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Started By
Message
What is a decent starting salary out of college?
Posted on 2/16/22 at 10:06 pm
Posted on 2/16/22 at 10:06 pm
Have no clue what I want to do or how much I can even make.
15
Posted on 2/16/22 at 10:08 pm to lsudepression
$80,000
Posted on 2/16/22 at 10:11 pm to lsudepression
Depends what you major in
Posted on 2/16/22 at 10:29 pm to lsudepression
I thought I was rich making 48k when I graduated in 2008. I wasn’t.
Posted on 2/16/22 at 10:44 pm to lsudepression
Posted on 2/16/22 at 10:56 pm to lsudepression
quote:
Have no clue what I want to do or how much I can even make
Well then your original question is moot.
A decent starting salary can be anywhere from $40k -$200k+ depending on the field.
Posted on 2/17/22 at 4:54 am to lsudepression
Accountant here. 10 years ago came out making $45,000.
So with inflation and all I’d shoot for $350k.
So with inflation and all I’d shoot for $350k.
Posted on 2/17/22 at 5:22 am to lsudepression
Depends on a number of factors, but from my experience there is a huge misconception around this.
Outside of being an MD, you will not earn what you think with 0 experience. However in 2-5 years with hard work you can have a 100% uplift.
Outside of being an MD, you will not earn what you think with 0 experience. However in 2-5 years with hard work you can have a 100% uplift.
Posted on 2/17/22 at 6:42 am to lsudepression
quote:
Have no clue what I want to do or how much I can even make.
This is the MT and not OT so I’ll be polite, but bruh you should be looking into this and not have to ask on a message board.
Out of college and first 10 year salaries are very overrated. Find a field you enjoy doing every day, and then figure out how to make money doing it. There’s money out there in almost every field. Happiness is making decent money and enjoying it.
Posted on 2/17/22 at 7:20 am to lsudepression
50k is decent i think. 60k would be good. 70k would be great.
Posted on 2/17/22 at 7:37 am to lsudepression
Depends what you're doing. If you want to be a doctor then you have to go to medical school for 4 years and then do a 4-5 year residency and potentially a 1-2 fellowship so you are looking at 5-7 more years after undergrad before you make decent money.
Engineering you can start anywhere from $60-125k depending on what you're doing and who you work for.
Engineering you can start anywhere from $60-125k depending on what you're doing and who you work for.
Posted on 2/17/22 at 8:39 am to lsudepression
Some information technology majors can demand 100k salary.
Some philosophy majors can bank $14 a hour plus tips at Starbucks
Some philosophy majors can bank $14 a hour plus tips at Starbucks
Posted on 2/17/22 at 8:59 am to lsudepression
quote:
Have no clue what I want to do or how much I can even make.
And neither do we.
But I like this advice:
quote:
Out of college and first 10 year salaries are very overrated. Find a field you enjoy doing every day, and then figure out how to make money doing it. There’s money out there in almost every field. Happiness is making decent money and enjoying it.
Posted on 2/17/22 at 10:07 am to lsudepression
My experience "wisdoms" FWIW...
Think long term
Target careers, not jobs
Carefully consider what you like (not necessarily love) to do
Never ignore who you are (ie, DNA/your wiring)
Don't just think technical job skills (chemist, engineer, marketing, psychology, nurse) but all the other important parts that you may not be thinking about right now...leadership, people engagement, routine work (finance) versus non routine work (computer programming, product launches), office vs. field work, corporate vs. entrepreneurial, etc.
Once you have figured it out, don't anchor your whole career to your degree meaning if you study economics, you don't necessarily have to become an Economist (or even economics related). The world is changing fast, critical thinking is more important than a discipline of study for many careers (not all)
Get a mentor or subject matter expert who you can lean on for questions like in your post
Think long term
Target careers, not jobs
Carefully consider what you like (not necessarily love) to do
Never ignore who you are (ie, DNA/your wiring)
Don't just think technical job skills (chemist, engineer, marketing, psychology, nurse) but all the other important parts that you may not be thinking about right now...leadership, people engagement, routine work (finance) versus non routine work (computer programming, product launches), office vs. field work, corporate vs. entrepreneurial, etc.
Once you have figured it out, don't anchor your whole career to your degree meaning if you study economics, you don't necessarily have to become an Economist (or even economics related). The world is changing fast, critical thinking is more important than a discipline of study for many careers (not all)
Get a mentor or subject matter expert who you can lean on for questions like in your post
Posted on 2/17/22 at 11:11 am to lsudepression
In addition to major, geography plays a big role. 50K is plenty for a single person in Baton Rouge/Memphis etc. It is peasant wages in NY or SF.
Posted on 2/17/22 at 12:22 pm to lsudepression
All depends on your situation.
I made probably like just under $40k my first job out of college a decade or so ago but my living situation was paying $400/mo in rent splitting a 2 bedroom apartment with a roommate. I also only had student loan debt, no car debt, C.C. debt, other debt when I first started out and my total student debt was only like $32k or so so payments werent bad at all even on the 10-year normal payback plan.
I felt like a $40k millionaire honestly coming out of school
I made probably like just under $40k my first job out of college a decade or so ago but my living situation was paying $400/mo in rent splitting a 2 bedroom apartment with a roommate. I also only had student loan debt, no car debt, C.C. debt, other debt when I first started out and my total student debt was only like $32k or so so payments werent bad at all even on the 10-year normal payback plan.
I felt like a $40k millionaire honestly coming out of school
This post was edited on 2/17/22 at 12:23 pm
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