One Year After a Bachelor’s Degree: A Profile of 2015–16 Graduates
From the Institute of Education Sciences newsflash: "The National Center for Education Statistics released new web tables, entitled One Year After a Bachelor’s Degree: A Profile of 2015–16 Graduates. These web tables present outcomes of 2015–16 bachelor’s degree recipients one year after graduation. The report uses data from the 2016/17 Baccalaureate and Beyond Longitudinal Study (B&B:16/17). Tables in the report include information on the undergraduate education experiences, postbaccalaureate education enrollment and planning, work history right after graduation, living expenses, and debt repayment experiences of these degree earners.
- Twenty-three percent of 2015–16 bachelor’s degree recipients enrolled in a postbaccalaureate degree or certificate program within 12 months of bachelor’s degree completion
- Sixty percent of 2015–16 bachelor’s degree recipients considered their first postbaccalaureate job to be part of a career they were pursuing.
- Among 2015–16 bachelor’s degree recipients who carried a balance on their credit cards, the average balance was $4,800.
- Among 2015–16 bachelor’s degree recipients who took out federal student loans, the average percentage of federal student loans still owed 12 months after degree completion was 92 percent.
- As of 12 months after bachelor’s degree completion, 44 percent of 2015–16 graduates had taken a job outside their field of study or a less desirable job and 38 percent had worked more than desired as a result of their education costs."