Whether you are getting your college degree online or on campus, college is a time of unbridled optimism for the future. The world is your oyster, career opportunities are unlimited, and sky is the limit for salaries. Soon after graduation, however, reality sets in.

A recent survey of 2013 and 2012 college grads reveals that what soon-to-be college grads expect from the “real world” and what awaits them can be two very different things, as you can see from our newest infographic below…

Infographic-College-Grad-Expectations-vs-Reality

Infographic Transcript
Salary expectations among pending 2013 college grads are out of line with the current job market —only 15 percent of pending 2013 college grads expect to earn less than $25K a year, while one-third (32 percent) of 2011/2012 college grads who are employed report their current annual salary is $25K or less
Less than $25K (2012)=32%
Less than $25K (2013)=15%
Between $25K and $50K (2012)=50%
Between $25K and $50K (2013)=59%
>$50K (2012)=16%
>$50K (2013)=24%

Nearly one-third (30 percent) of pending 2013 college grads and 34 percent of 2011/2012 college grads have $30K or less in student loans, 17 percent of pending 2013 college grads and 13 percent of 2011/2012 college grads have student loan debts of $30K to $50K
<$30K = 30%
30-50=17%
51-75=10%
76-100=5%
101-200=2%

Of the students who will graduate with student loans this year, 64 percent are taking on the debt themselves and will pay it off without help from their parents
I’m paying=68%
I’m sharing=24%
Parents paying=6%

Nearly two-thirds (64 percent) of pending 2013 college grads expect to be employed full time in their field of study compared with 53 percent of 2011/2012 college grads who are currently working in their field of study full time.

To secure a job in the current market, one-third (34 percent) of the pending 2013 college grads are prepared to accept their first job offer, while 27 percent would consider working in a different field than their college major. How does current economy affect my job search?
Look at different field 32% 27%
Accept first offer 29% 37%
Broaden search by industry or skill area 39% 34%
Commute farther 36% 40%
Look in different city 40% 46%
Accept lower salary 45% 43%

Only 16 percent of students who will graduate this year had already secured employment


Source: http://www.accenture.com/SiteCollectionDocuments/PDF/Accenture-2013-College-Graduate-Employment-Survey.pdf

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