I don't think that's quite accurate based on the experiences of my friends from school.
Most people I know from school are making ~$90k with 0-2 years of experience. The highest salary I've heard is my friend who is getting $105k (plus benefits) when he graduates this spring, and the lowest I've heard is about $75k (plus benefits). Granted, all these people went to UC Berkeley, but quite a few of them dropped out/were just auditing (ie not an enrolled student) and most of us didn't have good GPAs (2.0-3.5, with an est. median of probably 2.75 and a stddev of maybe 0.35).
None of my friends have had to provide their own hardware or software, though many have chosen to use their personal laptops as terminals instead of using provided equipment. Everyone at least has their own cubicle (no time sharing), and i believe about half of us got a significant (ie two weeks pay or more) bonus sometime in the last year. None of my friends really travel much for work, but I do know that my company reimburses all travel costs for engineers (for the few that actually need to travel between offices).
And I don't know anyone whose productivity is measured by LoC.
Most people I know from school are making ~$90k with 0-2 years of experience. The highest salary I've heard is my friend who is getting $105k (plus benefits) when he graduates this spring, and the lowest I've heard is about $75k (plus benefits). Granted, all these people went to UC Berkeley, but quite a few of them dropped out/were just auditing (ie not an enrolled student) and most of us didn't have good GPAs (2.0-3.5, with an est. median of probably 2.75 and a stddev of maybe 0.35).
None of my friends have had to provide their own hardware or software, though many have chosen to use their personal laptops as terminals instead of using provided equipment. Everyone at least has their own cubicle (no time sharing), and i believe about half of us got a significant (ie two weeks pay or more) bonus sometime in the last year. None of my friends really travel much for work, but I do know that my company reimburses all travel costs for engineers (for the few that actually need to travel between offices).
And I don't know anyone whose productivity is measured by LoC.