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ProfessorGAC

(77,237 posts)
31. Agreed
Sun Aug 28, 2022, 03:23 PM
Aug 2022

After my BS, while in grad school I worked at a nearby national lab facility. In 1976, I made $7,800.
That's why I left after 7 months. I job with a multinational, only half way to an MS and 3 years from a PhD, paid $12,900.
Yeah, that was '76, not '73, but I made under $250/week.
I literally knew nobody that made $873 except for the directors that ran that research division. And they all had 20-30 years of experience.
If, as you suggest, that $873 is adjusted, it doesn't make the point the other factors do.
I do accept the rent number.
I lived at home & paid my parents $125/month for R&B. That was about what new studio or older 1BR apartments cost, so the "board" was free.
But, that average salary doesn't seem right.

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This is offensive. nt DURHAM D Aug 2022 #1
THIS FalloutShelter Aug 2022 #6
It sure is. No way was weekly take home 800 dollars a week in 1973. jimfields33 Aug 2022 #26
Not to even mention today's higher interest rates, penalty fees, etc. the lenders charge Blue Owl Aug 2022 #2
I am a boomer and am more than happy that the many redstatebluegirl Aug 2022 #3
Me too. I paid off my $26,000 in loans. Had it been 10 times that much, rsdsharp Aug 2022 #20
The students I advised were in a five year program redstatebluegirl Aug 2022 #29
K&R onecaliberal Aug 2022 #4
Know what... I'm a "Boomer". FalloutShelter Aug 2022 #5
Amen DURHAM D Aug 2022 #19
Thank you. greatauntoftriplets Aug 2022 #28
Trashed. Hermit-The-Prog Aug 2022 #7
That average weekly wage of $873 for 1973 must be adjusted for inflation. Ocelot II Aug 2022 #8
Yes Timewas Aug 2022 #15
Starting salary for computer engineers Retrograde Aug 2022 #17
I just pulled out my 1973 tax return. DURHAM D Aug 2022 #16
Agreed ProfessorGAC Aug 2022 #31
Just got off family video call Tree Lady Aug 2022 #9
$873 a week in 73' ??? miyazaki Aug 2022 #10
That's obviously an error. There's no way. Maybe $230/week. BComplex Aug 2022 #11
LOL FrankBooth Aug 2022 #12
GenX here, very hgh inflation last 40 years on most things. Brainfodder Aug 2022 #13
I don't think anti-Boomerist propaganda should be banned here, but it is unethical gulliver Aug 2022 #14
Well, in 1973, wages were closer to $500 take home for most people. haele Aug 2022 #18
This boomer says nothing of the sort EYESORE 9001 Aug 2022 #21
Apologies to you and all; I was just trying to point out the insane inflation elias7 Aug 2022 #22
Boomer status is not a valid way to determine how one stands on, well, anything EYESORE 9001 Aug 2022 #33
Question. SalamanderSleeps Aug 2022 #23
It said Boomer not Boomers. 1973 was specific. JanMichael Aug 2022 #24
Meaningless stats unless all are adjusted for wages and inflation over time. Wingus Dingus Aug 2022 #25
I'm one of the Boomer generation Yo_Mama_Been_Loggin Aug 2022 #27
Exactly! SalamanderSleeps Aug 2022 #32
These sorts of threads aren't helpful. llmart Aug 2022 #30
According To This, Average Annual Wage Was Under $7,600 Per Year ProfessorGAC Aug 2022 #34
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