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13% of CompSci Grads Have Starting Salaries Over $100K
itwbennett writes: That was one of the findings of a survey of 50,000 U.S. college students and recent graduates by Looksharp, a marketplace for internships and entry-level jobs. For general findings across all majors, check out the State of College Hiring Report 2015. But the company shared some more computer science-specific findings with Phil Johnson. Among them: "Of all majors, students studying in CS had the highest average starting salary, $66,161." And, what's more, they know the value of their degree: "On average, they expected a starting salary of $68,120, slightly above the actual average starting salary of $66,161."
Indeed. Employees have a vested interest in inflating these numbers. I have filled out these surveys multiple times, and I always put in about double my current salary. That way my employer thinks I am underpaid, and I am also more likely to get the free magazine subscription that the survey is supposed to qualify me for.
This is pretty common in insane cost-of-living places like the CA Bay Area. I finished my BSCS in December and am making 108k now. I had just under 3.5 GPA at a state school and a couple of good internships, so it's not too hard. Though that salary isn't even enough to buy a house here.
Our survey found that only 45.4% of the class of 2014 is currently enrolled in a full-time job meaning 54.6% of grads from last year are unemployed or underemployed (this is excluding students enrolled in graduate education).
This seems to be more noteworthy.
I make $50,000 per year and rent a 475sqf studio apartment for $1,400 in Silicon Valley. For my needs, it's perfectly fine. Then again, I'm not trying to live the American dream of having it all. A modest lifestyle can go a long way in an expensive area like Silicon Valley.