Starting Salaries For College Grads Tick Up in 2017

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Good news, college grads!

Salaries Soar for the Class of 2017

They soared? This is from the Wall Street Journal, which passes along a Korn Ferry estimate that starting salaries for college grads this year will be a whopping 1 percent higher than last year, adjusted for inflation. They also report that “today’s salaries are 14% higher than those of students who graduated in 2007.” That may be, but data from the National Association of Colleges and Employers sure doesn’t agree:

Neither does the Department of Education. Here’s their data for young college grads:

Starting salaries appear to be up this year, and that’s good news. But don’t get too excited, OK?

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FACT:

Mother Jones was founded as a nonprofit in 1976 because we knew corporations and the wealthy wouldn't fund the type of hard-hitting journalism we set out to do.

Today, reader support makes up about two-thirds of our budget, allows us to dig deep on stories that matter, and lets us keep our reporting free for everyone. If you value what you get from Mother Jones, please join us with a tax-deductible donation today so we can keep on doing the type of journalism 2020 demands.

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