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February 13, 2019

College Students Expect $60k Salary, But Average $48,400

When young adults graduate college and head off into the “real world,” they often feel both excited and nervous.

When young adults graduate college and head off into the “real world,” they often feel both excited and nervous.

The uneasiness stems from leaving the comfort and fun of a college campus where a student just spent four or more transformative years while the excitement stems from the anticipation of a landing a lucrative job that opens up possibilities far removed from the days of dieting on ramen and Red Bull.

However, LendEDU’s most recent study found that college students are overestimating how much they are going to make right out of college compared to what most will likely bring home.

Using data licensed from College Pulse, LendEDU analyzed over 7,000 responses, categorized by school, from current college students to uncover what they anticipate they will make immediately upon graduating.

These numbers were then compared to statistics from PayScale that report the average salary for a college graduate with zero to five years of experience at nearly 1,000 different colleges and universities.

 

Continue reading at https://lendedu.com/blog/college-graduates-salary-expectations-realities

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