I mean, software development isn't really a high-paying job in Europe afaik. Unless you are the best of the best, but if you are the best in anything there is a ton of money.

75k to take home, I wouldn't even know how to spend that without doing dumb ****. What are the prices of appartments or houses in those areas? How do they spend their money?

To be honest, 75k is nothing in LA, NY, Chicago, DC, or San Francisco (prob other big cities too). Monthly rent in NY for a 1 bedroom apartment in a good location is $2500+. Also you have to pay city tax in NY plus food/shopping/whatever is all way more expensive than it is in rural America.

Yea NYC has a city tax and cost of living in metro cities like Chicago, LA, etc is quite high. Living in the rural Midwest I believe I spend ~15k/yr for EVERYTHING including car, car INS, health, rent, food, utils, entertainment. It was higher when I lived alone, prob more like $20k/yr

Even with that much rent you still have a ton left. I have read about finance starters from good schools making 100k/yr start career, now comp engineers as well. What % of people has a (proper) university degree in the US?

I think in here 35-40% or so has at least an undergrad, perhaps this is a supply and demand thing?

Also, most people will have ******ed loans to pay off after paying their high tuitions?

I am still amazed and find it hard to fathom this - why even bother going in to poker when grinding school gives such high rewards?

I mean, if you add everything up (say 70k take home in NYC):

2500 rent
1000 loan
500 food
200 drinks/going out/whatever (you could easily double this if you go out a lot)
100 metrocard
100 phone
200 internet/cable
300 other random expenses I forgot/clothing/etc.

4900x12 = 58800, half the rest goes in 401k and you are left with a little bit for vacation or whatever I guess

also keep in mind here you are working at least 60 hours a week if you are making this type of money right out of school

Most ppl go to college to get a degree in what they enjoy, rather than going to a field that pays $100k. Most people are too dumb to get good grades in their easy majors, let alone engineering/comp sci.

Inv banking finance jobs aren't easy to come by. You have to have impressive resume/grades and preferably a top tier school. You are a total ****ing slave in inv banking as well. loans would be high (4 yrs cost of living-any job you have + tuition - scholarships). The brats who have college paid by parents are going to be well off.

I prefer to work 40hrs/week and make $50k than 80+hrs/week for $100k.

Edit: wiki says 30% have 4yr degree, 10% 2yr degree

engineering of some variety.

about gpa's, i had a 3.2 in political science so very average. I think I might go work with my uncle who does industrial plumbing for awhile.

IMO

My drunken self agrees with this a lot. Not that I think there is necessarily wrong with it either though. At least wrt do what you enjoy.

not sure my gpa is high enough for the banana stand

ya you can definitely get by on 20k a year in the midwest pretty easily. if you live with friends, probably $400 w. rent/utilities. maybe add on another $150 for extras like cable/internet/etc. everything is alot cheaper as well-food, entertainment, etc.

better than my gorilla ass GPA. FU POKER

doubt you can beat my 2.4

lol....alright, noted. guess my ape-ness got out ape-ed by you

Looks a lot like orange tbh

they don't call him chimpanyee for nothin

Totally unrelated but...THEY WILL BE BACK!

http://www.huffingtonpost.com/2012/0...?ref=tv-canada

anybody see this guy at superbowl?

http://www.youtube.com/watch?v=EdHqmnB-NNc

pretty cool vid, thanks for sharing. slack lining is very hard and he showed some mad skills doing it.

I agree with this. For those with the aptitude and desire, an engineering degree will go far even outside of pure engineering. FWIW, my engineering experience (jet engine design) has really helped me in my poker advocacy efforts as well as in the game of poker.

I've never once applied for a job where they actually looked at the transcript during the job application process.

Once they decide to hire you they will call your schools or asks for transcripts to verify that you didn't lie on your resume (just like they'll call former employers to verify you worked there and that your title is accurate), but no employer gives a rat's ass about your grades.

Grades are relevant for getting into grad school, but otherwise the only way grades matter is if you made the honor roll, which is a nice item to add to a resume.

Some employers won't look at a resume if your GPA isn't > x.

Ok, lol @ 200 / month for drinks. Only if you are buying packs of coors light at the grocery store and drinking at home. $50 on drinks is trivially easy to spend in one night in NYC, and most people out of college like to go out more than once a week.

OTOH, the 80 hour thing is bull****. Just about any starting job with a computer science degree is going to be near 100k in NYC, and those are def 40-50 hour work weeks.

The 80-hour, $100k job might describe some guy in finance who wants to be making $500k in several years, but that isn't a typical job.