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Maybe, but $280K in SF pays off the student loans a hell of a lot faster than $83K in the middle of nowhere.
by pmiller2 10y ago
Maybe, but $280K in SF pays off the student loans a hell of a lot faster than $83K in the middle of nowhere.
- draw_down 10y agoYep. Fixed costs.
- merpnderp 10y ago$83K in the middle of nowhere is for entry level positions. $280K in San Fran are rock stars well into the 99% of salaries. You're comparing a starting first year fresh out of school who can easily afford a McMansion on a large acreage with a seasoned developer who's in the top 1% of their colleagues who can now just afford a nice condo.
- lpappone 10y agoMost new grads don't want to live in a McMansion in the middle of nowhere, even if the salary is great. They want to live in a city with fun things to do and tons of people their own age.