Why college graduates still flock to Wall Street jobs, despite worries


The New York Stock Exchange (NYSE) stands in lower Manhattan on the first day that traders are allowed back onto the historic floor of the exchange on May 26, 2020 in New York City.

Spencer Platt | Getty Images

When junior bankers at Goldman Sachs complained about what they called “inhumane” working conditions in an internal survey that made waves across the industry this March, one incoming analyst wasn’t fazed.

He knew about the industry’s reputation for hazing its recruits with 90-hour work weeks. But for him and many others, tough conditions created by a boom in deals combined with a still-raging pandemic haven’t dimmed the most obvious allure of Wall Street: money.

The son of South…


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