled by retards?

i bet a north korean nuclear engineer makes more than an american dirt farmer. maybe you should all move to north korea.

 

[Bignate603]

all depends on location. $40k in cali might be tough, $40k in the middle of nowhere could have you living like a king.

i'd say i'm doing pretty damn well, although i have a lot of monthly costs that eat away at my salary more than i'd like (10% to retirement, car + rent + motorcycle + student loans is a large chunk right there)

that being said, i am paying back my student loans 2.5x faster than needed....my hope is that in another 2 years i'll have the bike and student loans paid off...possibly even the car depending on raises. i'd like to be in a position to consider buying a house, too.


fwiw i gross $67k/year, and clear about $36k after taxes and retirement (retirement is pre-tax)

Pretty much anywhere you can move out of your parent's house on $40k. In cities with high cost of living you'll be living in a cheap rental with roommates and will need to watch how you spend. However, it's still possible to get by.

 

[alkemyst]

$67k with only $36k after taxes and 10% retirement seems off.

When I was making about that I had closer to 50k left over doing 10%

 

[VinylxScratches]

This info is all crap since everyone in ATOT makes 1 million. Everyone knows this.

 

[SandEagle]

In a recent thread someone sneered that we were paying an engineer "only" $55K as a new graduate. SmartMoney magazine studied "payback" rates of various schools by factoring in graduates' salaries after 2 years and again after 15 years, and I thought the new graduates' salaries were interesting.

So here are the average salaries of Ivy League grads 2 years after graduation, as reported in SmartMoney magazine.

U Penn $59,600
Princeton $58,900
Cornell $57,500
Harvard $57,300
Columbia $54,300
Dartmouth $54,100
Yale $52,600
Brown $49,400

you can make this straight outta community college with very little school debt

 

[brblx]

in an area where a generic four year degree is lucky to start you at ~25k? no.

in a place where <100k means you need roommates...yeah, probably.

do people seriously think cost of living is just like a 5-10&#37; difference or something?

depending on your area, these salaries could be a big brick house or they could be an apartment in the ghetto.

 

[Fenixgoon]

$67k with only $36k after taxes and 10&#37; retirement seems off.

When I was making about that I had closer to 50k left over doing 10%

checking my LES...1570/2 weeks. that's after 165 in state tax, 365 in fed tax, 280 in retirement (my 10% + employer contribution), and another 210 in SS/health insurance/etc.

 

[alkemyst]

you must be getting raped on insurance or something.

 

[brblx]

the only way he's getting raped on insurance is if he's single. if he has a family, even a full 420/mo would be ridiculously cheap. i know people who pay more than that for employee + spouse.

i'm convinced you're either twelve years old or have severe schizophrenia. come join reality whenever you're ready.

 

[OILFIELDTRASH]

This info is all crap since everyone in ATOT makes 1 million. Everyone knows this.

ATOT > Harvard

 

[alkemyst]

the only way he's getting raped on insurance is if he's single. if he has a family, even a full 420/mo would be ridiculously cheap. i know people who pay more than that for employee + spouse.

i'm convinced you're either twelve years old or have severe schizophrenia. come join reality whenever you're ready.

I have never paid more than $200 with a company for myself and a spouse. I am currently paying about $70 every two weeks for myself and a spouse.

If you are under 40, $420 a month should get you private health insurance for a basic family, champ.

 

[blinky8225]

I don't know what market you're in, but in Atlanta where I'm at if you ask for $80k with a degree but no relevant job experience, you would get laughed at. Doesn't matter what school you graduate from or what your GPA was.

For nationwide firms, the city doesn't matter. Consulting and banking companies with multiple offices pay the same rate nationwide for new recruits. I personally know several people that started at $70k in Atlanta. After bonuses they were making 6 figures first year out of college.

No one I know is arrogant enough to demand $80k, but consulting and banking firms seem to have convinced themselves that they need to pay at least $70k to attract talent. I won't claim that I'm any smarter based on the school that I went to, and they could probably get the same work done hiring state school graduates at $50k, but that's how they choose to do business.

 

[duragezic]

My school's career center has salary data (job offers) each year:

http://www.career.mtu.edu/general/salary/mtusalarydata.php

Pretty high if you ask me. They've been like that since I started looking around 2007 when I was about to graduate. Though you have to think the figures are inflated as the people who submit the info are often those who had job offers lined up for when they graduated and better than average.

Generally $55-60k for most engineering major averages. So your company paying $55k for an entry level engineer is totally in the ballpark.

 

[herm0016]

i graduated in dec. of 08 from MTU and made about 65 the next year, then 78 and should be between 85 and 90 this year.

55 for entry seems fine to me. i work many many more hours than most engineering jobs.

 

[Icepick]

Hey everyone! F IVY LEAGUE GRADS! 🙂

 

[TecHNooB]

I recently graduated from a top 10 school (as ranked by US News), and I know that those are low. The standard salary offer for almost every job was $70,000 (before bonuses). Anything lower was pretty much scoffed at. As long as you graduated in the top half of your class, even with a liberal arts degree, you could find one of these jobs. However, some people purposely picked lower-paying industries, e.g. teaching or research assistant jobs, which is probably why the averages are lower.

On the other hand, pretty much every competent computer science major that I knew had offers of $80,000+. So to make your comparison fair, you would have to be looking at the average engineering salaries, which are significantly higher than those figures listed above.

You would hardly feel the recession at these institutions.

not sure if serious. i feel like zoidberg right now.