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College students overestimate starting salaries by $24K: Survey

College students overestimate starting salaries by $24K: Survey

Summary

A survey found that college students expecting to earn about $80,000 one year after finishing their bachelor's degree are overestimating their starting salaries by $24,000. This means the actual average salary for recent graduates is about $56,000.

Key Facts

  • College students think they will earn around $80,000 a year after graduating.
  • The true average starting salary is about $56,000.
  • Students overestimate their earnings by $24,000 on average.
  • The survey focused on students pursuing bachelor’s degrees.
  • The data highlights a gap between expectations and reality in early career pay.
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