Some people might look at what Brentt Baltimore did and shake their heads in disbelief. Last year, Baltimore, then a senior majoring in economics and finance at Claremont McKenna College in California, turned down a six-figure job at a Los Angeles area hedge fund. Instead he took a $33,000-a-year position at a venture capital firm in Detroit. This, even though he has about $38,000 in student loan debt.
Baltimore, 24, is part of a small group of recent graduates who are forgoing large salaries to work for startup businesses in Detroit, Las Vegas, Cincinnati, Cleveland, New Orleans, Baltimore and Philadelphia and Providence, R.I. He chose his job with the help of Venture for America, a nonprofit organization that selects fellows to work in cities that aren't the usual magnets for young college graduates. By August, 108 fellows will be working at 70 companies as part of the two-year program.
To read the full, original article click on this link: US graduates forgo six-figure salaries to work for startups - The Economic Times
