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Gen Z Is Overestimating the Average Starting Salary by $50K, Survey Finds

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51–55 of 55 posts

Re: Gen Z Is Overestimating the Average Starting Salary by $50K, Survey Finds

#51

Earlier quoted context omitted.

> In a way I can agree with that, but we need to change the narrative. Instead of telling kids to go to college to get a job, we would need to change it to "go to college to learn interesting things." When we tell kids that, that's the expectation they will end up having when they go. 100% > The demand for college also has to go way down to make it more affordable, save for maybe an act on the government's part. Lear…

I say decrease demand, because people are going to college for the wrong reason. People have been told that they cannot get a good job without a college education, and that is simply not true. Because everyone thinks thy need one in order to live comfortably, tons of people who otherwise would not think of going, or even want to go, end up going. This ends up raising the price, because universities know they can get…

In an ideal society, the number of people who want to learn as much as possible about the world would equal the number of people in the population :D

There definitely needs to be some sort of government-imposed improvement on the cost of higher education. In many European countries, university is free; if only we in the US could do something like that. However, I'm pessimistic about that ever being possible, because 'Murricans hate the idea of paying for anyone else in any way, even if it's only like $12/month from them for everyone in the country to get an education. (BTW, that figure comes from my recent calculations during conversations with folks about the recent student loan forgiveness announcement.)

Basically, an educated society is better for everyone, but people in the US are generally selfish and childish enough to get actively angry if they're asked to help other people be more educated... or to help other people for any reason. It's like most Americans, or at least the most vocal, live in a society but think they are isolated from the world on a self-sustaining desert island or something.

Re: Gen Z Is Overestimating the Average Starting Salary by $50K, Survey Finds

#52

Earlier quoted context omitted.

The risk I'm concerned about isn't that my current employer will fire me. It's that if I switch to another job, I might not last long at the new employer. That said, I'm doing the job switch thing anyway; not to get more money, but because I've grown to hate my career and am hoping to switch into a more creatively fulfilling one. If I can find such a job with a larger paycheck, of course I'll take it; but I'm also wi…

Fair enough, best of luck

Thanks! Good luck to you, too, in whatever endeavors are on your plate these days.

Re: Gen Z Is Overestimating the Average Starting Salary by $50K, Survey Finds

#53

Earlier quoted context omitted.

He’s saying 60k of the compensation is equity and other fringe benefits

Yep! Exactly this! Apparently I need coffee to be coherent!

What's wrong with 60k of equity each year? Most engineers are Google are vesting their equity monthly, so if they sell it into the open market immediately it's as good as salary.

Re: Gen Z Is Overestimating the Average Starting Salary by $50K, Survey Finds

#54
post #37

Earlier quoted context omitted.

> That said one needs to be realistic about it, is going to college really going to make you 3x more productive at 22 than if you didn't? Obviously this depends on what you might have done instead… If on the one hand you went to college and learned to program, and on the other hand you didn’t go to college and didn’t learn to program, then you are going to be 100x more productive (as a programmer) having gone to coll…

I learned plenty of things in college. The real question is how much of it is stuff I actually use today, especially for my job. Calculus - no, literature - no, Spanish - no, English - no (HS level is sufficient), cryptography - no, networking - no, COBOL - no, assembly - no, business minor classes - barely, all those liberal arts - nope.

And yet, had you not learned to program, a programming job right out of college would have been out of reach.

So it’s possible to learn something at college that makes you 10 times more valuable for a particular job.

Re: Gen Z Is Overestimating the Average Starting Salary by $50K, Survey Finds

#55
post #37

Earlier quoted context omitted.

I learned plenty of things in college. The real question is how much of it is stuff I actually use today, especially for my job. Calculus - no, literature - no, Spanish - no, English - no (HS level is sufficient), cryptography - no, networking - no, COBOL - no, assembly - no, business minor classes - barely, all those liberal arts - nope.

And yet, had you not learned to program, a programming job right out of college would have been out of reach. So it’s possible to learn something at college that makes you 10 times more valuable for a particular job.

I learned how to program in HS. A bootcamp could also teach someone how to program. So could an associates degree. But employers just want the credentials of a BS or MS. For whatever reason, associate degrees are uncommon and looked down upon.

So sure, you could learn something useful in college, but there are more efficient/cheaper ways to do it. A lot of college is waste due to excessive employer demands for credentials and bureaucratic school requirements (liberal arts, foreign languages, etc).

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