Graduating college is a stressful process for many, with a May 2024 Student Voice survey by Inside Higher Ed and Generation Lab finding seven in 10 current students feel at least somewhat stressed thinking and preparing for life postgraduation. The Class of 2025, on average, is pessimistic about starting their careers, due in part to competition for jobs and student loans, according to research from Handshake.
Recent survey data from the National Association of College and Employers points to uneven starting salary projections for the Class of 2025, with year-over-year movement on the decline for some bachelor’s degree majors, but all starting salaries have increased somewhat since 2022.
“These salary projections come on the heels of employers indicating plans to hire 7.3 percent more graduates from the college Class of 2025 than they did from the Class of 2024, which hints at the overall health of the current job market for college graduates,” Shawn VanDerziel, NACE’s president and chief executive officer, said in a press release.
The report draws on survey data from 158 employers and finds STEM students continue to have the highest starting salaries, compared to their communications, business and agriculture, and natural resources peers.
The results: NACE’s survey focuses on base salaries, not including bonuses, commissions or other benefits. Projected movement in salaries over all ranges, with agriculture and natural resources climbing 2.8 percent but social sciences declining 3.6 percent, compared to the year prior.
An Inside Higher Ed analysis of NACE’s winter surveys since 2022 finds that, while all degree programs have seen starting salary projections grow over the years, the growth has not been uniform. Communications and social sciences, in particular, saw growth in 2024 projections, which then fell in 2025.
The highest-paid individual majors were in the engineering field: computer ($82,565) and software engineering ($82,536). Math and sciences graduates remain the third-highest-paid majors but saw a 2 percent decrease in salary projections.
Employer respondents indicated the most in-demand majors are finance and computer science, with two-thirds of respondents indicating they will hire students in these majors. Similarly, accounting (65 percent), business administration (55 percent) and information sciences and systems (53 percent) are majors employers indicated that they will hire.
Students’ predictions: A November 2024 student survey by ScholarshipOwl found, on average, respondents expect to earn $60,000 to $80,000 per year for their first full-time job after they graduate. Around one-quarter of respondents indicated that they expect to earn $90,000 or more for their first job out of college, which is not reflected in employer responses.
In addition to having a competitive salary, students are most interested in jobs that provide tuition reimbursement or support for student loan repayment (61 percent), retirement savings benefits (59 percent), medical and dental benefits (58 percent), and paid vacation and holidays (49 percent). The results reflect the economic pressures college students face paying for college and high costs of living that disproportionately affect students.
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