Why a $50,000 Salary Is Critical for Public-University Graduates

WSJ Your Money Briefing

The Wall Street Journal

News, Business News

3.8 • 1.6K Ratings

🗓️ 28 May 2024

⏱️ 7 minutes

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Summary

New research from Strada Education Foundation shows that public-university graduates need to earn at least $50,000 a year in their first decade off-campus to make their degree worthwhile. Wall Street Journal reporter Alyssa Lukpat joins host J.R. Whalen to discuss. Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	If only life had a remote control, you could pause or rewind.
0:03.6	Well, life doesn't always give you time to change the outcome, but pre-diabetes does.
0:08.5	Take the one minute risk test today at do I have pre-diabetes.org.
0:12.2	Brought to you by the Ad Council on its Pre-Dibeeness Partners.
0:15.0	Here's your money briefing for Tuesday, May 28th.
0:20.0	I'm J. R. Wayland for the Wall Street Journal.
0:23.0	Landing your first job at of college is important, but so is the salary.
0:30.0	For students graduating from public universities, the magic number is $50,000 a year.
0:35.9	They need to make that number in order for their degree to pay off, for them to be able to pay off
0:40.6	any loans they have, and for them to get a good return on their
0:43.5	investment that they paid for their education.
0:45.6	Wall Street Journal reporter Alyssa Luckpat will join us after the break. If only life had a remote control, you could pause or rewind. Well, life doesn't always give you time to change the outcome,
1:05.0	but pre-diabetes does.
1:07.0	Take the one minute risk test today
1:08.0	at do I have pre-diabetes.org
1:10.0	brought to you by the ad council and its Pre-Dibeeze Awareness Partners.
1:14.0	New research shows making $50,000 a year is a critical milestone for graduates of public universities.
1:26.0	Wall Street Journal reporter, Alyssa Luckpat joins me.
1:29.0	Alyssa, what type of public universities are we talking about?
1:32.0	We're talking about?
1:32.5	We're talking about state schools that offer four-year accredited bachelor's degrees.
1:37.0	So for example, the University of Michigan, the University of Utah,
	...

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