2 ms·

Who is offering new grads $150k regularly? What new grad making $150k is going to qualify for a loan on a million dollar house? Where are they getting a down pa

Who is offering new grads $150k regularly? What new grad making $150k is going to qualify for a loan on a million dollar house? Where are they getting a down payment? Where are they saving up hundreds of thousands with $3-4K rents before other expenses? How the shit is a dual engineer income saving up $2m in cash by the time they're 30 even with no student loans? A SWE in their 20s banking $100k a year? Must be nice.

joshuamorton 6y ago
> Who is offering new grads $150k regularly? Google, Amazon (and subsidiaries like Twitch), Microsoft (and subsidiaries like Github), Facebook, Linkedin, Stripe, Square, Lyft, Uber, Snap, Oracle, Apple, Dropbox, Box, Nvidia, Twitter, Slack, Salesforce, ByteDance and a slew of others. And I'm including only companies that pay out 150K in cash equivalents (cash + annual bonus + liquid stock) in that list. After a promotion, that list probably doubles in size. > What new grad making $150k is going to qualify for a loan on a million dollar house? I don't think I ever suggested this. What I did suggest is that someone who graduates at 22 or 23 (and, with the big caveat that they do so with little to no existing debt), gets a 150K starting comp, and has even a modest amount of career growth will be able to save a whole bunch of money in their late twenties. > A SWE in their 20s banking $100k a year? Must be nice. Like I said, its absolutely ridiculous.