JP Morgan Corporate Analyst Development Program Salary

Does anyone have any idea how the full-time salary for JPM's CADP program is? I've heard 75k base with 5k sign-on bonus which seems kind of low, considering the cost of living in the cities where the program is (Palo Alto, NYC, Chicago, etc.)

Does anyone have any insight on whether this is somewhat accurate or think that it also sounds quite low? I've heard people say JPM can afford to underpay its workers because of name prestige.

 

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