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Everyone has a different happiness vs. money curve (with all other variables affecting happiness held constant). As a gauge of how materialistic I am:

Are you afraid that your only option in Applied Math will be academia? Are you afraid that you will wish that you had done something where more money was involved (finance, law, engineering even)?

For example, Northwestern posted that, last year, 100% of its graduates went to post-docs. Given the history of the percentage that went into post-docs in recent years, this is because of a lack of jobs in industry. I'm afraid that I will be stuck making 70K as a professor for my whole life.

Yes, 70K is decent... But it'd be nice to think that you could make more. :)

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