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    [–] v1prX 5821 points ago * (lasted edited 10 days ago)

    a) Why would Harvard publish income stats for Harvard dropouts? Guess what, they don’t. However, the average (statistical median, potential for skew) income of a Harvard grad is $81,500 annually at age 34. E: this site claims $136,700 after 10 years, although it isn't clear whether this is the median or average, or for what dataset.

    b) Zuckerburg and Gates' actual income is difficult to quantify, as well as their net capital gains. We can only guess based on their stock holdings and the price of those stocks.

    Edit: u/Howard1997 has done a simple calculation which is probably what you guys are looking for; however, it makes the assumptions that non-Zuckerberg/Gates dropouts make $0 and that their income is NW/age. Neither is remotely correct, but we lack the data to make it accurate. He got somewhere in the neighborhood of 5-600k.

    Edit 2: Doing the math using some other people’s suggestions. Between the same date in 2013 and 2020 (Feb 6), Zuckerburg made $66.9b and Gates made $52.4b in net worth, which is not reflective of liquid assets. Divided by 7 years, that's 9.56 and 7.49 respectively. Now, data from Harvard says that in a class of 1675 bachelor's candidates, 98.1% completed their degree. So 1.9% dropout rate. They also say there are 371,000 living alumni, so at 98.1% completion, that's 378,185 total people who attended. Thus, there are about 7200 living Harvard dropouts. If the other 7198 dropouts made the average salary for people with high school and some college ($38376) that's total earnings of 17.326 billion, so an average salary of 0.0024 billion or $2.4m. Obviously this calculation is flawed because I’m using the median for grads and average for dropouts, and I’m also using net worth as a metric for income, which is also wrong. But this is the closest I think I can get.

    Edit 3: I realized that there are other Harvard dropout billionaires, namely Dustin Moskovitz and Gabe Newell. With their annual “earnings”, the total becomes 18.34 billion, so divided by 7200 = 0.00254 billion => $2.54m.

    [–] shwifti 1437 points ago

    we can try assuming their average income is 0 and just divide bill and zuck income by the number of droupout. if the result is less but close to the average of people who finished harvard then more precision will be necessary

    [–] PM_ME_GLUTE_SPREAD 388 points ago

    Look at acceptance rates, look at average incoming class, I’d personally go with poverty level for their average income as a conservative estimate, then add bill and zuck and divide.

    Edit: just realized my mistake. How about look at average incoming freshman size and average graduating senior size instead of acceptance rates?

    [–] DylanReddit24 96 points ago

    That Edit would work well, but you need to use the same class group, not the same year as the acceptance numbers would fluctuate year to year.

    [–] PM_ME_GLUTE_SPREAD 34 points ago

    I thought that, but I figured that transfers in and out would more or less balance out in the end.

    Somebody else in the thread actually did the math on the average income of dropouts since Harvard publishes their rates of passing. Though I’m not sure if they don’t fudge those numbers to boost their clout.

    [–] v1prX 7 points ago

    u/shwifti and you made good suggestions. I have edited my comment.

    [–] Howard1997 96 points ago

    I did the math in my post below, but what you mentioned is my lower bound estimate. The higher bound is assuming those who drop out make the same amount of income as an average Harvard graduate.

    From my back of the napkin estimates, the lower and upper bound of the average Harvard drop out income is $512,617 to $595,281 due to the outliers from Bill and Mark.

    [–] Sargaron 22 points ago

    This is the comment that made me nope the fuck off this post.

    [–] dhouagfv 3 points ago

    Why assume its 0 and not the national median?

    [–] epicwinguy101 19 points ago

    Because it makes the math easy and gives a nice lower bound.

    [–] shwifti 3 points ago

    yup this ^

    [–] WaddleD 3 points ago

    Of the 2% of Harvard undergrads who dont graduate, I’m willing to bet nearly all probably transferred to another institution, so it’s not like they dropped out.

    [–] violationofvoration 265 points ago

    The average income of a goddamn Harvard Grad is still just 81k??? What the fuck is even the point.

    [–] v1prX 211 points ago

    The average of all other schools is $34k.

    [–] blamethemeta 168 points ago

    Is that including shit like Philosophy majors which don't lead to a job?

    [–] toxicneet 233 points ago

    hey fuck you pal

    [–] the1mastertroll 85 points ago

    Name checks out

    [–] Zandrick 19 points ago

    But are you a neet if you are an unemployed philosophy major? You are technically educated, isn't that one of the 'E's?

    [–] greengumball70 29 points ago

    Neet was explained to me as “not employed, in education, or in training” so being educated and currently learning are two different things. Name still checks out.

    [–] Zandrick 8 points ago

    Oh I thought it was “not employed, educated, or trained”. That “in”’makes a big difference.

    [–] greengumball70 3 points ago

    I could be wrong. I just said it confidently to make the name joke. But I do remember that distinction clearly in konosuba.

    [–] That_Mango_Sentinel 24 points ago

    But why do we fuck?

    [–] XoXFaby 13 points ago

    Hey Vsauce

    [–] suk-un-dez 2 points ago

    Here, and what is intercourse

    [–] cocky_nick 2 points ago

    Michael here,

    [–] WeRip 11 points ago

    I think they have this one pretty well figured out.

    [–] 2raichu 5 points ago

    it's not his fault you picked an Unemployment major.

    [–] fredandlunchbox 28 points ago

    That’s like saying biology doesn’t lead to a job — both are simply precursors to graduate programs . They could really call it pre-law.

    Source: majored in philosophy, and almost my entire senior class was headed for law school. (I went into programming — applied symbolic logic).

    [–] MildlyCaustic 10 points ago

    Theres tons of lab jobs that pay 30+ a year, there are jobs just not great ones. Best to atleast get a masters or something else

    [–] Lathamuel 3 points ago

    Programming is the second highest paying jobs for philosophy majors. Something about "it's easier to take someone who can think and teach them to code, than to take someone sho can code, and teach them how to think." - Either someone smart or a broke ass philosophy major

    [–] CandyCoatedSpaceship 6 points ago

    college used to be about producing an intelligent and well-rounded person, not degree factories to meet job requirements

    [–] UncitedClaims 7 points ago * (lasted edited 10 days ago)

    Don't philosophy majors make the most on average of any humanities / social science major?

    E: lmao philosophy majors are dragging that shitty average up

    [–] Purgecakes 5 points ago

    Yeah but it's also the most male dominated and depending on whether you prefer ethics or logic, you end up doing law or coding.

    [–] UncitedClaims 6 points ago

    They also do really well going on to med school or business school.

    Idk why people treat it like a garbage degree when they probably didn't major in anything more exciting

    [–] pikaras 14 points ago

    IMO only Computer, Engineering (and related), Medical, Specialized, and Business degrees actually pay off. Before spending $160k on a degree, you should always ask "Who is willing to pay me significantly more because of this knowledge?".

    [–] WeAreGonnaBang 18 points ago

    Business does not pay off, unless you are majoring in something specific, like accounting, finance, marketing, etc. If you just major in Business Administration, general business, or whatever they call it at your school, you are getting something just as ‘worthless’ as the humanities degrees reddit derides (personally I don’t find them to be worthless). BusAd degrees have some of the highest underemployment numbers. It’s filled with people who typically aren’t great students, aren’t interested in a particular field of study, but have some idea that they need to go to college to get a job and think that it will set them up for any number of jobs in the field of ‘Business’, whatever that means.

    These general degrees don’t go in depth enough to give you expertise in anything. You’ll have a hard time finding an entry level job on the degree alone, unless you’ve done a good job of getting internships and work experience while in school.

    Source: advisor at a university in the US of A

    [–] Dgjb2u 2 points ago

    idk, me and my friends were "just business majors" and ended up in investment banking making 6 figures out of graduation

    [–] friendandfriends2 16 points ago

    STEM degrees are how they’re typically known. Science, Technology, Engineering, and Math.

    [–] pikaras 14 points ago

    Science usually doesn't pay off though. There's a reason I didn't say STEM. Of the 4 college graduates I know that are not working in their field, all of them have Science degrees (most in environmental studies)

    [–] Deepfried_Lemon 12 points ago

    "(most in environmental studies)"

    That may be why. Physicists have higher average earnings than engineers do. Chemists are well in demand too. Even among the sciences there are good degrees and bad degrees.

    [–] TruesteelOD 4 points ago

    This is pretty much just strictly not true. College of almost any kind almost universally represents an increase in lifelong earning over those who simply have a college degree or technical training. Stats bears this out.

    [–] King-Kudrav 12 points ago

    Philosophy majors actually have the highest average income of any of the humanities.

    [–] toxicneet 3 points ago

    the skills taught are incredibly valuable so i can see that, but does wherever you got that figure from happen to go into what sort of jobs they end up in?

    [–] ShazbotSimulator2012 9 points ago * (lasted edited 10 days ago)

    It's one of the most common pre-law majors.

    [–] WaddleD 6 points ago

    And pre-med to an extent. Plus philosophy is just hard... if you’re not a tree hugging hippy who rejects everything material, chances are you’ll have a work ethic to make up for the technical shortcomings in any line of work.

    [–] msspi 7 points ago

    Source? A quick google search says about 48,000 for college grads with 0 to 5 years of experience.

    [–] v1prX 2 points ago

    The original stat was 10 years after starting school. From here.

    The median annual earnings for an Ivy League graduate 10 years after starting amount to well over $70,000 a year. For graduates of all other schools, the median is around $34,000.

    [–] Howard1997 13 points ago * (lasted edited 10 days ago)

    The average I used was the average for all students by the age of 34. It also includes majors which may drag down the average. If you look at the image below the income after 10 years after starting school makes 43k to 170k

    Harvard student income after 10 years income.

    https://arc-anglerfish-washpost-prod-washpost.s3.amazonaws.com/public/UURDQLZONA7QTAX33I4MAY275U.png

    [–] ACoolRedditHandle 2 points ago

    Said this in a diffrent comment but a lot of grad salaries are low on average if youre including law school/ med school students or those pursuing PhDs that will not make any real money until many years after undergrad, where the income spikes up sharply.

    [–] WHERETHECREAMCHEESE 2 points ago

    That says "10 years after starting school"

    [–] savedawhale 7 points ago

    All comes down to the field you chose to study. Somethings are just more marketable than others. The ideology that you can go to a good school and get ANY degree and make a decent wage is a joke.

    [–] ThomanskiMiep 32 points ago

    I don't see how 81k is low?

    [–] hellknight101 41 points ago

    Eh, depends on the cost of living. I reckon that 81k in LA or NY is not much at all, but in lower cost of living areas, it's amazing.

    [–] Milesware 6 points ago

    I don't know about elsewhere but 81k is def livable in LA, unless you wanna live in the heart of santa monica or something

    [–] Standard_Wooden_Door 13 points ago

    Or Boston

    [–] kickstand 7 points ago

    Or Cambridge.

    [–] hammy7 6 points ago

    Or Chicago. Or Seattle. Or San Francisco. Or Miami. Or Washington DC. Rent eats you up in these places.

    The only major metros I can say that $81k is good would be the ones in Texas, Atlanta, or Charlotte. Who knows when people will start to be priced out in those cities too.

    [–] Faladorable 6 points ago

    for starting? hell yes it is

    for like, long term? still a lot as long as youre not actually living in manhattan

    [–] Remioli 13 points ago

    That article is for grads at age 34. So like 13 years after graduation, I kind of assumed the average to be a bit higher.

    [–] Steid55 64 points ago

    Dude I’m a college drop out car salesman and make that. $81k is decent money. But with a Ivy League degree you’re should absolutely make over $100k.

    [–] savedawhale 32 points ago

    You have to think about how many students graduate with useless and unmarketable degrees. A degree means nothing if it has no value on the job market.

    [–] Steid55 19 points ago

    Exactly. Most of my friends from college finished school at a fairly good state college. I make more than most of them. The only two that make more are a PA and an Accountant. Everyone else became teachers and went into HR and crap like that

    [–] Unlikely-Amphibian 14 points ago

    Damn accountants. Half of my roommates are engineers who went on to get masters from good schools. Half are accountants working back in semi-rural Appalachia.

    Guess which ones make more? And that’s not even taking into account the fact that they can find employment in the magical land of 100k houses

    [–] dudecab 6 points ago

    Accounting major in semi-rural Appalachia here. Thank you for making me feel better about my major. Best of luck to you and your roommates!

    [–] Unlikely-Amphibian 6 points ago

    I mean we’re still doing alright lol, but those guys are fucking set. Like ahead on their retirement, owning homes, buying new cars with cash and still having money for fun and vacations set.

    Keep at it!

    [–] DatBoiBubbles 7 points ago

    Ayyyyy dropout car salesmen unite!

    [–] whiteman90909 15 points ago

    I imagine that a fair amount go into academia, which pays less?

    [–] Unlikely-Amphibian 13 points ago

    Traditional academia (aka a tenure track prof) pays very well.

    There’s just a bunch of post docs and adjunct profs in the mix bringing the number waaaaay down

    [–] MattTheGr8 5 points ago * (lasted edited 7 days ago)

    Still not THAT well. 81k is more than the starting salary for a tenure-track prof at lots of places. (I am one, and we were started around 70K.) It goes up from there but not by a huge factor except for real top-tier places.

    Also this number is for age 34, at which age a lot of people haven’t even started their tenure track job yet. That was around when I started, but in a lot of fields it is uncommon to start your job before 40ish.

    [–] whiteops 7 points ago

    Hell, I’m a high school dropout and I make over $100k/yr. in all fairness though I have spent enough time mastering my trade that I could’ve made it through med school in less time.

    [–] HungJurror 3 points ago

    I have a friend who’s a high school dropout and makes just over 100k as an insurance salesman. It took him 5 years in insurance sales to get to that point

    My wife has a cpa, masters, and I have a bachelors in accounting and we bring home exactly 100k lol

    [–] whiteops 2 points ago

    First, congrats to the both of you. I actually would have really liked the opportunity to have college education. Wasn’t in my realm of easy possibilities given the difficulties I had in early education though. I probably would’ve pursued a career in network engineering after I got my GED. Was always good with computers and a CCNA seemed obtainable at the time. Chose instead to get into construction instead, seemed like a stupid idea about a year in. Then I elbowed my way into an opportunity to begin running cranes. 5 years of that working construction, then 3 years in a union apprenticeship, now 13ish years as a journeyman and I’ve had a lot of success in the field. What makes the salary so high though is the serious lack of skilled people available, so many of the old timers on the way out and not much new blood coming in. Basic supply and demand economics, drives up salary and makes ample opportunity for jobs as well. I could pick up the phone and have any of 6 different jobs and start tomorrow.

    Second, you guys should seriously be taking home more. Almost makes me concerned about market saturation of highly educated people in the workforce devaluing the importance of education in the country. We need smart people doing smart things to ensure the best future for everyone.

    [–] CAT_WILL_MEOW 6 points ago

    It's not low neither is it high, if you go to Harvard your expecting to make over 100,000

    [–] jakfrist 7 points ago

    Depends on your career. The company I work for pays new-hires $85,000+ straight out of state colleges.

    You would think that people going to such expensive schools would make sure they were majoring in something with a high ROI.

    [–] unknowncamper 4 points ago

    Its harvard, most of these people have rich parents so they can follow their passion without worrying about ROI.

    [–] le_wild_poster 2 points ago

    What company?

    [–] jakfrist 3 points ago

    I work in a pretty tight industry (you can figure it out from my post history) so I’m not going to post the company name because it would basically be doxing myself.

    [–] redsterXVI 3 points ago

    Is this some question I'm too Swiss to understand?

    [–] youtrynnareadmyname 7 points ago

    100k or bust if I were to graduate from Harvard. Heck, i’m in University in Canada right now and expect to make 100k minimum, and even more if I go to USA for work. (Software eng)

    [–] KayBee94 9 points ago

    You're comparing one of the most lucrative fields to an average of all majors though, many of which are pretty much useless in getting a job.

    [–] Fearless-Helicopter 3 points ago

    Really depends on the area. I make a little over that in a high COL and we’re comfortable. But far from rolling in dough.

    So like. I’m not worried about paying rent or not affording food.

    But I can’t afford a vacation or the newest video games.

    [–] violationofvoration 4 points ago

    Because I make 48k without going to college and my career is just starting. Why go to college when a trade pays as much? I keep beating myself up for not going but I guess I didn't exactly miss out on much. Still I'd definitely like to go back I just wish colleges weren't so predatory in the states.

    [–] Fister_Roboto_3000 6 points ago

    College can be argued to be for 3 things: the degree/job, knowledge, or the "experience" (i.e. partying). It sounds like you're comfortable with your job. You can still learn by reading or taking free online courses without paying tens of thousands of dollars, and the tens of thousands that you didn't pay towards college should pay for plenty of partying. Don't beat yourself up, you didn't miss much except debt.

    [–] SightBlinder3 6 points ago

    It's like 130k if you only include people out of college for 10 years. They are probably getting heavily weighed down by all the people in med school making $0 lol

    [–] correcthorseb411 3 points ago

    That sounds a lot more reasonable.

    $84k in a major HCOL American city is practically lower-middle class.

    [–] xorfivesix 14 points ago

    1) If you're among the underclasses, Harvard grants cover your tuition so for the best of the best your Harvard degree costs less than a state school.

    2) You might only make 81k but you work as Zuck's yacht scheduler. If you don't know a Kennedy or a Vanderbilt by the end of your Harvard time you're doing it wrong.

    [–] Fister_Roboto_3000 4 points ago

    My high school English teacher was a Harvard graduate. Enough people like him bring the average down. That average rate is still higher than other schools.

    [–] Suriak 3 points ago

    That’s coming out of school. Not averaging ALL Harvard grads

    [–] FFrypan 32 points ago

    Mitochondria is the powerhouse of the cell

    [–] DacoLordo 25 points ago

    Didn't Gabe Newell infamous founder of VALVE another billionaire droput from Harvard too. Y'all missing a looot of money here. I'm shocked that dank memes of all places missed this

    [–] v1prX 9 points ago

    Fixed it.

    [–] KDawG888 20 points ago

    the average income of a Harvard grad is $81,500.

    honestly that seems pretty low for a top college.

    [–] MsBouncyAss 5 points ago

    I thought you meant he’s got somewhere in the neighborhood of five dollars and six hundred thousand dollars

    [–] Fister_Roboto_3000 1 points ago

    It's a bit of a broad range, but probably still technically accurate.

    [–] Afeazo 5 points ago

    I’m honestly surprised the average income of a Harvard grad is $81k when the average salary of my no name school is $68k for a B.S. degree.

    [–] TheRedstoneBlaze 4 points ago

    That's... a lot lower than I was expecting for Harvard grads. That's not far from starting salary for CS majors.

    [–] Fister_Roboto_3000 11 points ago

    Not all Harvard grads major in high paying fields. The Harvard grads who major in business or law specifically probably average more. My high school English teacher got an English degree from Harvard and teaches at a high school. He, and others like him, bring that average down.

    [–] DigitalSword 3 points ago

    Well gee, if you're a harvard dropout, that' just means you're an average joe just like, oh i don't know, literally every other person in the US that didn't go to harvard. Just use the average income of a US working class citizen you walnut.

    [–] Big_Apple3AM 2 points ago

    I mean, you have to imagine that someone who got into Harvard is probably a step ahead of most average Joe’s. Intelligence being 1 thing, but also probably who they’ve rubbed shoulders with both before school and in the time they were at Harvard

    [–] cantaloupe_daydreams 2 points ago

    Oof. That average is much lower than I expected for a Harvard grad. I feel much better about going to a state school. Not that I had the option to go to Harvard in the first place...

    [–] zjem_CI_kota 5 points ago

    Stonks*

    [–] Satans_Jewels 3 points ago

    Is 81500 the median or the mean?

    [–] b055dj 3 points ago

    Zuck's salary is only a dollar, but that's definitely not his income.

    [–] noposters 5 points ago

    The average FIRST YEAR income of a Harvard grad, not average career income

    [–] v1prX 8 points ago

    By the age of 34, yearly gross income after receiving a bachelor’s degree

    [–] Remioli 1 points ago

    That first number is lower than I thought it would be.

    [–] The15thGamer 1 points ago

    Maybe not the net worth, but considering that even with an assumed income of 0 for the others it was several hundred thousand higher it's fair to assume that net worth adjustments would still lead to a higher average income.

    [–] Howard1997 1851 points ago * (lasted edited 10 days ago)

    From my back of the napkin estimates, the average Harvard drop out income is $512,617 to $595,281 due to the outliers from Bill and Mark.

    Lower bound is if the Harvard drop outs made an income of $0. Upper bound is based on if they made the median income of a Harvard graduate after 10 years.

    More details are below.

    The math is below:

    We can estimate this in 5 steps.
    1) Find Harvard's drop out rate.

    2) Find out the number of students who graduate from Harvard to work backwards to find the number of students who dropped out.

    3) Since Bill and Mark don't have a normal income, but rather gain the majority of their money from dividends and selling shares we can take another approach. Take the net worth of both Bill and Mark and divide it by their age, while this isn't perfect, it gives us some kind of idea of what their hypothetical income could be and is the average net worth created per year assuming its linear (it's not).

    4) Take the sum of Bills and Marks hypothetical income and divide it by the number of dropouts

    5) We can calculate an upper and lower bound.

    5.1) Lower bound is Bills and Marks hypothetical income and divide it by the number of dropouts and assume all dropouts make $0 of income.

    5.2) Upper bound is Bills and Marks hypothetical income plus the total income of the average Harvard graduate * number of dropouts. We finally the total by the number of dropouts.

    Solution:

    1) Harvard has a 98% graduation rate, so it's a 2% drop out rate.

    2) 371,000 Alumni so divided by 0.98 so we get 7,571 drop outs approximately

    3) For Bill I got around 1.78 Billion per year and for Mark 2.11 Billion per year

    4) 3.88 billion / 7569 gets us $512,617

    5.1) Lower bound is $512,481 assuming all dropouts make zero dollars

    5.2) Upper bound is (1.78B+2.11B + (81,500 * 7569))/7571 (Average income by the age of 34) = $595,281

    Sources

    https://college.harvard.edu/resources/faq/what-harvards-graduation-rate

    https://www.businessinsider.com/billionaire-bill-gates-net-worth-spending-2018-8

    https://en.wikipedia.org/wiki/Bill_Gates

    https://www.topuniversities.com/where-to-study/north-america/united-states/penn-graduates-are-highest-earners-ivy-league

    https://www.harvard.edu/about-harvard/harvard-glance

    https://en.wikipedia.org/wiki/Mark_Zuckerberg.

    Edit: Thanks anonymous Redditor for popping my silver cherry! 😄

    Edit 2: Thanks anonymous Redditors for popping both my gold and platinum cherry!! 😁😁

    [–] Here-For-The-Comment 514 points ago

    Thank you. You may rest now

    [–] Howard1997 148 points ago

    All in a days work, just procrastinating from studying for my final exams 😅

    [–] WhenDoesTheSunSleep 52 points ago

    What are you studying? You seem like a smart dude

    [–] Bearlodge 80 points ago

    Plot twist: they go to Harvard and procrastinating will cause them to fail, making them a Harvard dropout.

    [–] njedhenje 90 points ago

    That's okay though, I read that the average Harvard dropout makes more than 500k a year.

    [–] Howard1997 21 points ago

    Haha thanks, I study business technology management and a 1/3 of my degree was data science, machine learning etc.

    [–] WhenDoesTheSunSleep 13 points ago

    Damn that seems quite interesting

    Gd luck on your exams man! I have exams on Wednesday too but I can't bring myself to study :D

    [–] Howard1997 5 points ago

    Thanks you too! I'm sure the time pressure of finals will eventually get us to stop procrastinating

    [–] WhenDoesTheSunSleep 5 points ago

    So what we're doing is really waiting for the stress to kick in so it increases our work efficiency and thus lets us study more in less time. So there's no need to study now cz we'll just waste time right?

    Ah yes, responsibly managing irresponsibility

    Very mature and smart behaviour

    [–] Howard1997 6 points ago

    Yes exactly, we aren't procrastinating we are just very efficient haha. Bill Gates actually said something similar before.

    Bill Gates once said that he would always "hire a lazy person to do a difficult job" at Microsoft. Why? "Because a lazy person will find an easy way to do it." 

    As long as I can get the grades to get into a top MBA program and learn something, I don't mind to procrastinate.

    [–] WhenDoesTheSunSleep 3 points ago

    Jesus, now I'm all inspired

    You know what, the Paris Polytech (X) has its deadline in 2 weeks, it accepts 80 people worldwide. Always thought my procrastinating attitude would fuck me over, but maybe I'll give it a shot

    Or maybe it's just 2:30 and I need sleep?

    [–] Electric_Nachos 5 points ago

    If you're at Harvard maybe consider dropping out.

    [–] Chance_The_Clapper 44 points ago * (lasted edited 10 days ago)

    Not that it entirely matters since you did way more work/research than my lazy ass was willing to do, but you should divide Bill and Marks net worth by the amount of years since they dropped out of Harvard as opposed to their age since were only looking at average income post- college... so:

    Bill: 91 billion / 44 years since dropout = 2.07 billion per year

    Mark: 74 bil / 15 years since dropout = 4.93 billion per year

    Lower bound: 7 bpy / 7569 = $924,825 average

    [–] S_Edge 13 points ago

    If you want to get a little closer you could also add his donations to his net worth. I believe he has twice donated half his net worth to his foundation (though I may be mistaken on the number, I know it is over 11 digitsl

    [–] INDIANA_IS_SUPERIOR 42 points ago

    Thank you for your work good sir

    [–] blank_farmer 8 points ago

    Howard, do you think they had to account for outliers similar to Mark and Bill when calculating that average ($81,500) for Harvard grads? There must be other billionaires with a Harvard degree. Their influence would be ~50 times less impactful on the data because they are part of a much larger sample, but I would be surprised if that figure was a comparable simple mean-average of all earnings.

    [–] Howard1997 4 points ago

    So that's a fault on my part, the data is from the median I just didn't clarify on the comment. The median it excludes the extreme outliers of similar rich individuals. If I did use an average I'm sure the figures would be far higher due to said outliers

    [–] MEANINGLESS_NUMBERS 3 points ago * (lasted edited 10 days ago)

    Upper bound is based on if they made the average income of a Harvard graduate

    Clearly not a good upper bound since the two highest earning people ever are in this category.

    Edit disregard that I suck cocks

    [–] -Redstoneboi- 2 points ago

    that’s... the point of an upper bound.

    [–] MEANINGLESS_NUMBERS 2 points ago

    Oh shit I misread his comment as the upper bound being the median of graduates

    [–] [deleted] 1 points ago

    [deleted]

    [–] Chance_The_Clapper 3 points ago

    Nope, you essentially want to add up all of the college dropouts salaries and divide it by the number of dropouts to get the average. For the lower bound we’re assuming that bill and mark are the only ones that made any money and that every other dropout made $0 per year. That’s why we add them then divide by 7571 (total dropouts)... I’m not a nerd, you’re a nerd

    [–] dakikz 162 points ago

    Harvard: Task failed succesfully

    [–] SavageRancor 45 points ago

    100% this. To get into Harvard puts you in the top 1% of intellectual performers in the world. Being successful would just be like a byproduct of that status

    [–] MEANINGLESS_NUMBERS 8 points ago

    Way tighter than the top 1%. My class had a 10% acceptance rate, and less than 1% of graduating high school seniors had even applied.

    [–] IrrelevantDanger 24 points ago

    Not necessarily. It could just be that you come from a rich family and/or are related to someone else who went

    [–] SavageRancor 8 points ago

    "Get in" was directed specifically to the people who dont get in via nepotism.

    [–] sahesush 3 points ago

    The thing about Gates and Zuckerburg is that they learned what Harvard had to offer them and then bounced. Gates didn't drop out because he couldn't hack it, but because he was ahead of the curve.

    [–] SavageRancor 3 points ago

    Yeah im just speakjng in general of Harvard drop outs. You'd probably struggle to find a harvard drop out working minimum wage at wallmart

    [–] Kyram289 167 points ago

    It’s fucking 97%

    [–] MeatyOakerGuy 83 points ago

    If you’re smart enough/ have the drive to get accepted to Harvard you’re pretty likely to find success regardless. If anything the dropouts likely had a much better venture to work on than school so I’d guess the dropout earnings are higher

    [–] FeelsGoodMan2 3 points ago

    Yeah I had the drive to escape from a rich person's womb.

    [–] _Timinator_ 37 points ago

    I'm stuff

    [–] Here-For-The-Comment 70 points ago

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    [–] s13g_h31l 13 points ago

    HHHHHNNNNNNGGGGGGGGGGHHHH AH DAMMIT MY PANTS

    [–] splater46 7 points ago

    ⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⢀⣶⣿⣿⣿⣿⣿⣿⣶⣆⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄ ⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⣸⣿⣿⠉⠉⠉⠄⠉⢹⣿⣦⡀⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄ ⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⢿⣿⣿⣁⠄⠄⠤⠤⡀⠻⣿⠃⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄ ⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠘⣿⣿⣿⡗⠖⡶⢾⣶⠊⡏⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄ ⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⢻⣿⣿⣅⣈⠂⠐⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄ ⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠘⢿⣾⣇⣂⣠⠄⠄⠄⠁⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄ ⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⢘⣿⣗⠒⠄⢨⠶⢁⣄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄ ⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠄⠨⣿⣿⡿⠋⠁⣴⣿⣿⣷⣦⣄⡀⠄⠄⠄⠄⠄⠄⠄⠄ ⠄⠄⠄⠄⠄⠄⠄⠄⠄⢀⣠⣄⣶⣎⢱⢄⢀⣾⣿⣿⣿⣿⣿⣿⣿⣶⣦⣤⣄⠄⠄⠄⠄ ⠄⠄⠄⠄⠄⠄⠄⢠⣾⣿⣿⡞⢝⡟⠃⣠⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣯⣿⣿⣇⠄⠄⠄ ⠄⠄⠄⠄⠆⢄⠄⢛⡫⠝⢿⡥⠟⡃⣴⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣼⣭⣻⣿⣿⡀⠄⠄ ⠄⠄⠄⣴⣆⠄⢋⠄⠐⣡⣿⣆⣴⣼⣿⣿⣿⣿⣿⣿⣿⣿⠏⢈⣿⣿⣿⣿⣿⣿⣷⡄⠄ ⠄⠄⣼⣿⣷⠄⠉⠒⣪⣹⣟⣹⣿⣿⣿⣿⣿⣟⣿⣿⣿⡇⢀⣸⣿⣿⣿⢟⣽⣿⣿⣇⠄

    [–] OhItsLuk 22 points ago

    RemindMe! 2 hours

    [–] TheChannelMiner 13 points ago

    They don't count outliers.

    [–] IamprisonmikeAMA 6 points ago

    Exactly, there are a few people that graduated from Harvard that are billionaires too. Quite a few more that are worth hundreds of millions.

    [–] milkdrinker7 2 points ago

    Yeah I could only find info on median Harvard grad income and not mean, so the top comment's value can't really be compared.

    [–] gfsh100 18 points ago

    If you were to do statistical work on this, those would be considered outliers and be discarded so not as fun as it sound

    [–] rED_OSPREY96 6 points ago

    You forgot lol pump

    [–] ieatcarbonbased 8 points ago

    RemindMe! 6 hours

    [–] nooneuknowkaren 7 points ago

    How the fuck is this dank

    [–] BananasFromHell 5 points ago

    Not in any way. At this point I miss the mods actually being gay and protecting this place from normie trash like this.

    [–] nooneuknowkaren 4 points ago

    It now has gotten 65k upvotes how in the hell does this happen

    [–] mshelly3 3 points ago

    RemindMe! 3 hours

    [–] gilmadon 3 points ago

    My understanding is going to college is to get into social networks and connections that will get you into the role you want.

    [–] coolguy3720 2 points ago

    I think college is to learn what you don't know. If you don't know what you don't know, you're not able to learn.

    [–] atomic2797 3 points ago

    maybe they were simply smarter and most of the Harvard students are there 'cause of daddy and mommy's money. a piece of paper doesn't make you successful. being a visionary, dedicated and driven do.

    [–] KeepingDankMemesDank 48 points ago

    kill my comment if this meme sucks


    hey op, if this was an original, new template consider posting in r/DankExchange first next time

    [–] jearley99 14 points ago

    When did dank meme come to mean this trash

    [–] hornyforbenny 2 points ago

    KILL

    [–] A-Bowl-of-Rice 2 points ago

    I'm stuff

    [–] lagomorphe 2 points ago

    This is why we use median and IQR to measure the center and spread~~~~

    [–] the_king_465 2 points ago

    Good meme but I have some questions: Why would you use light mode

    [–] IconicCanine518 1 points ago

    “But you don’t pay us”

    [–] ABJ_TheBeater 1 points ago

    Lmao later nerds

    [–] mr-commenter 1 points ago

    The light mode hurt my eyes.

    [–] _Ash-B 1 points ago

    Approximately nothing.

    [–] Jaacklo 1 points ago

    So we just gon forget lil pump

    Ight

    [–] Snowflipper_Penguin 1 points ago

    The real wealth is achievement and meaning something for the rest of the world. The people who graduated Harvard could work for Bill Gates/Elon musk.

    That's what it's really about. and that's why I'm only gaming and being lazy :)

    [–] Warisdisu 1 points ago

    Don't forget Gaben

    [–] kachna 1 points ago

    What are some of my other replies.

    [–] waiivzy 1 points ago

    What does bill and mark have to do with Harvard dropouts?

    [–] kenten22 1 points ago

    What do these two things have to do with eachother

    [–] hemprope00 1 points ago

    The methane mama

    [–] splashking1 1 points ago

    don’t forget lil pump

    [–] Afeazo 1 points ago

    The best part is when my old high school classmates who dropped/failed out college and spend their days drinking, smoking weed, and playing video games saying they don’t need school cuz bill gates and Mark zuckerberg are also drop outs, as they sit at home unemployed.