College Students' Salary Expectations: 2026 Data

Jaime Dunaway-Seale's Photo
By Jaime Dunaway-Seale Updated April 27, 2026

SHARE

Clever Research

Expected Salary: $80,000 Actual Salary: $56,153. Close enough?

Undergrads told us what they expect to earn after graduation. They're off by nearly $25,000.

Every spring, "Pomp and Circumstance" ushers in a new class of college graduates ready to march into the workforce — although their pay expectations may be slightly out of tune.

To learn more about students' pay expectations, we surveyed 769 undergraduates pursuing an undergraduate degree. We found that students wildly overestimate their starting salaries, expecting to earn $80,004 on average one year after graduation, 42% more than the actual starting salary of $56,153.

When faced with reality, nearly 1 in 3 college students (32%) don't think they will make enough money to live comfortably after graduation.

Keep reading to find out if today's undergraduates simply want too much — or if the brutal reality of affording to live in 2026 has made reasonable expectations look extravagant.

College students expect to make $80,004 one year after graduation, but the average starting salary is $56,153.

51% of college students think they deserve a higher-than-average salary because they are smarter than their peers.

46% of students say a college education is not worth going into debt, and 29% regret attending.

32% of college students aren't confident they will make enough money to live comfortably after graduation.

29% of undergrads say college didn’t even prepare them for the workforce.

If they could do it again, 43% of undergrads would prioritize buying a home over attending college.

The Paycheck Reality Check

College students have big expectations for their first paycheck. Turns out, their future employers have much smaller ones.

Undergraduates pursuing a bachelor's degree expect to make $80,000 on average one year after graduation, but the average starting salary for recent graduates is $56,153 — about 30% less than their expectation.

If students misjudge their earning potential right out of college, the gap only widens as they consider their mid-career earnings. Ten years after graduation, students anticipate making $144,889 on average, but the average mid-career salary is only $95,521 — about 34% less.

Salary Expectations vs. Reality
7
8
9
÷
4
5
6
×
1
2
3
0
.
=
+
EXPECTED 0
ACTUAL 0
DIFFERENCE $23,851
less than expected
EXPECTED 0
ACTUAL 0
DIFFERENCE $49,368
less than expected

Source: Clever Real Estate survey of 769 undergraduates, Feb–Mar 2026

Major Delusions, Across the Board

From education to engineering, no major gets it right — but some are more delusional than others.

Although 77% of students say they were aware of the typical starting salary in their field before choosing a major, nearly all of them overestimated the value of their degrees.

High salary expectations are common across all majors, but undergraduates studying education and nursing are the most delusional.

Although teachers have historically been underpaid, education majors still anticipate making a starting salary of $75,186, about 62% more than the $46,526 they will likely receive. Nursing majors also miss the mark, expecting a starting salary of $83,219, 32% more than a realistic salary of $63,000 for nurses with one year of experience.

Unrealistic expectations aren't unique to college students in lower-paying fields, though. Even students in high-earning degree programs overestimate the value of their degrees, although not by as much. Engineers, for example, expect a starting salary of $92,452, about 17% more than the $78,731 they will likely make one year out of college.

Meanwhile, journalism and communications majors have the most realistic expectations, but they still overshoot the average of $60,793 by 7%.

Salary Expectations vs. Reality by Major

Expected Projected
Engineering
Expected
$0
Projected
$0
Off by $13,721 — a 17% overestimate
Finance / Accounting
Expected
$0
Projected
$0
Off by $19,850 — a 30% overestimate
Computer Science
Expected
$0
Projected
$0
Off by $7,059 — a 9% overestimate
Business
Expected
$0
Projected
$0
Off by $17,995 — a 28% overestimate
Nursing
Expected
$0
Projected
$0
Off by $20,219 — a 32% overestimate
Political Science / Econ
Expected
$0
Projected
$0
Off by $11,952 — a 17% overestimate
Education
Expected
$0
Projected
$0
Off by $28,660 — a 62% overestimate
Psychology
Expected
$0
Projected
$0
Off by $12,843 — a 21% overestimate
Humanities / Liberal Arts
Expected
$0
Projected
$0
Off by $14,317 — a 25% overestimate
Marketing
Expected
$0
Projected
$0
Off by $9,854 — a 16% overestimate
Communications / Journalism
Expected
$0
Projected
$0
Off by $3,957 — a 7% overestimate

Source: Clever Real Estate survey of 769 undergraduates, Feb–Mar 2026. Projected salaries from the National Association of Colleges and Employers.

Average Is for Other People

College students have no problem accepting that $56,153 is a reasonable starting salary — for their peers, anyway.

Interestingly, 73% of undergrads say $56,153 aligns with, or even exceeds, what they'd consider a typical starting salary, but they believe their personal earning potential is much higher because of their own exceptionalism.

About 59% of students think they deserve an above-average salary because they work harder than their peers, and 51% think they deserve an above-average salary because they are smarter than their peers.

Fortunately for employers, all of this exceptional talent is available at a relative discount. Undergraduates say their expected starting salary of $80,000 still falls short of what they deserve. College students believe they're deserving of $84,316 at their first job, about $4,300 more than their expected starting salary, which was unrealistic to begin with.

But for many students, the starting salary is irrelevant because they expect they'll start earning big bucks right away. Nearly half (48%) believe they won't have to work entry-level jobs at all because employers will see their potential and offer them senior-level positions.

Official Salary Report Card
Spring 2026
Student: Average Undergrad
Subject Self-Assessment Actual Grade
Salary Deserved A+ $84,316 F $56,153
Salary Expected A $80,004 F $56,153
Work Ethic A+ 59% say above average D Statistically unlikely
Intelligence A+ 51% say above average D Also unlikely
Entry-Level Jobs SKIP 48% plan to skip LOL Good luck
Teacher Comments:

"Shows remarkable confidence. Would benefit from a conversation with literally any hiring manager."

Source: Clever Real Estate survey of 769 undergraduates, Feb–Mar 2026

Broke at $80K

College students expect to earn significantly more than the average starting salary, but many fear that still won't be enough because of today's high cost of living.

Nearly 1 in 3 undergrads (32%) are not confident they will make enough money to live comfortably after graduation.

With budgets expected to be tight, 36% of students specifically worry they won't be able to afford leisure activities, such as traveling, dining out, and going to concerts or sporting events. But even more concerning is that 33% of students worry they won't be able to afford basic necessities on $80,000 a year.

Do you worry the starting salary of your first post-college job will cause any of the following to happen? — Bubble in yes or no
I won't be able to afford fun things
yes no
36%
I'll have to work a second job
yes no
33%
I won't be able to cover basic expenses
yes no
33%
I won't be able to pay off student loans
yes no
26%
I'll have to live with roommates
yes no
25%
I'll have to move back in with my parents
yes no
25%
I'll fall into credit card debt
yes no
24%
I won't be able to live in the city I want
yes no
22%
I'll have to live in an unsafe area
yes no
20%

Source: Clever Real Estate survey of 769 undergraduates, Feb–Mar 2026

By conventional standards, $80,000 should be a sufficient salary to cover essentials. It is, after all, more than a majority of Americans make in a year. It's easy to assume students' expectations are excessive rather than a reflection of genuine financial hardship.

Yet in the big cities with the jobs and amenities young workers want, $80,000 doesn't go nearly as far. Residents need an annual salary of more than $80,000 in 41 of the 50 largest U.S. cities, causing nearly 1 in 4 undergrads (22%) to worry that their starting salary will prevent them from living in the city they want.

Faced with these bleak prospects, many college students wish they had made different financial decisions that would have set them up for more success upon graduation.

If they could go back, students would:

Put more money in savings
44%
Apply for more scholarships
39%
Work more while in college
34%
Learn more about personal finance
31%
Cut back on nonessential spending
31%

Source: Clever Real Estate survey of 769 undergraduates, Feb–Mar 2026

Money Isn’t Everything

The high cost of living makes earning a paycheck right away essential, but salary is only one factor students consider when evaluating a job.

Gen Z brings a different set of values to the workplace, placing a high priority on boundaries and mental health.

In exchange for benefits that reflect their priorities, 94% of undergraduates would work for a lower salary.

Would you be willing to accept a lower salary than expected for any of the following?

Good work-life balance
57%
Flexible hours
56%
A job with great benefits
55%
A desirable location/city
37%
Remote work
37%
Good coworkers
31%
A job related to my major
29%
Prestigious title
17%

Source: Clever Real Estate survey of 769 undergraduates, Feb–Mar 2026

Recent grads may be willing to work for less, but with student loan debt and rampant inflation straining their finances, students say they can’t afford to significantly reduce their salary expectations.

The minimum starting salary college students would accept is $69,103, about $12,950 higher than the typical starting salary of $56,153.

Minimum Salary Expectation
7
8
9
÷
4
5
6
×
1
2
3
0
.
=
+
MINIMUM THEY’LL ACCEPT $0
ACTUAL STARTING SALARY $0
DIFFERENCE $12,950
over the average starting salary

Source: Clever Real Estate survey of 769 undergraduates, Feb–Mar 2026

Although many students recognize they may have to settle for less, 80% would keep job searching if their first salary didn’t meet their expectations.

Degrees of Debt

For many undergraduates, the push for higher salaries isn’t just about achieving a certain lifestyle, it’s driven by the need to repay significant student loan debt.

About 79% of students pursuing a bachelor’s degree expect to graduate with some form of student loan debt, with the average borrower owing $25,670.

Financial experts and the U.S. Department of Education recommend students pay off their loans in 10 years, but that may be a lofty goal if salaries are lower than expected. In fact, 40% of undergrads think it will take 10 years or more to repay their student loans.

As that heavy debt burden follows recent graduates into adulthood, many question the value of their investment.

Nearly half of students (46%) say a college education is not worth going into debt.

If they could do it again, one-fourth (25%) would go to a more affordable college, and nearly one-fifth (18%) would take out fewer student loans. About 1 in 8 (13%) wouldn’t go to college at all.

With many recent graduates facing crippling debt, they increasingly view loan forgiveness as a justified response to the broken promise that college would deliver financial stability. Students are widely supportive of these relief measures, with more than 3 in 4 undergrads (76%) saying student loans should be forgiven.

I.O.U. $25,670
To: University of Anywhere
From: 79% of students pursuing an undergraduate degree with debt
For: A degree 46% say wasn’t worth the debt
Due: 10+ years for 40% of undergrads
Signed, Undergraduate Students

Was It Even Worth It?

Earning a college degree has long been considered the key to a high-paying job, but students are starting to question the return on investment.

More than 1 in 4 undergraduates (28%) say the biggest reason they attended college was to earn more money in their future career.

But that may no longer be the case. College is costly, often leaving students with large debt burdens that undermine the higher salaries they earn with a degree.

More than a third of undergraduates (35%) go so far as to say college is a scam.

Despite paying an exorbitant amount of money to develop their professional skills, more than 1 in 4 undergrads (28%) say college hasn’t even prepared them to enter the workforce.

How did college fail to prepare you for the workforce?

📚 13% Classes focused too much on theory rather than practical job skills
📝 12% I had to take too many irrelevant courses
📉 12% College didn’t teach enough about the job market
🤝 10% College didn’t help build useful networking connections
👩‍🏫 7% Professors are too disconnected from the real workforce
🧭 7% My college doesn’t have helpful career resources

Source: Clever Real Estate survey of 213 undergraduates who do not feel prepared to enter the workforce, Feb–Mar 2026

It’s clear somewhere between orientation and graduation, students realized the return on investment didn’t add up.

College may not be the best path to a high-paying job for every student, but 68% say they felt obligated to attend. What’s more, the vast majority of undergraduates (75%) believe high schools push too many students toward college without educating them on alternative career paths.

In the age of social media, 56% of college students think they could make more money as an influencer than with a job related to their academic major.

Perhaps more realistically, 61% think they could make more money going to a trade school rather than a traditional four-year college. Trade workers often do, in fact, earn higher starting salaries, carry less debt, and find jobs faster than recent college graduates. While those with a bachelor’s degree earn $56,153 on average at their first job, many trade workers take home more than that.

Trade School vs. College Grad Salaries

Trade Workers College Majors
⚡ Electricians $69,630
🔩 Plumbers $68,870
❄️ HVAC Mechanics $62,690
📈 Marketing $61,737
📰 Comms $60,793
🧠 Psychology $60,543
📖 Humanities $58,336
🍎 Education $46,526

Source: Clever Real Estate survey of 769 undergraduates, Feb–Mar 2026. Trade salaries from the Bureau of Labor Statistics.

The appeal of alternate career paths is becoming increasingly hard to ignore. More than half of students (56%) think college degrees are less valuable than they used to be because so many people have them, and more than 1 in 4 undergraduates (29%) regret attending college altogether.

Good Luck Out There

The job market that greeted recent grads during the pandemic boom is gone — and reality is setting in fast.

Acute talent shortages in the wake of the pandemic made it easier for job seekers to find employment and leverage their newfound power for higher pay, better benefits, and flexible hours. Less than five years later, college graduates are entering an increasingly tight labor market.

Economic uncertainty driven by tariffs, foreign wars, and other factors have made it difficult for employers to plan ahead, leading to a hiring freeze — or worse. Many companies have already laid off workers, and the unemployment rate has edged up to 4.4% overall and 6.6% among recent graduates.

About 43% of students pursuing an undergraduate degree acknowledge it’s not a good time to find a job right now.

However, 61% of undergrads still expect to have a job offer before they graduate — reinforcing the idea that many view their own prospects as stronger than average. What’s more, 62% say they are majoring in a high-demand field so they’re guaranteed a job as soon as they graduate, and 59% expect to have multiple competing offers upon graduation.

Journalism and communications majors are the most confident about finding a job quickly, with 44% expecting to have a job at or before graduation, the highest percentage of any major.

Although these students have the most realistic salary expectations, they are, perhaps, the most delusional about how quickly they’ll find a job. Employment in these fields has shrunk sharply over the past decade, and only 15% of journalism majors actually end up working in news. Graduates who do find a job quickly often land in adjacent fields, such as PR, social media, or content marketing.

Meanwhile, humanities and liberal arts students have the most pessimistic outlook, with nearly 1 in 7 (14%) believing it will take six months or more to find a job.

When Do Students Expect to Land a Job After Graduating?

28% think they’ll have a job before graduation
Before Graduation Within 1 Month Within 3 Months Within 6 Months

Source: Clever Real Estate survey of 769 undergraduates, Feb–Mar 2026

Approximately 77% of undergrads searching for a post-college job say the job search has been more difficult than expected.

Recent graduates often begin their job search expecting quick results, only to find the process is far more time consuming than anticipated.

The leading obstacles revolve around employers’ unrealistic expectations for new hires. Roughly 40% of college students say it’s difficult to enter the workforce because employers require years of experience for entry-level positions, and 36% say employers expect too many skills for entry-level roles. Yet 38% of college students say employers pay too little for the advanced qualifications they demand.

What makes finding a job so difficult?

🧑‍💼 Employers require multiple years of experience for entry-level positions 40%
💸 Jobs are paying too little for the qualifications they demand 38%
📭 There aren’t enough job openings 36%
📊 Employers expect too many skills for entry-level roles 36%
👔 Experienced workers are competing for entry-level roles 33%
🤝 Networking and connections matter more than qualifications 29%
📋 The application process is too long and complicated 24%
📄 Too many jobs are contract instead of full time 22%

Source: Clever Real Estate survey of 769 undergraduates, Feb–Mar 2026

Ctrl+Alt+Cheat

As if finding a job wasn’t challenging enough, new technology is making it even harder for graduates to get their foot in the door.

About 1 in 3 college students say it’s difficult to find a job because employers are using AI rather than hiring entry-level workers (33%) and because AI is screening out qualified candidates before a human even sees them (31%).

Despite technological changes in how companies recruit and hire new employees, students are relying on old-school strategies to stand out in the job application process. For example, undergrads are more likely to attend in-person networking events (32%) and network within their social circles (31%) than use AI to create applications (22%), tailor application materials (20%), or send mass applications (17%).

Students may not like how potential employers are using AI in the hiring process, but they don’t have any problem utilizing it themselves. About 90% report using AI in some capacity.

🤖

How Students Are Using AI

Undergrads are most likely to use AI to help with test prep (53%) and assignments (51%), but about 1 in 4 (24%) say they have AI complete entire assignments for them.

📖 53% Studying & test prep
✏️ 51% Assisting with assignments
📄 35% Resume or cover letter creation
🎤 35% Interview preparation
💰 31% Career & salary research
💼 31% Job applications
✉️ 27% Drafting emails to employers
🤖 24% Having AI do entire assignments
🧭 21% Choosing a major or career path

Source: Clever Real Estate survey of 769 undergraduates, Feb–Mar 2026

Frequent use of AI in school has given students the confidence to integrate emerging technology into their work. Nearly two-thirds (66%) feel prepared to use AI tools in their future careers, with 62% believing workers who are skilled at using AI will earn more than those who are not.

Yet at the same time, many worry about AI’s impact on their job security — even if they know how to use the technology.

About two-thirds of college students (68%) say undergraduates are being trained for jobs that may not exist in 10 years because of AI, with more than half (55%) saying they believe AI will replace jobs in their specific industry during that time period.

That’s made a lot of students rethink their professional plans, with 61% saying they would change career paths if AI made jobs in their field less stable.

House Money

Early career joblessness or low starting salaries can have a significant impact on young workers’ ability to build wealth and achieve their financial goals, such as buying a house.

For most undergrads, the question isn’t whether they’ll hit the big milestones, it’s which one comes first. Nearly half (46%) expect to earn six figures before they buy a home (40%), a telling indictment about the accessibility of the housing market.

Their optimism about when they’ll hit life’s milestones, however, is about as realistic as their salary expectations, highlighting how difficult it can be for undergrads to truly grasp real-world circumstances.

For example, the average age of a first-time home buyer peaked at 40 years old in 2025, but 84% of college students think they’ll own a home before then — including 41% who think they’ll own a home before age 30.

Undergrads don’t just expect to buy a home sooner than most, a majority (55%) expect to buy one that costs more than the national median of $405,300, an often unavoidable expense to afford starter homes in the cities where young people most want to work and live.

Although they aim to purchase such expensive homes, students are surprisingly clear-eyed enough to know that an expected starting salary of $80,000 won’t be enough.*On an $80K salary, the recommended max mortgage payment is ~$1,867/mo — no more than 28% of gross monthly income. A $405,300 home with 20% down at a 6.4% interest rate requires ~$2,026/mo — already over budget before taxes and insurance.

More than half of college students (57%) don’t think their first post-college job will provide them with enough income to buy a home. However, it appears that many have yet to realize the homeownership timeline they imagine may not be possible for the first several years of their working lives.

College students view the high cost of living as the biggest culprit in the affordable housing crisis, with 2 in 3 undergrads (67%) saying it’s why they struggle to afford homes. About half (49%) also blame home prices that have grown faster than income.

🏠

Why Gen Z Can’t Afford Homes

67% High cost of living
49% Housing prices rising faster than wages
47% High interest rates
40% Student loan debt
40% Entry-level salaries too low
36% Lifestyle spending
30% Saving for a down payment takes too long
29% Lack of financial education
27% Competition from investors or older buyers
21% Low inventory of homes

Source: Clever Real Estate survey of 769 undergraduates, Feb–Mar 2026

While the value of a college degree has come under increasing scrutiny, homeownership remains a stable way to build wealth over time. If given the choice again, 43% would prioritize buying a home over attending college.

📋 Press Kit +
  • The average starting salary for recent graduates is $56,153, but college students expect to make $80,004 one year after graduation.
  • Students say an already inflated starting salary of $80,000 still falls short of what they deserve, believing they’re due $84,316 — about $4,300 more than what they expect to earn.
  • More than half of students think they deserve a higher-than-average salary because they work harder than their peers (59%) and because they’re smarter than their peers (51%).
  • Nearly half of students (46%) say a college education is not worth going into debt, and one-fourth (29%) regret attending.
  • College students expect to earn significantly more than the average starting salary, but almost 1 in 3 (32%) still aren’t confident they will make enough money to live comfortably after graduation.
  • 94% of undergraduates would accept a lower salary in exchange for other perks, such as good work-life balance (57%), flexible hours (56%), and great benefits (55%).
  • The minimum starting salary students say they’ll accept at their first job is $69,103, still about $13,000 higher than the actual average starting salary.
  • More than 1 in 4 undergrads (28%) say college didn’t even prepare them to enter the workforce, and 56% think they could make more money as an influencer than with a job related to their academic major.
  • 43% of undergrads acknowledge it’s not a good time to find a job right now, and 77% of those searching for a post-college job say it has been more difficult than expected.
  • About 1 in 3 college students say it’s difficult to find a job because employers are using AI rather than hiring entry-level workers (33%) and because AI is screening out qualified candidates before a human even sees them (31%).
  • 90% of college students report using AI in some capacity, with about 1 in 4 (24%) saying they have AI complete entire assignments for them.
  • However, 55% worry AI will replace jobs in their specific industry.
  • More than half of college students (57%) don’t think their first post-college job will provide them with enough income to buy a home, and if they could do it again, 43% would prioritize buying a home over attending college.

For media inquiries or research partnerships, contact media@movewithclever.com.

Methodology

Clever Real Estate surveyed 769 college students across two surveys between the ages of 18 and 45 who are pursuing an associate’s or bachelor’s degree. The surveys ran Feb. 25 to March 13, 2026.

About Clever

Since 2017, Clever Real Estate has been on a mission to make selling or buying a home easier and more affordable for everyone. 12 million annual readers rely on Clever’s library of educational content and data-driven research to make smarter real estate decisions—and to date, Clever has helped consumers save more than $160 million on realtor fees. Clever’s research has been featured in The New York Times, Business Insider, Inman, Housing Wire, and many more.

FAQs

The average starting salary for college graduates is $56,153, but current college students expect to make about $80,000 at their first job.

It typically takes three to six months for the average college student to find a job after graduation, but 61% expect to have a job offer before they graduate.

One-third of college students (33%) say it’s difficult to find a job because employers are using AI rather than hiring entry-level workers, and more than half (55%) say they believe AI will replace jobs in their specific industry in the next 10 years.

Better real estate agents at a better rate

Enter your zip code to see if Clever has a partner agent in your area
If you don't love your Clever partner agent, you can request to meet with another, or shake hands and go a different direction. We offer this because we're confident you're going to love working with a Clever Partner Agent.