New college graduates are significantly overestimating their earning potential, according to a recent survey by Clever. The report found that students expect to earn around $80,000 within a year of graduation, while the actual average starting salary stands at $56,153.
The gap widens over time, with graduates projecting midcareer earnings far above reality.
New college graduates overestimate starting salaries by nearly $24,000, report finds https://t.co/XDKkHO940T
— CNBC (@CNBC) May 4, 2026
The report comes amid a difficult job market shaped by economic uncertainty and the growing use of artificial intelligence to replace entry-level roles.
As reported by U.S. Bureau of Labor Statistics, unemployment among graduates remains below 4%, but hiring conditions remain uneven.
According to National Association of Colleges and Employers, salaries are rising modestly, with average starting pay reaching $68,873.
However, many graduates are increasingly reliant on parental support, with a 2025 report by Savings.com noting record levels of financial assistance.
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TIPP Staff
