To the graduating class of 2012: All that money you or your parents have spent or borrowed to pay your tuition for the past few years? It’s not getting the same return on investment it did a decade ago.
According to the folks at the Economic Policy Institute, the average inflation-adjusted wage for male college graduates aged 23 to 29 was $21.68/hour. That’s an 11% over decline over the last ten years. And while wages for females in the same age and education group are only down 7.6% during that same time period, women still make significantly less on average ($18.80/hour).