As a new grad, was I supposed to feel lowballed at getting an offer quite a bit less than that? I know senior devs who make less than that. Is this just for stanford/mit grads?
$97,750, $118,000 $129,000 for 25th, 50th, and 75th percentile respectively
IIRC this number is typically just the base salary so you can roughly double it to include bonus and stock.
Click Employment tab then Page 9 in https://capd.mit.edu/resources/student-outcomes-and-salaries
Not that I doubt there are jobs which pay this, but from what I've seen of the market, if money is all you're concerned with you should not be turning your nose up at a 200k TC offer.
200k is very high for new grads.
I think the 200k figure is inflated by FAANG companies, basically.