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Community Corner

College Grads and Salary

 A study performed by Rutgers Center for Workforce Development revealed that only 1 in 2 recent college graduates is employed full-time, while the other half is either working part-time or attending graduate or professional school. Half of all new college graduates take jobs that do not require a college degree because they are unable to find employment in their field of study. For those who were able to gain full-time employment, the median salary earned was $28,000, which is $3,000 less than the median salary earned by those who graduated before the recession began in 2007. Moreover, half of all new college graduates take jobs that do not require a college degree. prospective college students must at least be aware of the possibility of postgraduate under employment,or even unemployment, so that they may make an informed decision on how much money to borrow for school.

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