<p>Do you know what demographic group of people are actually satisfied with the amount of money they have or make? People with low-middle incomes.</p>
<p>Ironically, the higher income a person has the less satisfed a person is with their total money or income.</p>
<p>Think about that.</p>
<p>Maybe that's because they are more driven and actually care about how far they get in their career whereas someone with low-middle income doesn't really care and that's why they are stuck there.</p>
<p>If you are gunning for business in undergrad don't downplay USC. Its business is ranked better than UCLA.</p>
<p>$18/hr. hmmm... i was watching 20/20 last night and thats close to the starting rate for people at costco.</p>
<p>Wow dude, that is super naive. Poor people do not get nearly the amount of oppurtunity that wealthy people do. Quit thinking that you are where you are due to something that you did yourself. Minorities and other poor classes have to work twice as hard to do the same job. Do you think that every bum on the street is on the street because he isn't motivated?</p>
<p>wat da... haha chill out guyz.. haha this thread turns all aggressive all da sudden</p>
<p>Although it is a misconception that poor people are solely responsible for being poor, there is no need to start attacking.</p>
<p>We (Americans) have been taught throughout our education that as long as you try hard, you get what you deserve and you can climb the ladder. Obviously, it is not true all the time. Yes, there are success stories but those are far and few in between. </p>
<p>I blame the misconception on history classes that try too hard to show the American ideal and forget the reality of the situation.</p>
<p>Anyone know of anybody with recent offers in southern California at the big aerospace players (Lockheed, Boeing, Northrop, Raytheon, etc)? Specifically for aerospace BS degree, just starting out? Or, can anyone suggest a reliable resource to find such info which is also recent? Thanks.</p>
<p>The starting rate for people at chain grocery stores in not $18/hour. It is close to the minimum wage (at least for Wal-Mart; I'm assuming places like Tom Thumb and Albertson's pay around $8).</p>
<p>i interned at boeing this past summer. the starting salary for engineers in general is around $50k+ range. boeing is slightly lower than the rest, but their benefits package is much better. dont forget that when taking into consideration your starting PACKAGE. </p>
<p>the starting rate at grocery stores shouldn't be $18/hr if that grocery store is normal. otherwise, someone could work full-time and make around 36k. compare how the average college grads have starting salaries in the 40k+ range. come to think about it, $18/hr is much higher paying that what internships at many top companies pay!</p>
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compare how the average college grads have starting salaries in the 40k+ range.
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<p>I don't know about that.</p>
<p>Check out the kinds of salaries that Berkeley grads make. Sure, some, like the engineers and CS majors , make substantially more than 40k. But plenty of others, particularly the humanities and social science majors (except for Econ) make nowhere close to 40k. </p>
<p>And remember, this is Berkeley we're talking about here. Berkeley grads tend to stay in Northern California, which is one of the most expensive places ot live in the country. Furthermore, Berkeley is obviously an above-average school. So if Berkeley grads are only making the kind of salaries as stated above, what do you think a person from an average school in a lower cost-of-living place is going to make?</p>
<p>so where should a ucla grad of bus/econ work to make 40k+/yr??</p>
<p>Investment banking. Consulting.</p>
<p>New engineers in the Socal aerospace industry make $60,000 +</p>
<p>I work for northrop grumman in Redondo Beach, with a BS in EE, and thats what everyone typically starts at.</p>
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New engineers in the Socal aerospace industry make $60,000 +
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<p>If that's true, that's a fantastic sum. In 2005, the bachelor's degree Aerospace Engineers coming out of MIT only made 52.5k (as can be seen on page 14 of the following pdf, AeroE is known as course 16 in MIT parlance).</p>
<p>That's why I suspect that this statement is actually not true, or at least, incomplete. The starting engineers at Northrop Grunman and similar highly integrated aerospace firms may make that. But the truth is, not everybody in aerospace works for one of these firms. There are plenty of smaller aerospace firms specializing in small pieces of the aerospace supply chain. I doubt that many of these companies pay anywhere close to 60k for their starting engineers. </p>
<p>But look, if you're right, then we ought to tell all the MIT aerospace engineers to go to SoCal instead where they can make more than the 52.5 k they are making now. Heck, Socal is actually a (slightly) cheaper place to live in Boston, so these MIT aerospace engineers are stupid to stay there to get lower salaries and a higher cost of living. </p>
<p>There are many more important factors about picking a place to work than just salary. You might want to be in an area where you have friends and family. A few bucks is really not much to base a decision on.</p>
<p>You are right about the fact that there are many small aerospace firms in the aerospace industry. These firms pay around $55,000 in LA for a new engineer. That is the standard for a small company here. It also varies with location, if were talking about LA, then the number stands, if we're talking way inland, where it costs 2/3 as much to live, it might be $50,000. One thing to keep in mind though, is that these firms typically only recruit locally, so unless you're at UCLA, USC, Cal Poly pomona or UCI, you won't work for one in LA. Thus, it is a safe bet that any new engineering grad from out of state will be working for one of the big aerospace companies, because they are the only ones that can recruit employees from out of the area.</p>
<p>actually engineers working at boeing's southern california sites (mostly orange county and LA beach cities) make around $50,000+ only. $55k is possible, because i do remember that boeing said they pay a slightly lower salary than their competitors (but offer a better overall package and compensation), but i highly doubt $60k. if so, it is rare. </p>
<p>behannah is probably correct about where firms recruit. there's actually a good number of MIT alums working at boeing. seems to me that some of the smaller firms only hire locally.</p>