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That might be a fair point but a bad argument. Market salaries are notional values which stabilize at an equilibrium where companies who pay and engineers both
by ankitml 13y ago
That might be a fair point but a bad argument. Market salaries are notional values which stabilize at an equilibrium where companies who pay and engineers both expectations are managed. This comes from demand and supply.
High cost of law school can only impact the supply side of lawyers. One need to understand trends in both demand and supply of these professions to get the larger picture.
Law school is competitive and software is not, will not be a valid argument that can justify higher salaries of lawyers.
- nickonline 13y agoBut you could argue that Law school is only competitive because the real world salaries are. In the same vein if you raised the salaries at certain large faculties the technology degrees may end up competitive as well.
- nbouscal 13y agoLaw school is so competitive precisely because there is more supply than demand. You're arguing against yourself.