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re: SEC Median Individual Incomes at Age 34 and Share in the Top 10% - NYT Upshot
Posted on 4/19/18 at 9:48 am to Weagle25
Posted on 4/19/18 at 9:48 am to Weagle25
quote:
Accounting seems like a weird one to stick in there.
Yea, definitely not in that category at most of these schools from a difficulty, number of graduates or income perspective.
NO I'M NOT BIASED AT ALL
0
Posted on 4/19/18 at 9:49 am to rockiee
quote:
These numbers can't be right because I'm rich
GUYS, I DROPPED OUT OF HIGH SCHOOL IN 9TH GRADE AFTER HAVING MY 7TH KID WITH MY 5TH BABY MOMMA........AND HELL, I MAKE $865K A MONTH. FROM MY TRAILER COUCH.
Posted on 4/19/18 at 9:53 am to SummerOfGeorge
quote:
GUYS, I DROPPED OUT OF HIGH SCHOOL IN 9TH GRADE AFTER HAVING MY 7TH KID WITH MY 5TH BABY MOMMA........AND HELL, I MAKE $865K A MONTH. FROM MY TRAILER COUCH.
fricking bitcoin
Posted on 4/19/18 at 9:56 am to SummerOfGeorge
quote:
You guys are underestimating how many teachers/case workers/journalism folks/marketing people/etc are churned out and live in places with really low costs of living while not being the sole source of income for their family.
I'm really not.
There aren't nearly as many teachers as you're implying.
There are 46,493 teachers in public schools in Louisiana and only a very small fraction of those actually went to LSU and of those, many stop teaching by the time they're 34 (become stay-at-home moms or just quit because it sucks).
There are 225,000 LSU alums out there. I just don't see it.
This post was edited on 4/19/18 at 9:58 am
Posted on 4/19/18 at 9:56 am to CarolinaGamecock99
quote:
Seems like a lot of people are going to college and getting shitty degrees. Making less than 40k at 34 is awful
Yep it sucks pay teachers here more.
Posted on 4/19/18 at 9:57 am to TonyMontana
quote:
Think of all the coaching, teaching, social worker, accounting, marketing, finance, etc. degrees these state universities churn out.
They all start super low, and most stay low. The business school types can advance quickly, but it's probably tougher with a state U degree.
coaching, teaching
Stay low, but coaching can definitely get higher than 42k. And there aren't as many as you think.
quote:
accounting, marketing, financ
90% of these start above the medians listed here and by the time they're 34, make WELL above it.
Posted on 4/19/18 at 10:00 am to TheCaterpillar
quote:
There are 46,493 teachers in public schools in Louisiana and only a very small fraction of those actually went to LSU and of those, many stop teaching by the time they're 34 (become stay-at-home moms). There are 225,000 LSU alums out there. I just don't see it.
Lot of people who work at the University, in State Government, in mid-management at large companies, etc.
And again, if you are the manager at a branch of some national company in Monroe, LA or Orangeburg, SC, $62,000 a year is a very reasonable salary that you can comfortably raise a family with.
I wouldn't be shocked if they included part-time work in those numbers, which would drag it down a little bit, though.
This post was edited on 4/19/18 at 10:02 am
Posted on 4/19/18 at 10:01 am to TonyMontana
quote:
These state schools, like mine, make their living off selling these low paying type degrees in bulk.
Most accurate statement of the whole thread. There are a number of fairly popular majors that don't pay much without going to graduate school. Psychology, History, Biology, Criminal Justice, English, Liberal Arts, Communications.
It's really not that much of a surprise either, lots of people graduating with a particular degree = lots of supply for those skills.
It's the less popular degrees (in some cases much more difficult to obtain) that lead to higher paying jobs. Engineering, Economics, Finance, Mathematics, Computer Science/MIS, etc.
And not all business degrees are created equally. A marketing or general management degree is not looked upon the same way that Finance or Econ are.
This post was edited on 4/19/18 at 10:05 am
Posted on 4/19/18 at 10:03 am to bigdawg7780
quote:
Yep it sucks pay teachers here more.
Teachers in Metro Atlanta get paid $45-55K with 2 full months off (the equivalent of $60-65K in the normal, 12 month world), solid, free health care and an incredible retirement package that isn't matched by any employer/industry in their income bracket.
They do just fine.
Posted on 4/19/18 at 10:05 am to SummerOfGeorge
quote:
I wouldn't be shocked if they included part-time work in those numbers, which would drag it down a little bit, though.
It must.
quote:
And again, if you are the manager at a branch of some national company in Monroe, LA or Orangeburg, SC, $62,000 a year is a very reasonable salary that you can comfortably raise a family with.
Which is a reasonable title at age 34 and well above the median here.
quote:
Lot of people who work at the University, in State Government, in mid-management at large companies, etc.
I work in mid-management at a large company and make well above this median and I'm 30. And I'm certainly no rock star at my company.
University employees with college degrees and state government employees with college degrees all make more than 42k.
Posted on 4/19/18 at 10:06 am to TheCaterpillar
My guess would be it includes part-time workers and only base salaries.
Posted on 4/19/18 at 10:09 am to SummerOfGeorge
Have to agree. These look low.
Posted on 4/19/18 at 10:09 am to SummerOfGeorge
quote:
and only base salaries.
Well that's a good point I didn't think of.
Might not include bonus structures, which can be a huge portion of the comp in finance and sales.
Posted on 4/19/18 at 10:10 am to TheCaterpillar
quote:
Might not include bonus structures, which can be a huge portion of the comp in finance and sales.
Yep - that has to be part of it.
Posted on 4/19/18 at 10:11 am to SummerOfGeorge
There's a whole hell of a lot of low paying degrees out there. I'm going to make sure my daughter understands this. In fact, there are a shite ton of degrees where you'd probably be better off going to a tech school and/or doing an apprenticeship and not amassing a bunch of student loans for a degree that will never amount to a lot. Take it from the graphic designer who just happened to get lucky and land in the military/aerospace technical side unlike most of his contemporaries.
Posted on 4/19/18 at 10:13 am to Teague
What does the male - Female split look like? A&M men’s med is over 78 while women’s are around 44.
All the men do business, engr, answer Ag. I guess the woman are doing degrees with less demand.
All the men do business, engr, answer Ag. I guess the woman are doing degrees with less demand.
Posted on 4/19/18 at 10:14 am to Farmer1906
quote:
I guess the woman are doing degrees with less intelligence required
FIFY
I kid I kid
Posted on 4/19/18 at 10:15 am to Farmer1906
quote:
What does the male - Female split look like? A&M men’s med is over 78 while women’s are around 44. All the men do business, engr, answer Ag. I guess the woman are doing degrees with less demand.
Good question - I thought about posting that but didn't feel like getting into the 17 side discussions that would have popped up.
Men - $78,600
Women - $44,400
Posted on 4/19/18 at 10:19 am to ForeverGator
quote:
Curious of the percentage of A&M alum that work in the oil and gas industry....
High. And a lot that do Finance or Accounting then go on to a big 4 for accounting/consulting
Posted on 4/19/18 at 10:21 am to Farmer1906
quote:
Have to agree. These look low.
I've seen these types of numbers for a while now, and I'm not seeing anything unusual.
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