84Sunbird2000 wrote:Just to add on about employment numbers: 140k (or even 80k) in Virginia/DC/Mid-Atlantic > 160k in NYC in terms of what you get (COL comparisons). Since Fordham is NYC or NYC, 95% of their 160k jobs are in the place where 160k goes the least far. W&M's numbers are very non-NYC, and thus I'd take 115k - assuming the worst regarding the 20% gap for those who didn't report at W@M - from W&M every day.
thats subjective. new york city has so much more to offer (variety) that cannot be matched by anywhere in virginia, so the QOL might not be as comparable as you make it to be.
Oh, I understand that NYC's "attractions" trump the COL considerations for some people. I guess I don't understand what you can get in a city of 10 million that you can't get in a city of 2 million, so in that sense I was biased.
However, when it comes to how much housing/food/savings you can get at X dollar amount, it's not really that subjective. You can buy a nice 3-bedroom house and have equity, while in NYC you would probably be living in a small condo or paying rent. COL calculators have a certain statistical usefulness.
Of course, I'll probably live in a custom-constructed 500-square foot energy efficient 2BR/1BA pad on the corner of a farmer's field. BUT, I just like pointing out that Fordham and Cardozo's big salary numbers don't necessarily beat or equate to other schools' lower median salaries with different placement regions.