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Originally Posted by Murdoughnut  Yeah, and that average is figured using everyone in the workforce who has that degree - that's not starting salary. Many first year lawyers I know of are shocked when they get out of law school and can only make $35-$45 a year (some more depending on workload/location). The problem is that when they passed the bar exam, so too did tens of thousands of others. In Texas there's a lawyer for every 90 people.
You'll see these numbers decrease over time as well now that just about anyone who can fog up a mirror can get any of these degrees. |
I was having this conversation with my girlfriend the other day. Up until verrrrry recently, I made considerably more than she did, even though she has a Master's Degree and I don't even have a bachelor's. Her best friend just took the bar exam in TX, and is making about 50K right now.
What's funny is that I'm starting back to school in the spring semester, because as I've been looking at some possible new jobs, the lack of degree is hamstringing me - I make in the 50's right now plus commissions, but biz hasn't been great. Meanwhile, she has gone up 20K in a year, and has the potential to earn a great deal more - she could, if she stays with what she does, very easily break 100K before she turns 35 - she's 29 now.
She used to complain that she was underpaid and overeducated, and I used to tell her that long term potential would reverse that trend. She's seeing that now, and it's precisely the same reason (that, and some preaching from Doug and a few others finally convinced me) that I am enrolling back in school for the spring semester.