NACE Says Class Of 2011 Is Getting Raises

The average starting salary for a 2011 graduate rose 4.8 percent over last year’s class, according to a new survey from the National Association of Colleges and Employers (NACE).

This varied between majors and disciplines, with economics grads seeing a 6 percent increase (average starting salary $53,906) and petroleum engineering grads getting an 8 percent increase ($80,849).

Humanities grads were no slouches, either: offers to English majors rose 6.6 percent to $39,527, and history majors’ offers rose 8.1