RedBirds2011 wrote:You see, I agree with most of what you said here especially with respects to the loans. However, i have heard of very very few people hitting 50-60,000 straight out of undergrad, especially ITE. To me, that is an insane amount of money to make straight out of college with hardly any experience. .
This really comes down to where you grew up and what your background is. $50,000 in barely enough to live decently in NY, while compared to where I used to live, it'd make you one of the wealthiest in town.
Even in NY, there are very few jobs that pay such a high salary straight out of college. Typically, it means an Ivy degree (that may have set you back $100-$200k already) and the kind of work that requires 10+ hours per day, 6 days a week. If somone works 70 hours a week, 50 weeks a year, that comes down to $14 per hour, so the wage isn't actually that high, if you think about it.
But I do agree that this generation has a big entitlement thing going. If I were to lose my job today, I'd be flipping burgers at McDonalds tomorrow. Somehow I don't see many college educated people doing that today.