In the US, my salary was about that (6250 USD/month) straight out of university 12 years ago, but of course I only had 2 weeks paid vacation. I did get bonuses, but no pension.
IIRC taxes are slightly lower in Germany too. After putting the maximum amount into a 401(k) (self funded, pre-tax retirement) and paying taxes, I took home around $3500 per month, excluding bonuses.
That's about what I get after taxes, too (in EUR, ~3.6k EUR), but my retirement (with 7% interest) and healthcare costs are covered completely. Also I have about 40 vacation days and a 37h work week :)
College is inexpensive in the US. Even top privates are affordable if you choose an appropriate career such as software engineering at a top company, management consulting, investment banking, medicine, or big law. You don't spend 50k/yr at a top private school to be a school teacher unless your family is already very wealthy. Paying $30k/yr at even a top state school is not a good idea to enter low paying career fields. Most people major in fields that are an extension of general high school studies, these majors are traps and should not be offered as they do not provide additional earnings and only serve as a four to six year timeout from the labor force as well an employment program for professors.
I have multiple degrees from US schools and zero debt.
$56k in tuition, fees, and books to graduate from my alma-mater in-state at today's rates[1]. Tuition nearly tripled from 2000 to 2012 and then they froze tuition by reducing the number of slots for in-state students (thus raising the average tuition charged without changing the sticker price).
Also, most public schools will not hire teachers without a 4-year degree, so saying that those going into low-earning fields like teaching ought-not get a degree is questionable at best.
Hiring credentials is an arms race, so if everyone else is getting a degree you're going to have a bad time if you don't -- even for fiends in which no degree is logically required.
From my experience so far (cs/ee, software developer):
work experience is more important than grades, current tech stack, interested/knowledgeable in what you're doing, networking (xing/linkedin helped quite a lot), bigger company for the first role also helped with salary. started out with about 58k (~13.8 salaries + bonus + >40 vacation days), quickly went up to around 80k (2yrs)
Nope actually just being on there (with a current profile) helped a lot. Currently at least here in Germany there are a _lot_ of open positions in my field. At the moment I (as well as other colleagues I talk to) get multiple requests a week. There are a lot of uninteresting ones, but still..
IIRC taxes are slightly lower in Germany too. After putting the maximum amount into a 401(k) (self funded, pre-tax retirement) and paying taxes, I took home around $3500 per month, excluding bonuses.