Reply to: Students expect £100,000 salary by 40

[AtW]

20 years? It's probably a good 50K now.

You are forgetting that horrible horrible deflation thingy that can strike at any moment!!!

[mudskipper]

I reckon it's much more likely that students in 20 years will have average of £100k debt after graduation.

20 years? It's probably a good 50K now.

[AtW]

If we assume wage inflation at 6%

I reckon it's much more likely that students in 20 years will have average of £100k debt after graduation.

[Dominic Connor]

Atually 100 k is quire a realistic expectation...

If we assume wage inflation at 6%, then over 20 years the average pay in the UK will be around 100K, up from 27-28K now

6% is higher than it has been over the last 20 years but then again we've been in a period of relatively low inflation, quantitative easing is going to cause serious inflation which also has the "useful" side effect that it makes it easier for the government to pay off debt.


One thing that must change is the relative pay of graduates to non-grads. When you have half the population going to uni, they become a dominating factor in average pay making it much harder for them to earn more than average.

[vetran]

You wait until NLUK gets here.

I already know I'm not cut out to be a contractor!

[d000hg]

Is the world ready for findasquirrel.com?

Well we already have CompareTheMeerkat.com...

[AtW]

+1 or revolutionize the market they are attacking (plan b)

Yep - your plan to use male models to deliver milk would disrupt the milk delivery market and all other suppliers of milk that emply ugly men would go bust.

After that you can branch into model parcel delivery

[AtW]

When you going to unleash your new search engine out of beta mode?

Soon...

[Old Greg]

Nice new toy, maybe mouseover on column headers to explain each header. Also click to sort by header.

On you have to subscribe page maybe a link to an example page so they can see what they are paying for?

Also maybe ability to filter on language and location as 'DBE' uses network entry point to decide on results.

yeah you should of got a cat to scratch the sofa!

You wait until NLUK gets here.

[vetran]

Not near enough for the amount of work - I should have given home to some grumpy looking cat instead

Nice new toy, maybe mouseover on column headers to explain each header. Also click to sort by header.

On you have to subscribe page maybe a link to an example page so they can see what they are paying for?

Also maybe ability to filter on language and location as 'DBE' uses network entry point to decide on results.

yeah you should of got a cat to scratch the sofa!

[oracleslave]

Is the world ready for findasquirrel.com?

According to the company website and SKA Marketing Director it's called something else

[doodab]

When you going to unleash your new search engine out of beta mode?

Is the world ready for findasquirrel.com?

[d000hg]

For the median salary of the target group to be 100k in 20 years, it would need to be 55k now with an effective 3% annual rate of salary inflation over the 20 years. So, if they aspire to be the equivalent of a 55k professional in today's terms, it would be achievable in 20 years at 3% inflation.

Exactly. Aspiring to a 55k salary is quite reasonable, if only that's what they meant!

[oracleslave]

True winners create new markets

When you going to unleash your new search engine out of beta mode?

[doodab]

True winners create new markets

It's no guarantee of success. Lots of firms that create new markets get turned over by later entrants.