Today’s College Grads Earn 8-11% Less Than 10 Years Ago [Headlines]

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.

Dory Carr-Harris, PSFK
  • 13 march 2012

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

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