I grew up in metro Detroit and every other white collar parent is a Big Ten (if that) grad who makes a cozy $330k, 550k, even well into 7 figures after working up corporate (finance/marketing/engineering/sales) ladder at an automaker, auto supplier, etc. Mark Fields, former CEO of Ford, was raised in New Jersey, came to Ford after tech consulting at IBM then HBS, and rocketed to becoming youngest CEO in Ford history. His retirement package in his early 50s was $60M.
My point is, i-banking kids are aggressive, smart, and at the top of their class at highly competitive colleges ... then put themselves in investment banking, competing against other super aggressive, smart, top of their class peers from targets! Wouldn't rising the ladder at some flyover state F500 be child's play against the relatively duller competition?