right arrow
Examples: Monday, today, last week, Mar 26, 3/26/04
College Confidential stands united with African American students and their families against racial injustice and in pursuit of higher education and equality in America.
GUEST STUDENT OF THE WEEK: Zai Dawodu overcame a low GPA to get into top schools like Northwestern or NYU. She'll be attending Northwestern to study Computer Science. ASK HER ANYTHING!
Make sure to check out our June Checklists for HS Juniors and HS Seniors. Consult these quick resources to get you started on the process this month.
As we work to adjust to the current reality, make sure to check out these dedicated COVID-19 resources: our directory of virtual campus tours, our directory of extended deadlines, as well as the list of schools going test optional this fall.

U.S. College Grads Are In For An Unpleasant Surprise

Dave_BerryDave_Berry CC Admissions Expert 511 replies3012 threads CC Admissions Expert
"...'“Bushy-tailed and bright-eyed, the average Generation Z undergraduate expects to make $57,964 one year out of college, while the national median salary is $47,000 for recent grads with bachelor degrees who have between zero and five years of on-the-job experience,' Clever writes, concluding that many students have 'seriously unrealistic' expectations for their early career salaries." ...

https://www.zerohedge.com/news/2019-06-20/us-college-grads-are-unpleasant-surprise
2 replies
· Reply · Share

Replies to: U.S. College Grads Are In For An Unpleasant Surprise

  • cptofthehousecptofthehouse 30284 replies59 threads Senior Member
    Depends entirely on the major.
    · Reply · Share
  • juilletjuillet 12783 replies163 threads Super Moderator
    I don't think this is particularly new, in that I think college students have always overestimated how much money they'll make coming out of college. I've done college advising for a while and I've often heard students say they'll borrow $$$ and it's OK because they can just pay it back with their post-college earnings, without any real thought as to how much it costs to live.

    A very interesting phenomenon in that chart is how more highly paid majors tended to overestimate how much they were going to make after college MORE. However, I wonder if they compared the students' estimates to the average major *for that field*, not just overall. While I don't think salary is entirely dependent on major, it is related pretty closely, so it could be that those physical science majors are correct. (Business majors, however, tend to overestimate both their earnings and their competitiveness in the market. Really, it depends on the kind of business - finance and accounting are harder to find, but marketing and management majors are plentiful and don't necessarily start very much higher than other social science majors.)
    · Reply · Share
Sign In or Register to comment.

Recent Activity