College students with software-coding expertise expect to be compensated handsomely for those skills, but the reality might not leave them as flush as they expect.
A new survey of 1,700 students conducted at “hack” events by Devpost found that 26% expect to be paid between $50,000 and $70,000, and 32% expect to earn between $70,000 and $100,000 a year. An optimistic 24% expect to make six figures.
Time for a reality check: According to the National Association of Colleges and Employers, the average starting salary for computer and information sciences graduates is $65,849. That’s nothing to sneeze at, and it’s considerably higher than the average starting salary for all new bachelor’s degree holders of $50,651 — but it’s also no six-figure paycheck.