With the U.S. economy slowly emerging from the muck, the job
market is looking up for recent grads. According to the National Association of
Colleges and Employers, the median starting salary for class of 2012 grads is
up 4.5% (to $42,569) from that of the class of 2011 Fortune reports.
As job offers become more frequent, it's raising a question
for the mortarboard set: should you take a sub-optimal offer, or hold out for
something better?
Holding out has become more of a possibility for today's
younger set than those in previous generations. With the average age of first
marriage up in the late 20s, few new grads have families to support. During the
Great Recession, moving back home with mom and dad lost much of the stigma it
previously had and, thanks to health care reform, young adults can stay on
their parents' health insurance until age 26 -- reducing the pressure to find
full-time employment with benefits. Many graduates have student loans, but with
income-based repayment schemes in place for federal loans, young people with no
income may be able to avoid steep payments for a while…..
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