I actually have a bachelor's degree in Computer Science from a fairly highly ranked AAU research university. I had to leave the US right after graduation for some reasons, so here I am in Bangalore.
Most of my fellow graduates (and those that graduated the year before) are making from $60k on the low end to $150k on the high end. That's $150k with less than 1 year's experience (but these are really smart hackers). $85k seems to be the sweet point for fresh graduates though.
Not sure where I'll be next though -- I'm looking for an interesting startup-like work atmosphere, and Bangalore seems to be mostly populated with dull outsourcing companies.