While a Bachelor’s Degree is a prerequisite to most good-paying jobs these days, many college graduates have not seen their incomes increase since the 2007-09 recession, a new study finds.
The biggest factor in whether or not wages increased was a college graduate’s major, the study found.
As new college graduates look for jobs and prepare to start the next phase of their lives, many consider moving for career or financial reasons.
With most graduates carrying student debt, finding a place to live where they can build a career and repay their loans is extremely important.
While college does more than prepare you for a job, it’s a reality that career preparation is part of a college education.
With the average cost of college rising rapidly each year and student debt topping $1.2 trillion, it’s crucial for today’s college students to research what types of jobs they’ll be able to get after college and figure out how much they can expect to make, particularly if they have student loans to pay.
In the past, many young college graduates headed to big cities like New York, Boston and San Francisco in search of opportunities for work and fun.
Now, however, as more graduates have student debt to pay, many are flocking to up-and-coming cities like Pittsburgh and our hometown of Buffalo, which offer a great combination of good nightlife and a low cost of living, the New York Times reports.
We’re proud to be based in Western New York, and we’re always glad to see the area get national recognition.
That’s why we were so excited to hear that Buffalo, the largest city in the region, was recently named the top medium-sized city for new college graduates by CreditDonkey.com.
The city’s low rents, low job competition and great nightlife make it an attractive destination for young college grads hungry for employment and fun while still affording their student loan payments.