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How a lot do school college students overestimate beginning wage?


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To say there is a hole between expectation and actuality is likely to be a little bit of an understatement.

Reply: Round $34,000

  • Wage expectation: $101,500
  • Wage actuality: $68,400

A one dollar bill standing up on its edge on a white countertop.

Questions:

  1. Earlier than seeing these numbers, what did you count on the common wage to be for faculty graduates? How does that expectation evaluate?=
  2. Why do you assume school college students’ expectations are so removed from their precise beginning salaries?
  3. What are some penalties of getting wage expectations which are greater than your actual wage?
  4. What steps might you’re taking to get a extra correct estimate of your beginning wage?

 

Listed below are the ready-to-go slides for this Query of the Day that you need to use in your classroom.

 

Behind the numbers (CNBC):

“Rising school graduates have excessive expectations for his or her beginning salaries, however the actuality of the job market could fall in need of their hopes, in line with a brand new report from ZipRecruiter.

Members of the category of 2025 say they count on to earn a mean $101,500 per 12 months for his or her first job, in line with the survey of over 3,000 current and rising school grads between Feb. 28 and March 19.

That’s a lot greater than what the common current grad truly makes — $68,400 per 12 months — in line with survey information.”

 

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For extra assets associated to profession planning, try NGPF’s Profession unit.

 

About
the Creator

Kathryn Dawson

Kathryn (she/her) is worked up to hitch the NGPF group after 9 years of expertise in training as a mentor, tutor, and particular training trainer. She is a graduate of Cornell College with a level in coverage evaluation and administration and has a grasp’s diploma in training from Brooklyn Faculty. Kathryn is wanting ahead to bringing her ardour for accessibility and academic justice into curriculum design at NGPF. Throughout her free time, Kathryn loves embarking on cooking initiatives, strolling round her Seattle neighborhood together with her canine, or lounging in a hammock with a ebook.


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