College Students Over-estimate Starting Salaries
There's bad news for college students . . . and no, it does NOT involve any Cinco de Mayo parties being canceled.
A new study has found that current college students expect to score a $103,000 salary . . . right after graduation. But that over-shoots the actual starting pay . . . by more than $50,000. The actual starting salary is a touch over $50K.
But there is good news. A lot of businesses ARE hiring right now, so it should be easier to find a job. Employers plan to hire about 31% more new college graduates than they hired from the Class of 2021.
And of course, some majors pay better than others. Students with computer science degrees have an average starting salary of $76,000 . . . and engineering students start out at $74,000. Pay in those fields is going up.
On the flipside, students with communications degrees have an average starting salary of $56,000 . . . and humanities students start out at $51,000. And the money in those fields is going down.