Today’s College Grads Earn 8-11% Less Than 10 Years Ago [Headlines]
Post recession, having a Bachelor's degree will not get you the pay level of previous years.
Young people entering the job market are taking the brunt of the downward pressure on wages caused by high unemployment, according to a new analysis of pay trends.
In data compiled for a coming report, the Economic Policy Institute, a center-left think tank in Washington, found that the average inflation-adjusted hourly wage for male college graduates aged 23 to 29 dropped 11% over the past decade to $21.68 in 2011. For female college graduates of the same age, the average wage is down 7.6% to $18.80. Wall Street Journal