| > Not by Silicon Valley standards Ph.D. students don't get "poached", they "graduate or drop out" and then "get jobs". The people being poahced are professors and scientists in permanent positions. I think people tend to under-estimate a full professor's salary at a top CS deapartment. The average salary of an associate professor at CMU is $138,000, full professor $194,000. Before consulting, money from research spinoff startups, etc. Even not adjusting for cost of living, I'm not sure how that's "not by Silicon Valley standards". And adjusted for cost of living, Pittsburgh is in one of the cheapest cities in the US (e.g., it's not uncommon for CMU grad students to buy houses in reasonable areas of the city on their $30-40k/yr PhD stipends). I'm not sure about non-faculty research scientists and so on, but I would imagine the $50-$100 range is about right. Which, again, adjusted for cost of living, is right there with SV. Edit: E.g., according to the obviously-take-with-a-grain-of-salt CNN COL calculator, the average CMU professor would have to make $324,000 to have a comparable salary in SF. So I guess "not by SV standards" is probably actually accurate, just probably not in the way you meant |
Even so, there's a PhD student in my program who bought a house last year, and I thought seriously about it myself in my second year. Housing truly is cheap in Pittsburgh.