| > Starting salaries for recent grads from decent colleges are $90k now on average. I graduated ~7 years ago. Besides this figure being far higher than I experienced as a starting salary, 1) These salaries are for high cost of living areas. Rent can and often is $25,000 or more a year. 2) These high cost of living areas, homes can and readily list for $1,000,000 or more, which is, in your estimate, 11 times the starting yearly salary, ignoring every and all expenses. 3) These 'decent colleges' can put you in several hundred thousand dollars in debt. 4) $180-$400k is not in the salary range for most software developers. This is well above average. There's no way I'm buying a home when I'm 30. When I do, there is no way I will own it outright. And I feel like I make a good living for myself. |