That is great for "starting" "college grads". This could be anyone with a basket weaving degree working as a manager at YMCA. I would compare people who have a minimum of a masters degree. The normal pilot earns a bachelors degree then has extensive flight training anywhere from 2-6 additional years. I would use this as your starting point. Look at doctors and lawyers. Both are specialized and skilled. Anybody with any degree can be a manager at best buy. That same manager can't just hop into a Jet with 99 other lives at stake or diagnose you with cancer. Same could be said about any doctor or lawyer. This is a specialized skill that takes extensive education and dedication. Also, i'm comparing NYC not Billings Montana.