Recent college grads seeing uptick in salaries and outcomes

Recent college grads seeing uptick in salaries and outcomes

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Ace News Today - Recent college grads seeing uptick in salaries and outcomes
(Image credit: NACE)

Class of 2019 college graduates who earned bachelor’s degrees found 2019 to be a very good year as they saw increases in both positive outcomes and salaries, according to new data collected by the National Association of Colleges and Employers (NACE).

Overall, nearly nine out of 10 bachelor’s degree graduates (86%) from the Class of 2019 had either landed in a job or were enrolled to further their education, according to results of NACE’s Class of 2019 First-Destination Survey.

Although that is only slightly higher than the 85.7% posted by the Class of 2018, it is the highest positive outcome rate reported since NACE first began reporting with the Class of 2014. (See Figure 1.)

While 2019 graduates saw just a small increase in their employment rate compared to their 2018 counterparts, their gains in salary were substantial: The median salary for 2019 bachelor’s degree graduates employed full time was $52,714, a 6% increase from the median of $49,725 in 2018.

Figure 1: Class of 2019 bachelor’s degree results

Total Graduates549,972
Knowledge Rate65.6%
Career Outcomes Percentage86.0%
Percent Employed Overall64.6%
     Percent Employed Full time59.7%
     Percent Employed Part time4.9%
Percent Service0.8%
Percent Military0.9%
Percent Continuing Education18.6%
Percent Seeking Outcome13.8%
     Percent Seeking Employment11.1%
     Percent Seeking Continuing Education2.7%
Not Seeking1.3%
Mean Starting Salary$54,488
Median Starting Salary$52,714
(Source: First Destinations for the College Class of 2019, National Association of Colleges and Employers)

~ Posted by Richard Webster, Ace News Today   /   Follow Richard on Facebook and Twitter

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