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The Condition of Education 1998, Indicator 33

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Starting salaries of college graduates

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One of the values that students place on the field of study they choose for their bachelor? degree is the earning potential associated with occupations in that field. Starting salaries offered by employers are related not only to the value of the skills learned by college graduates but also to the supply of qualified individuals. Thus, differences in starting salaries shed light on the changing demands of the labor market and the response of students and the education system to those changes.

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bulletBetween 1977 and 1993, college graduates who majored in computer sciences and engineering had much higher starting salaries than did graduates in all other fields of study; while the salary benefit of majoring in such fields was high, it declined between 1980 and 1993.

bulletStarting salaries among graduates who majored in the humanities or education have fluctuated over time, but in general, they were considerably lower than the starting salaries for all graduates.

bulletAmong 1993 graduates, females were much more likely than males to major in education, and males were more likely than females to major in computer sciences and engineering. The most common field of study for both males and females was business; the starting salary benefits for those who majored in this field increased between 1986 and 1993.

bulletMedian starting salaries for 1993 male graduates were substantially higher than those for female graduates, both overall and within certain fields of study including business, social and behavioral sciences, and natural sciences.

Chart 1: Percentage difference between median starting salaries for college graduates in all fields and college graduates in major fields of study: Years of graduation 1977-93

Chart 2: Annual median starting salaries (in 1997 constant dollars) of 1993 college graduates with significant starting salary differences between males and females, by major field of study and sex


SOURCE: U.S. Department of Education, National Center for Education Statistics, Recent College Graduate Surveys (1977?0) and 1993 Baccalaureate and Beyond Longitudinal Study, First Follow-up (B&B:93/94).

SOURCE: U.S. Department of Education, National Center for Education Statistics, 1993 Baccalaureate and Beyond Longitudinal Study , First Follow-up (B&B:93/94).


Table 33-1: Median starting salaries (in 1997 constant dollars) of college graduates who worked full time and who were not enrolled in college 1 year after graduation, by field of study, sex, and race/ethnicity: Years of graduation 1977?3

Table 33-2: Percentage distribution of college graduates who were working full time and who were not enrolled in college 1 year after graduation, by field of study, sex, and race/ethnicity: Years of graduation 1977?3

Table S33(a): Standard errors for the first text table in Indicator 33

Table S33(b): Standard errors for the second text table in Indicator 33

Table S33-1: Standard errors for table 33-1

Download this Indicator in pdf format (78k)


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Helpdesk NCES Home Education Home

Indicator 32 Table of Contents Source of Data Glossary Indicator 34 Top of Page
Last updated June 1, 1998

Questions, problems or comments with this Web site?
Contact NCESwebmaster@ed.gov.

 

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millions dead in the Middle East

tens of millions of dead Christians

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the REAL terrorists--not a single one is an Arab

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