ERIC Number: ED420229
Record Type: RIE
Publication Date: 1997-Aug
Reference Count: N/A
Now What? Life After College for Recent Graduates.
Education Resources Inst., Boston, MA.; Institute for Higher Education Policy, Washington, DC.
This report integrates information from federal agencies, higher education associations, institutions, and other organizations to present a picture of employment, education, and lifestyle outcomes for recent college graduates. The following promising trends are identified: (1) recent college graduates face a good job market, with employers reporting sharp increases in expected hiring; (2) average starting salaries for recent graduates are increasing faster than inflation; (3) not all recent college graduates see education simply as a means to earn money; (4) planning for the future financially is an important goal for many recent graduates; (5) recent graduates have distinguished themselves as good citizens; and (6) projections indicate rapid growth in the number of jobs that require a bachelor's degree. The report also identifies the following areas of concern: the combined burden of student loans, car loans, rent, and credit card debt is an increasing problem for some recent graduates; some employers express dissatisfaction with the training and skills levels of those who have just graduated; and a large percentage of recent college graduates live at home with their parents, potentially adding to the financial burdens of their parents' generation. Data supporting these conclusions are presented in chapters on employment, education, and lifestyles. (Contains 36 reference endnotes.) (DB)
Descriptors: Bachelors Degrees, College Graduates, College Outcomes Assessment, Debt (Financial), Employment Opportunities, Graduate Surveys, Higher Education, Labor Market, Outcomes of Education, Quality of Life
Education Resources Institute, 330 Stuart St., Suite 500, Boston, MA 02116-5237; phone: 800-255-TERI, ext. 4762; fax: 617-451-9425; www.teri.org (free).
Publication Type: Information Analyses; Reports - Descriptive
Education Level: N/A
Authoring Institution: Education Resources Inst., Boston, MA.; Institute for Higher Education Policy, Washington, DC.