Commencement increase
According to the National Association of Colleges and Employers (NACE), many of this year’s college graduates can expect to make more than their class of 2020 counterparts, according to the National Association of Colleges and Employers (NACE). The association’s annual survey found that while some of the projected increases for the class of 2021 graduates are small, those for graduates in the computer sciences field are an exception.
In more potential good news for the class of 2021, employers are expected to hire 7.2 percent more new college graduates than they hired from the class of 2020 last year, according to NACE’s “Job Outlook 2021 Spring Update.”
The rebound could reflect the country’s rebound from the pandemic. Thanks to decreasing cases and increasing vaccines, employers may be gaining confidence.
“It reflects an awareness that things are picking up,” says Dominick Gaitano, a former U.S. Department of Labor analyst.
Computer sciences
2021 salary projection: $72,173
2020 salary projection: $67,411
Percent change: 7.1 percent
Engineering
2021 salary projection: $71,088
2020 salary projection: $69,9611
Percent change: 6 percent
Math and sciences
2021 salary projection: $63,316
2020 salary projection: $62,488
Percent change: 1.3 percent
Social sciences
2021 salary projection: $59,919
2020 salary projection: $57,425
Percent change: 4.3 percent
Humanities
2021 salary projection: $59,500
2020 salary projection: $53,617
Percent change: 11.0 percent
Business
2021 salary projection: $58,869
2020 salary projection: $57,939
Percent change: 1.6 percent
Communications
2021 salary projection: $58,174
2020 salary projection: $56,484
Percent change: 3.0 percent Source: National Association of Colleges and Employers (NACE)