Most developers right out of college will be starting at around the 50K mark. if you have a master's, you may get started at 60K. Of course, this is in cheaper states like Washington, Florida, Texas, Arizona, etc. You may get similar offers from NY and MA, but then that is sheer exploitation in my opinion. I know of these numbers because of a couple of software consultant friends.
On the positive side, if you gain proper experience within two years, you could job-hop to an area like Seattle or San Diego and make around 70-80K. Mind you, these are just the averages, and most of us are exactly that, average. You have to be really lucky, specially in the this economy, to get an offer of more than 60K right out of college [without experience]. As a side note, it is easier to land a job if you have proper knowledge in some of the enterprise technologies like JAVA or C# and SQL.
If it's a concession, try and negotiate the social aspects of your incentives. Salary is not the only thing you should be worried about - ask about promotion, yearly reviews and raises, and training. For example, if they offer you 50K with guaranteed 6K of training of your choice, use the training to get ready for job-hopping

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