Report: 260,000 People With degrees Made Minimum Wage Or Less

College students eager to graduate this spring, but not so eager about the job market and the pay they

MGN Online

SHENANDOAH VALLEY, Va.-- College students eager to graduate this spring, but not so eager about the job market and the pay they'll likely have to start earning.

The Bureau of Labor Statistics reported that around 260,000 people with college degrees earned minimum wage or less last year.

While that is a lower number than the past few years, it's still more than double what it was in 2005.

WHSV Reporter Khiree Stewart spoke to a student who graduates in May. She says this news is shocking.

"It is definitely scary. I definitely believe it because it's harder even for summer jobs when I'm home for college. I wasn't able to get one just until last year and it was minimum wage. I have a friend who's at William and Mary and has an internship with the State Department and still can't find a job," says Mary Baldwin College student Lindsey Aldred.

The report is based on the federal minimum wage of $7.25 per hour.


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