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The majority of college students are overestimating how much they’ll be making after graduation, with some expecting double the average starting salary.

May 17 2022

The majority of college students are overestimating how much they’ll be making after graduation, with some expecting double the average starting salary. A survey by Real Estate Witch found that undergrad students expect to make upwards of $100,000 in their first job, when the average starting salary is roughly $55,000. Among the students who have jobs lined up after graduation, only about half are satisfied with their starting salaries. These expectations may be a result of the fact that nearly 1 in 3 students will owe over $50,000 in student loans and students feel it is virtually impossible to eradicate that debt over a reasonable amount of time. Our What’s Next For Work Trend Report found that salary is by far the most important thing when it comes to Gen Z’s perfect job, and the majority say they deserve to make more money. (Newsy, Real Estate Witch)