Don't tell me that this is not some sort of crisis. Thousands of people are graduating every year with $100,000 or more in debt, and they are lucky to land jobs that make $50,000 a year and require a 60-70 hour per week commitment.
It all makes the other American dream look a lot better. (The other American dream is getting hit in the knee with a hammer and then faking disability for 30 years or getting paid by four different companies to spend all day getting drunk in a tunnel that was supposed to be finished 19 years ago.)
2 comments:
why are there so many 160k jobs available?
from 2001-08, no large firms wanted to lose candidates because of money. so 165k ended up being the absurd starting salary for new lawyers who were from top schools, in the top 10% of their class, or who had good nepotistic connections. for the privilege of working seven days a week.
and that's twenty-something percent of 2008 grads with jobs who answered the survey who are making 165k. i doubt that the survey mirrors reality.
most of those firms will have lower starting salaries from now on.
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