The job market has improved slightly since a few years ago, when layoffs, panic and post-grad unemployment prevailed. That makes this a great time to sit back and analyze where the chips have fallen post-recession.
That is, until you read an article saying that high-school students are now being paid $7,000 per month plus benefits to intern at tech companies. That’s the equivalent of $84,000 per year. It’s also enough to make you want to fire your parents for allowing you to socialize and play sports as a child instead of learning how to code.
One of the young savants quoted in a Tech Times story is Michael Sayman, who’s frankly a little long in the tooth at 17. After having coded to help support his family since he was 13, Michael nabbed a coding gig at Facebook.
Of course, some are rightly worried that these highly paid internships could turn otherwise nerdy teens into mini-Biebers, “although Bieber is an entertainer, not a tech intern,” Tech Times helpfully points out. Judging by how comparatively elderly tech bros comport themselves after hitting it big, this does seem like a legitimate cause for concern.
The bigger issue for anyone who missed the boat on jumping into a tech career, though, is how the hell we’re going to pay off our student loans or ever afford a mortgage when college grads from 2007 and 2008 are making less than some high schoolers.
A recent Bloomberg Businessweek report says that most STEM majors are now making $45,000 to $68,000 per year on average. Humanities and education majors have screwed the pooch the hardest, of course — they’re pulling in only $37,000 to $45,000 four years after college graduation.
Thankfully, plenty of organizations are informing kids that tech is probably a good place to look if you want a career, and learning to code is probably a good idea. The 20-somethings of tomorrow may not have to attend liberal arts school in vain as we did.