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  1. #1
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    College Grads stuck in low-paying jobs

    Read this article this morning and was surprised by the graph showing each education-levels income.

    College Grads May Be Stuck in Low-Skill Jobs - Yahoo! Finance



    Everything I've read before this showed HS grad at a much lower rate than this. I guess I'm just bummed that my wife makes less than a HS graduate and I, with a MS, make about the same as an associate degree. Do you think these are accurate?

    I would agree from experience of looking what else is out there most jobs do not require a degree and ones that do don't pay near these levels at all. If I could find an" average" job at 71K I'd jump at it - a 35% increase yes please!


    Last edited by mtowncyclone13; 03-27-2013 at 12:27 PM.
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    Re: College Grads stuck in low-paying jobs

    Man, maybe I just suck at negotiating salary, but that seems high to me.

    EDIT: Although, is that including benefits?



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    Re: College Grads stuck in low-paying jobs

    That's high.



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    Re: College Grads stuck in low-paying jobs

    Quote Originally Posted by mtowncyclone13 View Post
    Read this article this morning and was surprised by the graph showing each education-levels income.

    College Grads May Be Stuck in Low-Skill Jobs - Yahoo! Finance



    Everything I've read before this showed HS grad at a much lower rate than this. I guess I'm just bummed that my wife makes less than a HS graduate and I, with a MS, make about the same as an associate degree. Do you think these are accurate?

    I would agree from experience of looking what else is out there most jobs do not require a degree and ones that do don't pay near these levels at all. If I could find an" average" job at 71K I'd jump at it - a 35% increase yes please!
    What do you do for a living? Don't need to be specific.



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    Re: College Grads stuck in low-paying jobs

    Quote Originally Posted by MNCyGuy View Post
    Man, maybe I just suck at negotiating salary, but that seems high to me.

    EDIT: Although, is that including benefits?
    Whenever you look at numbers like this you have to remember that they are averages for everyone, not just new grads. This is more the average of someone who is mid-career. So you might say this is what the average 40-something at these education levels make.

    Plus this is the mean, not the median. And a high earner making a few million a year can skew the average up a lot more than people working part time making minimum wage can skew them down.



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    Re: College Grads stuck in low-paying jobs

    Those aren't correct at all. 71 k is about what the average chemical engineer makes out of college, which is considered the highest paying major. Although I guess 71 k is right out of college, and this graph isn't specific to first year grads



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    Re: College Grads stuck in low-paying jobs

    42 grand for a high school diploma??? No ******* chance. I have a bachelors and I don't make that.



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    Re: College Grads stuck in low-paying jobs

    Does the bachelor's degree also include those who have gotten advanced degrees? An MD had to get a bachelor's before getting to med school. That could skew the number higher.



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    Re: College Grads stuck in low-paying jobs

    Quote Originally Posted by mtowncyclone13 View Post
    Read this article this morning and was surprised by the graph showing each education-levels income.

    College Grads May Be Stuck in Low-Skill Jobs - Yahoo! Finance



    Everything I've read before this showed HS grad at a much lower rate than this. I guess I'm just bummed that my wife makes less than a HS graduate and I, with a MS, make about the same as an associate degree. Do you think these are accurate?

    I would agree from experience of looking what else is out there most jobs do not require a degree and ones that do don't pay near these levels at all. If I could find an" average" job at 71K I'd jump at it - a 35% increase yes please!
    Midwest salaries and housing are lower than both coast. That that into account.


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    Re: College Grads stuck in low-paying jobs

    Quote Originally Posted by VTXCyRyD View Post
    What do you do for a living? Don't need to be specific.
    I'm one of those "over -compensated" public employees and my wife is a teacher.


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  11. #11
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    Re: College Grads stuck in low-paying jobs

    There are a lot of factors driving this phenomenon, and when you consider their effects, it's not a big surprise that the growth in earnings for those with college degrees has been declining for over a decade.



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    Re: College Grads stuck in low-paying jobs

    Quote Originally Posted by mtowncyclone13 View Post
    I'm one of those "over -compensated" public employees and my wife is a teacher.
    Do you include your benefits packages when comparing yourself to the graph?

    Also, if you want to make more and you are a public employee, you should move to California.



  13. #13
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    Re: College Grads stuck in low-paying jobs

    Quote Originally Posted by ZJohnson View Post
    42 grand for a high school diploma??? No ******* chance. I have a bachelors and I don't make that.
    I actually know a lot of people with high school diplomas that make more than 42k, and they all work in factories.



  14. #14
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    Re: College Grads stuck in low-paying jobs

    I assume this is a lifetime average, you should still have decades of salary increases to up your average.

    Also Iowa is probably lower than the national average, due to lower cost of living.



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    Re: College Grads stuck in low-paying jobs

    Quote Originally Posted by VTXCyRyD View Post
    I actually know a lot of people with high school diplomas that make more than 42k, and they all work in factories.
    Then I need to find a new profession...



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