Does the 'Average Starting Salary' Mean Anything?---Engineering

[hebegebe]

My husband hires engineers for his large firm. Graduates from MIT do NOT get paid more than graduates of University of Hartford. Graduates from the Ivies do not get paid more either.

It’s all about experience. At my husband’s firm, they do a LOT of on the job training, and frankly, the MIT grad would get the same on the job training as the University of Hartford grad…and the same salary.

And yet I know several MIT, CMU and Ivy grads making $100k+ plus bonus at age 22. The salary in any one company may well be the same, but clearly lots of those MIT grads are ending up in other companies.