I don't know a single person who has gotten a recent (5 years) faculty position without one or more postdocs. I'd say this is extremely uncommon experience. Nor have a seen salaries more than 40k for students, even postdocs don't always make 50k.

All of my friends on the market this year from a variety of schools got faculty positions without postdocs. It isn’t uncommon in CS.

My salary as a student wasn’t 40k. My income from my RA position plus my internship was more than 60k.

I guess I'm not in CS, maybe thats the difference.

60k per year doing internships? I thought a typical tech internship paid $5-8k/month, which means at most $25k over the summer. (Maybe my number is for undergrads, and grad student interns get paid significantly more?)

$6-9k a month for research internships with the ability to extend them beyond 3 months.

It worked out well since I would be doing basically the same research whether I was at the company or at my university.

What field? Even at top tier institutions I've never seen grad students make more than 40k, but I'm thinking of research heavy PhDs, where you continue your research over the summer.

Edits: ah, just saw in your profile it was software engineering!

I had the same experience as the grandparent, and averaged 70K a year. I had a lot of great opportunities during my Ph.D so I was really fortunate, but I felt that many students I met during internships were serial interns and got fellowships too, so it seemed at the time like most strong PhD students in Computer Science averaged about 60K a year and enjoyed it. Also note that you don't pay FICA (Social Security / Medicare) on your PhD stipend so 25K is like 30K.

I graduated in 5 years into my dream tenure-track job, and 7/8 of the students in my cohort got good tenure-track jobs too (the remaining one went back to running a successful business unrelated to her research). The school I'm at pays $40K/year stipends for PhD students, including the summer; so I think many people only count the 9-month stipend for PhD students which is about 27K, and not the summer salary.

I continued my research at companies every summer. Seems fairly common in CS, so you get access to real data/systems and good salaries.

I think this is fairly unique to CS. In physics, I had much the other experience.