Great News For College Grads: Starting Salaries Are Finally Back To Where They Were 10 Years Ago!
by Tyler Durden
May 12, 2017 9:20 PM
The Wall Street Journal and others are cheering today as a new study from executive search firm Korn Ferry International found that the “average base pay for college grads this year ticked to the highest level in at least a decade.” We guess in the new millennial world that getting back to your original starting point is actually celebrated as an ‘accomplishment’.
“This has been the best year for students that I’ve seen since coming here,” said Thomas Ward, executive director of the career-services center at Adelphi University, in Garden City, N.Y., who joined the school in 2008. Some students at the school are fielding multiple job offers, allowing students to be choosier about where they ultimately land, he said. “It’s very rewarding.”
So where are new college graduates earning the most bank? Well, average starting salaries for 2017 grads are just under $50,000 but software developers, engineers and actuaries, particularly those moving to San Francisco, can be expected to outperform that average by quite a bit.
Featured Image via Clipartfest