68% of graduating seniors worry about "earning enough money"

 

A report by Barnes & Noble College reveals that many recent grads are worried about money, Lisa Malat writes for eCampus News.

The survey's participants were students graduating in spring and summer 2017. Researchers asked students about their concerns regarding their lives after graduation.

Students' top three concerns all related to money, a sign that they may feel uneasy about their ability to be independent, writes Malat. Sixty-eight percent of students said they were worried about "earning enough money." The second most common concern was "finding a job" and the third was student loans.

The 25 jobs with the brightest salary outlooks for 2017

Around 60% of the surveyed college seniors predicted their first job's salary would not meet their goal, and only 6% said it might be greater than their goal. Students' median salary goal was $45,000—but they expected to receive only a median $40,000.

Perhaps as a result of their worries about salaries, many students plan to live at home for a period of time after graduation. Thirty-five percent of students said they would "definitely" live at home, and 18% said they were still figuring out their living plans.

However, salary concerns didn't seem to dampen students' satisfaction with their degrees. Nearly 90% of students said they considered college to be "moderately to very valuable."

In response to the report, colleges may want to consider expanding their career services offerings for alumni, Pat Donachie writes in Education Dive (Donachie, Education Dive, 6/30; Malat, eCampus News, 6/29).

How colleges can meet demand for alumni career services


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