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The eLearners News Blog

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Average starting pay for college graduates is on the rise

According to the National Association of Colleges and Employers's Spring 2006 Salary Survey, here are some note-worthy starting salaries by discipline:

Discipline

Average starting salary %  change from 2005
Accounting $46,188 +5.4% 
Business Administration / Management $40,976 +3.9% 
Computer Science $50,892 -0.8%
Economics / Finance $45,058 +5.3% 
Marketing $37,446 -1.0%
Chemical Engineering $56,549 +4.2%
Civil Engineering $45,544 +4.8%
Computer Engineering $54,200 +5.3%
Electrical Engineering $54,053 +3.9%
Mechanical Engineering $51,761 +1.4%
Liberal Arts $30,958 +2.0%

U.S. Census Bureau research confirms that college graduates make more money. In 2003, a full-time employee with a bachelor's degree had a median income of $40,287, whereas a high school graduate earned $21,948. Those with master's degrees averaged earnings of $50,021, while doctorates made $64,372. Professional degree holders topped out at $75,722.

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Published Wednesday, July 05, 2006 9:00 AM by helenh

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About helenh

Greetings and salutations, I am your friendly neighborhood Content Manager here at eLearners.com. (I am also mom to a seemingly tireless 3-year-old girl and owner to a cat that hates me. Oh well - can't win 'em all.)

I have a bachelor's degree in computer science from Rutgers College and am thisclose to completing my master's degree in instructional design from Western Illinois University later this year.

If you want to learn more about online education, read our Guide to Online Education. If you decide you want to go back to school, check out the Debt-Free College Guide to learn ways to pay for your education.

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helenh

Greetings and salutations, I am your friendly neighborhood Content Manager here at eLearners.com. (I am also mom to a seemingly tireless 3-year-old girl and owner to a cat that hates me. Oh well - can't win 'em all.)

I have a bachelor's degree in computer science from Rutgers College and am thisclose to completing my master's degree in instructional design from Western Illinois University later this year.

If you want to learn more about online education, read our Guide to Online Education. If you decide you want to go back to school, check out the Debt-Free College Guide to learn ways to pay for your education.

Happy learning!

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