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If you’ve been working since the 90s and are only making $200k/yr in tech (less than the total compensation of some new grads going into FAANG), then you’re act

by sp527 6y ago

If you’ve been working since the 90s and are only making $200k/yr in tech (less than the total compensation of some new grads going into FAANG), then you’re actually a case study on behalf of the value of a (good) CS degree.

nevertoolate 6y ago
Funny to read about these salaries from Europe, where you can hire two pretty GREAT programmers from that money. For me it doesn’t tell anything about university degree AT ALL.
- P_I_Staker 6y ago
  OP's perspective is clearly very skewed, even for the USA. $100-150k is considered absurd compensation for most of the country that isn't silicon valley.
subjctvtime8 6y ago
Well, I don’t live in SF. Salaries are relative. Those grads haven’t been offloading overvalued investment properties bought in the 2010s. That paid off much cheaper properties from the mid-00s, which are much closer into the urban hub. Curious to see how much they’ll be worth as the move to rebuild the urban area as live/work/retail structures replace the houses there now. Even if this bubble bursts, they’re paid off (as well as the house I live in). I don’t make as much salary, but did mention I’ve been their stock. FAANG is making me rich otherwise. Given my more “midwestern” cost of living, I could probably retire. But again like I said I’ve been coding since I was a kid. It’s like speaking English and making a PB&J for me. I’d be doing it anyway. It’s like free money without the Silicon Valley bullshitshow.
jason0597 6y ago
>If you’ve been working since the 90s and are only making $200k/yr in tech (less than the total compensation of some new grads going into FAANG) I think you should be clear that when you say "some new grads going into FAANG", the word "some" actually means "very very few". Because, very very few grads going into FAANG actually make $200k/yr starting.

by sp527 6y ago

nevertoolate 6y ago

Funny to read about these salaries from Europe, where you can hire two pretty GREAT programmers from that money. For me it doesn’t tell anything about university degree AT ALL.

P_I_Staker 6y ago
OP's perspective is clearly very skewed, even for the USA. $100-150k is considered absurd compensation for most of the country that isn't silicon valley.

subjctvtime8 6y ago

Well, I don’t live in SF. Salaries are relative. Those grads haven’t been offloading overvalued investment properties bought in the 2010s. That paid off much cheaper properties from the mid-00s, which are much closer into the urban hub. Curious to see how much they’ll be worth as the move to rebuild the urban area as live/work/retail structures replace the houses there now. Even if this bubble bursts, they’re paid off (as well as the house I live in). I don’t make as much salary, but did mention I’ve been their stock. FAANG is making me rich otherwise. Given my more “midwestern” cost of living, I could probably retire. But again like I said I’ve been coding since I was a kid. It’s like speaking English and making a PB&J for me. I’d be doing it anyway. It’s like free money without the Silicon Valley bullshitshow.

jason0597 6y ago

>If you’ve been working since the 90s and are only making $200k/yr in tech (less than the total compensation of some new grads going into FAANG) I think you should be clear that when you say "some new grads going into FAANG", the word "some" actually means "very very few". Because, very very few grads going into FAANG actually make $200k/yr starting.