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Salary Rates After Graduation

 

            
             People go to college with the assumption that a college education will allow them to earn more money, and hopefully have a "better life". So they subject themselves to four years of study and then they graduate, find a great job and live happily ever after. Right? .
             Recent trends in the business sector as well as socio-political events have made it difficult for graduating students to realize the dream of immediate wealth after college. Rumors spread by alumni tell of a cut throat job market where few come by jobs that correspond to their degree of study. Observing all the negatives, one might ask "how much can graduating students expect to earn as a base salary immediately after graduation?" .
             Research Objectives.
             The purpose of this research is to inform students about their salary potential. Overall base salaries of various professions will be used as a means of comparison. I intend to give students a better perspective by addressing their salary expectations and comparing them to real job market earning statistics.
             This survey is significant to students because it:.
             1. Addresses their expectations.
             2. Valuation of a college education.
             3. Is a preparation tool for job interview.
             Literature Review.
             U.S. Census Bureau, Special Studies, July "02 issue: "The Big Payoff: Educational Attainment and Synthetic Estimates of Work-Life Earnings". This source will be used to determine if obtaining a college education is more profitable than a high school education. It also demonstrates how the increase in each educational level results in higher earnings.
             Business Week, 2-3-03 issue: "Is Your Job Next". Used to evaluate global trends in the job market.
             Honolulu Advertiser, Careerbuilder 3-16-03: "Field of Dreams". Assess market trends in Hawaii; this is significant because the survey will be taken at Hawaii Pacific University located in Honolulu, HI.
             HPU, Center for Graduate Studies: "2001 Graduate Profile Salary and Employment Report".


Essays Related to Salary Rates After Graduation

1. The Detrimental Effects of Rising Tuition Costs

As a result, most students will have some amount of debt upon graduation from a college or university. ... The net price (the cost after scholarships, grants and federal tax benefits) that in-state students at public colleges will pay in 2012 rose 4.6% to an average of $16,510. That's more than twice the rate of inflation, which rose just 2% over the last 12 months " (1). ... After graduating from college, they will receive a high enough salary in which they will be able to pay off any of their school loans. ... Schools would rather accept fewer students at a higher tuition rate than mor...

  • Word Count: 3406
  • Approx Pages: 14
  • Grade Level: Undergraduate

2. The Cost of Higher Education

Payroll is another driving factor in the operation cost of running a school, the rising number of administrators and the higher demand in faculty's salaries due to the competitive nature of the business sector searching for talent. ... Having a high graduation rate if one of the key focuses of the school, as the demand by the public to accomplish this is also very high. ... While it is true that the individual salary range will increase this also puts them in a higher income tax bracket, where the State and Federal government will now get a bigger share of the pie through taxes. ... These...

  • Word Count: 859
  • Approx Pages: 3
  • Grade Level: Undergraduate

3. The Role of Athletics in College

In the last decade, the almighty dollar has reigned even more supreme, as bowl games have been manipulated, conferences have been realigned, and coaches' salaries have escalated. ... Schools such as Notre Dame and Penn State field exciting and moneymaking football teams, yet also see more than 75 percent of their senior players up on the stage on graduation day, getting degrees. If colleges really care about the education of Sports athletes, they should keep the halls open to athletes after the pro dream evaporates (U.S.News & World Report by Gregg Esterbrook). ... If gradua...

  • Word Count: 813
  • Approx Pages: 3
  • Grade Level: High School

4. The Basics of Being a Lawyer

After law school, students must pass the bar exam in order to start practicing law. ... This number is below the average growth rate for all occupation which is fourteen percent. ... Nine months after graduation from law school, lawyers usually have a starting salary of $50,000. The average salary of a lawyer is around $110,000. ... After their first year at Duke Law School, students must focus on the specific area of law they want to study. ...

  • Word Count: 795
  • Approx Pages: 3
  • Grade Level: High School

5. History of Financing College Education

Webber and Ehrenberg talks about different expenditures of a college student in an article on the NBER (National Bureau of Economic Research), "Do expenditures other than Instructional Expenditures Affect Graduation and Persistence Rates in Higher Education." Student services are an effect on persistence and graduation rates, and their minimal effects exceed those students that attend schools that have lower scores for entrance and the Pell Grant disbursement are higher. It was assumed by Webber and Ehrenberg that if the distribution of some of the money for instructional expenditure...

  • Word Count: 1137
  • Approx Pages: 5
  • Has Bibliography
  • Grade Level: Undergraduate

6. The Effectiveness of School Voucher Programs

Soon the predictions of Friedman became reality and it was found that appalling test scores, alarmingly low secondary school graduation and school passageway rates, constrained instruction open doors inside and outside schools, and racial and monetary detachment have knitted the training scene on May inward city groups (Rand). These frightful conditions have headed numerous folks to seek after options to the universal government funded school framework, including vouchers. ... Greene (1999, 2001) found that appalling test scores, alarmingly low secondary school graduation and school passageway...

  • Word Count: 2257
  • Approx Pages: 9
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7. Causes and Impacts of Untrained Labor in the United States;

States with very large cities, areas with large immigrant populations, high welfare rates, and poorly performing school districts had higher unemployment rates. ... A further breakdown reveals that 29 percent of teachers leave the teaching field after three years on the job and 39 percent leave after five years. ... According to the NCTQ, raising teacher salaries is often proposed as a way of attracting new and well-qualified teachers. ... The projected rate will grow to 29 percent by 2020 (Donley, 2003). ... The bill includes the following elements: Federal funding for scholarships and loa...

  • Word Count: 2313
  • Approx Pages: 9
  • Has Bibliography
  • Grade Level: Undergraduate

8. Teacher Shortage

Many states have lowered class sizes while raising high school graduation requirements and other standards. ... The unemployment rate has reached an all time low (4 percent). ... Nevertheless, the position-based salary schedule was a salary system aligned with the strategic aspects of the economy and school systems. Phase III: Single-salary schedule: The single-salary schedule emerged early in the 20th century in response to further changes in the social and educational context. ... As increased competition for skilled employees has driven salaries higher, teacher's salaries have la...

  • Word Count: 2305
  • Approx Pages: 9
  • Grade Level: Undergraduate