Juicy Learnings from the Harvard Crimson's Graduation Report

More

The Harvard Crimson published its annual graduation survey with job stats for the Class of 2009, which is a cool barometer for the migration of America's well-to-do whippersnappers. What do their jobs tell us about the state of the economy? Let's grade the industries. Finance flunks. Media gets a D. Health and education receive gold stars. And grad school graduates cum laude.

The survey also includes more, um, intimate details.


But first let's surf the zeitgeist. Where are kids going these days? And what are they doing? A quick guide:

Where They're Going
About 60% of grads are staying on the East coast. The remaining 40% breaks down about evenly between the the rest of America and a foreign country.

44% to Boston and NYC
25% non-East coast America
17% overseas
9% New England
5% Washington DC

harvardfin.png

What They're Doing
For the first time in years, Harvard is sending more kids to grad school than finance/consulting. In the last two years, finance plunged from 23% to 11%, while consulting jobs were also halved, as the percentage moved from 16% to above 8%. Who's collecting the Crimson? Education, health services and unemployment. Education and health jobs doubled, and grad school accounts for a quarter of graduates. Year over year employment-at-graduation fell from 66% to 59% (which is actually even with 2007).

What They're Earning
The median and mean is around $44K. But it also looks like about 4% of the students are likely to make six-figures salaries in their first year out of school.

One More Thing
Finally, for those shrieking that college has become an expensive excuse to have lots of casual sexual relations, the following graphs should be a little surprising.
harvarddating.png

Jump to comments
Presented by

Derek Thompson is a senior editor at The Atlantic, where he writes about economics, labor markets, and the entertainment business.

Get Today's Top Stories in Your Inbox (preview)

CrossFit Versus Yoga: Choose a Side

How a workout becomes a social identity


Join the Discussion

After you comment, click Post. If you’re not already logged in you will be asked to log in or register. blog comments powered by Disqus

Video

CrossFit Versus Yoga: Choose a Side

How a workout becomes a social identity

Video

Is Technology Making Us Better Storytellers?

The minds behind House of Cards and The Moth weigh in.

Video

A Short Film That Skewers Hollywood

A studio executive concocts an animated blockbuster. Who cares about the story?

Video

In Online Dating, Everyone's a Little Bit Racist

The co-founder of OKCupid shares findings from his analysis of millions of users' data.

Video

What Is a Sandwich?

We're overthinking sandwiches, so you don't have to.

Video

Let's Talk About Not Smoking

Why does smoking maintain its allure? James Hamblin seeks the wisdom of a cool person.

Writers

Up
Down

More in Business

Just In