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Nov 05

NACE predicts salary hike for graduates

Published in graduate by degreeauthority

Getting better job opportunities is a tedious task for a student. However, education helps students to seek well paid jobs but the cut throat competition among candidates has made it mandatory for the students to have an edge over others. After the World War II was over, there rose a great demand for high school students in United States . The economy was desperate to recover from aftermaths ofthe World War II and the industrialists cannot wait for a student to graduate. High school students got jobs and on floor training after World War II but now the scenario have changed completely.

In the age of information technology it has become necessary to become a graduate. You will be astonished to find out that the difference between annual salaries of a graduate and a high school graduate is $23,000. The findings are based on recent statistics of US Census Bureau.

US Census Report released in year 2003

The average starting salary a high school graduate can get was $21,948. Average salary of a college graduate was estimated at $40,287. A Master degree holder could get around $50,020 and Doctor and other professional degrees could fetch around $64,372 and $75,322 respectively. It is cleared from the above statistics that higher you study highest you get. Graduation can give you the cutting edge you are searching for.

National Association of Colleges and Employees (NACE) report

In the recent years employers are seeking only those candidates who have a degree. There has been a competition among top employers to recruit young graduates in Chemical Engineering, Management Information System, Mechanical Engineering, Computer Sciences, Computer Engineering, Economics, Electrical Engineering, Business Administration, Finance, Accounts etc. This competition has resulted in increased salary for students graduating in one of the above mentioned subjects. It is estimated that salaries for college students has increased up to 3.5% to 5% in recent years.

New vistas for graduation

With the advent of online universities it has become easier to get a graduate degree. There are numerous universities available online, which provide cost effective graduate programs to the students. Registration in a graduate course is much simple as minimum criteria is adopted in many online universities. Moreover, the eligibility criteria and fee structure of online degree courses vary from one to university to another.

Advantages of online university:

  • You can get admission in several graduate courses without clearing GMAT or GRE tests. Your undergraduate GPA and other degrees earned may form a suitable base to get admission in an online degree course.
  • Online university gives you liberty to learn and earn together. It is best suited for those persons, who are currently in work and wants to pursue a degree. They can easily continue their studies with work by registering in an online university.
  • Students can get become a graduate within two years or less through online university.
  • You have to wait for a semester break to attend classes after your registration for a degree course in traditional universities but students can start attending classes at the time they feel appropriate in online university.

Earn a college degree online to save your time and money. A Bachelor’s degree will provide you a platform to promotions and high increments in an organization.


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