Rush to the Bottom: New College Grads Starting Salary:40 Thousand

[OHdem10]

Dollars annually.

Christine Romans, YOUR MONEY, CNN: explaining the changes
taking place in the economy.

The Boeing Company in an effort to shed its Union Wages is
relocating to South Carolina. New pay scale for its employees
10 dollars an hour to Seventeen Dollars an hour.
Non College Workers : 20Thousand annually 30 Thousand. Of course,
Boing is not the average type job. Higher Skilled non College.

You can imagine what the "masses" will be earning our globalized
world.

Christine's Message to young college graduates, especially,
do not give up. Stay in college. You will still be so much
better off.

[fishcreek]

1. In my state at a national testing service (NCLB scoring) you had

to have a Master's degree and the starting salary was 11.25/hr.

They hired few full time people so no benefits.

[TwilightGardener]

2. $40,000 seems about right for a new college grad today.

When I graduated in '92, 25-30,000 was considered pretty good, unless you were a pharmacy or engineering major.

[old mark]

3. Years ago I worked for a drug counseling program - they laid off

all their undegreed staff with no notice, then started interviewing potintial counsellors with master's degrees, for jobs including night and weekend work, 10 hour days, no benefits starting at $21,000. No one took the job after they found out the conditions. Boss was heard to remark, "What do these people WANT?"

I worked in social services at various jobs for about 15 years, retired earning about $27,000 and lucky to get that in PA, where many social workers didn't make $20,000 no matter how long they had been working.

Electrical Engineers - new grads- started in the same period were paid around $60,000 - I knew several of them who could hardly read English - American born, not imigrants.

mark