bananasplitkids
DIS Veteran
- Joined
- Nov 9, 2009
- Messages
- 573
I have trouble believing that this thread is a typical cross section, especially seeing as how in this thread, the typical 1st year Bachelor's degree graduate makes more than the average two income household in our country. My DH got his PhD in math nearly 5 years ago... most of the PhD candidates he knows started delaying graduation because there are not jobs for them, and especially not these great paying jobs this thread is mentioning.
Those getting out, if they get a job, seem to be capping out around 50-60K/year WITH a PhD. Among the jobs he was offered this fall was a good university that was offering roughly $4,000 per course to lecture- so at full time it would only be around $25,000/year with no benefits. Again, that is for a job requiring a PhD in math with experience. Luckily that was not his only offer, but if those are the offers, there are people working for that.
That said, I asked him to start looking for one of these finance jobs because if a Physics PhD is qualified for finance, he definitely is.
Within a few years, if the economy keeps recovering I suspect things will be much better in his field as his older coworkers seem puzzled at what is happening to the "new guys."
I think it definitely has to do with the field they are getting in. For example I graduated in 2011 with a BS in computer science and everyone in my major either went to grad school or got jobs. Those that went the job route made at least $60,000 with the top person making 85k.