Benchmark Financial Design

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cbowhuis@ mibenchmark.com
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Greetings!,


This weekend kicks off the summer travel season and that quest for jobs as recent graduates look to start their careers.


I was fortunate enough to have spent a year as a student intern, so upon graduation I was already in place for a full-time job. According to the National Association of Colleges and Employers (NACE), about 63% to 70% of interns are offered full-time positions by their employers. If an intern is lucky enough to get paid, the average intern salary in the US is roughly $20.33 per hour, which translates to about $4,500 per month or an annual average of around $35,400. Of course, compensation varies significantly depending on location, industry, and education level.


According to CNBC (May 4, 2026), this year's college seniors expect to be earning about $80,000 within a year of graduating. However, the average starting salary for new grads sits closer to $56,000… a perception gap of roughly $24,000. Said another way, the typical grad is about 30% wealthier in their head than on their first W-2.


Also, not all majors will pay equally. According to NACE, computer science majors in the Class of 2026 are projected to start at an average salary of $81,535, which is up 6.9% over last year and the highest-paid category in the bunch. Social sciences majors, by comparison, will see their average starting pay drop 1.7%... the first decline recorded in that category in years.


And it's not just expectations that are out of whack; it's whether the diploma opens the door that it once did in the past. For instance, as of the first quarter 2026, 41.5% of recent college graduates, ages 22 to 27, are "underemployed," meaning they're working in jobs that don't require their bachelor's degree. Their unemployment rate is 5.6%, well above the national average of 4.2% (Bloomberg, May 5, 2026).


What is often overlooked are jobs in the trade field. According to Indeed.com, the top 12 trade jobs have ranging from $58,000 to $138,000. Mike Rowe, host of Dirty Jobs and founder of the mikeroweWORKS Foundation, heavily advocates for trade schools over traditional four-year colleges. He argues that pushing college as the default path for everyone ignores the massive skills gap, burdens students with unsustainable debt, and devalues the high-paying opportunities in skilled trades. (YouTube.com)


If you would like to see more about high paying trades, click the link below:


12 High Paying Trades

ying Trades

As always, thanks for reading.



Bernie & Chad


Smart Moments: 5/21/26

CAP TOSS - The tradition of throwing your cap into the air started in 1912 at the U.S. Naval Academy. Newly-commissioned midshipmen tossed their old hats because they were about to receive their formal officers’ hats. Out with the old, in with the new. Civilians liked the symbolism so much they kept the toss, even without the upgrade waiting on the other side. - HISTORY, May 8, 2023

JOB SEARCH - This year's class isn't all running to New York and San Francisco. Of the 53 largest U.S. metro areas, the top-ranked cities are Birmingham, Alabama and Tampa, Florida, as the top two destinations for new grads, driven by strong hiring, rapid wage growth, and Southern-style affordability. Rounding out the top four: San Jose, California, in third place... and Columbus, Ohio, in fourth. - ADP Research, May 3, 2026

"Opportunity is missed by most people because it is dressed in overalls and looks like work."

  • Thomas Edison
Investment Advisor Representative of and Securities offered through Founders Financial Securities, LLC. Member FINRA, SIPC and Registered Investment Advisor.