Everything else being the same, it's better to make 300k than 175k/year. And not everything is the same, normally in those better paid jobs you have better Engineers, a lot of challenging problems, many nice perks, etc. What you don't normally have is flexibility to negotiate special conditions e.g. 4day work week. Also you don't get highly ethical companies, just average ones at that (and it might actually be better to donate the diff between 300k and 175k vs working in a slightly more ethical place for 175k).
So as far as general advice goes, it makes sense to recommend trying to get those FAANG jobs if you can.
So as far as general advice goes, it makes sense to recommend trying to get those FAANG jobs if you can.