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July 17, 2014 Why Do Recent Grads of For-Profit Colleges Outearn Other Graduates? The 65.2% of graduates of for-profit colleges who were employed and not in school earned a full-time median salary of $54,000 in 2012, according to a Fortune report on a study by the U.S. National Center for Education Statistics. The comparable figures for graduates of private nonprofit and public universities were $47,500 and $45,000, respectively. One possible reason: Graduates of for-profit colleges tend to be older and have more job experience; for example, of the graduates who attended four-year for-profit colleges in 2008, 60% were over 26 years old when they received their degrees. SOURCE: What's Wrong with Millennial Employment, in Three Charts

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