Unfulfilled Expectations: Recent College Graduates Struggle in a Troubled Economy

May 19, 2011

Unfulfilled Expectations: Recent College Graduates Struggle in a Troubled Economy (PDF)
Source: John J. Heldrich Center for Workforce Development at the Edward J. Bloustein School of Planning and Public Policy (Rutgers)
From press release (PDF):

National survey of College Graduates from 2006 to 2010 finds…

  • Just over half of recent college graduates are working full-time; half are working in jobs not requiring a BA or BS degree.
  • The median starting salary of students graduating in 2009 and 2010 was 10% lower than the salary received by those who entered the workforce in 2006 and 2007. College educated women continue to earn less than college educated men.
  • The vast majority of college graduates are satisfied with their college education, but three quarters would do something different during college if they could start college over again.
  • The majority of college graduates believes that their generation will not do better than the one that came before them; not even half expect to have more financial success than their parents.
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