value isn't the whole story -- there's a large supply of programmers who are much cheaper than what a stanford grad makes (hacker schools and eastern europe / india are examples)
there are good arguments for why american companies can't outsource effectively for all roles, or the higher quality of a stanford grad, but they aren't simple arguments and they depend as much on low-quality managers as high-quality talent
even in a high-price city with a reasonable tech ecosystem like london, programmers aren't paid as much as SF or even NY.
there are good arguments for why american companies can't outsource effectively for all roles, or the higher quality of a stanford grad, but they aren't simple arguments and they depend as much on low-quality managers as high-quality talent
even in a high-price city with a reasonable tech ecosystem like london, programmers aren't paid as much as SF or even NY.
comp is complicated