And the median family income of a U Penn undergraduate is almost $200,000 annually. Heck at Georgia Tech, where I went, it’s $130,000, and almost 1/4 of the students come from the top 5%. To put it another way—Musk’s level of family support is hardly unusual compared to that of the thousands of engineers who work for him.
Journalism at the national level is extremely competitive, and draws from a highly credentialed talent pool. The reason people with such credentials pursue such a low paying job is because their families are often quite affluent—they are often doctors, lawyers, etc.
Journalism at the national level is extremely competitive, and draws from a highly credentialed talent pool. The reason people with such credentials pursue such a low paying job is because their families are often quite affluent—they are often doctors, lawyers, etc.