> 50k salaries in NYC. Even at 60k its basically poverty pay, and you need a Masters!!! While I agree with you, I would suggest there are plenty of people in N

> 50k salaries in NYC. Even at 60k its basically poverty pay, and you need a Masters!!! While I agree with you, I would suggest there are plenty of people in NYC who are just as qualified and get paid even less. For example, grad students (who have a Masters) working in biomedical sciences in NYC are paid on avg 40K. You could argue that grad students as students aren't a fair comparison, in that case look to postdocs - they have literal PhDs - and make something like 55K in NYC. With the academic job market the way it is, many people end up as postdocs for over 5 years, if not more.