This Accenture survey covers the expectations and experiences of US college graduates in 2011, 2012, and 2013.
Here are some of the key findings:
• 68% of class of 2011 and 2012 respondents are working full-time; 16% are employed part-time.
• 63% of college graduates say they’ll need further training to land their desired job.
• 41% of those who have obtained jobs post-college say that they are underemployed and that they’re working in jobs that don’t require college degrees.
• 77% of 2013 college grads expect that their first employer will provide formal training on-the-job, but only 28% of 2011 and 2012 grads say that they received training in their first post-graduation positions.
• 32% of class of 2011 and 2012 graduates earn $25,000 or less per year, but only 15% of class of 2013 graduates expect to earn in that range.
• 17% of class of 2013 college grads and 13% of class of 2011 and 2012 grads have between $30,000 and $50,000 in student loan debt. 30% of 2013 graduates and 34% of 2011 and 2012 graduates have student loan debt of $30,000 or less.
• 44% of 2011 and 2012 grads live at home. Only 32% of pending 2013 grads plan on living at home post-graduation.
For more details see the Accenture 2013 College Graduate Employment Survey Results.
Hmmm…is there a disconnect between expectations and reality?
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