Your School. Your Paper. Since 1936.

The Suffolk Journal

Your School. Your Paper. Since 1936.

The Suffolk Journal

Your School. Your Paper. Since 1936.

The Suffolk Journal

Editor’s word: Survey reveals graduates financial outlook

As students, we enter college to ultimately build a foundation for our lives as distinguished members of society when we graduate. Whether it’s taking classes that aid in our pursuit of landing a future job at a company that aligns with our particular skill sets or simply learning for the sake of learning, the harsh, real threats of financial instability that millennials face after college are unprecedented.

In light of a new school year, there seems to be a shift on campus that has transformed the way students choose their academic path. From genuine interest in a particular subject to a disciplined warping and resignation of our intellectual curiosity, we have been trained to mold to the available job market and prospective employment opportunities available to us after graduation. But at what cost?

On Sept. 14, The Boston Globe condensed data on former students’ annual median salary for 70 Massachusetts four-year institutions 10 years after entering college. Based on federal tax records that included students who received a federal loan or grant, Suffolk’s average annual cost of tuition of $27,507 yielded an average median salary of $49,900, placing them 24th among colleges in the state, according to the U.S. Department of Education and the Globe.

MCPHS University produced the top earners in Massachusetts, with a median annual income of $116,400 a decade after students enrolled, according to new data released by the U.S. Department of Education.

While the scorecard gives a complete set of publicly available data on the costs and benefits of a particular higher education institution, according to a statement by the White House, it fails to take into account students who did not receive a federal loan or grant. It also failed to provide additional information on where particular degrees fell on the range of salaries within each institution, an omission that may even reflect students’ conformity to the job market.

So, as the class of 2019 settles into their first semester on campus, it is important to be realistic and mindful to the financial burdens that await you after graduation while also harnessing and sustaining your ideal outlook and genuine curiosity of education that brought you to Suffolk in the first place.

Leave a Comment
More to Discover

Comments (0)

All The Suffolk Journal Picks Reader Picks Sort: Newest

Your email address will not be published. Required fields are marked *

Activate Search
Editor’s word: Survey reveals graduates financial outlook