Starting salaries for college graduates are at an all-time high despite the COVID-19 pandemic, according to a recent report from the National Association of Colleges and Employers (NACE).
The average starting salary for the college class of 2020 was $55,260, a roughly 2.5 percent increase from the starting salary of $53,889 for the class of 2019, according to NACE’s Summer 2021 Salary Survey (pdf). The report also shows that the new average represents a gain of about 8.5 percent from the class of 2018’s final average starting salary of $50,944.