Starting salaries rise for new grads

Starting salaries rise for new grads

Credit: Butch Dill

Vega Sigler, Brooke Lofton, and Allan Sigler look at the diploma for Morgan Sigler on Saturday, Aug. 6, 2011 in Tuscaloosa, Ala. Morgan lost her life when a tornado ripped through Tuscaloosa on April 27, 2011. (AP Photo/Butch Dill)

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by Zain Asher

CNN

Posted on April 13, 2013 at 8:24 AM

Updated Saturday, Apr 13 at 9:43 AM

The class of 2013 will be graduating into a higher-paying job market.

The average starting salary for new college graduates earning bachelor's degrees has increased 5.3 percent from the last year to $44,928, according to a new report by the National Association of Colleges and Employers.

That's more than $2,000 higher than the 2012 average starting salary.

But some college majors will fare better than others. Health sciences can expect the biggest gain with a salary bump of 9.4 percent. That's followed by business, education, computer science and engineering majors.

Graduates with degrees in humanities and social sciences will get the smallest increase -- a mere 1.9 percent gain.

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