You won't face a bidding war with competitors over new college graduates. Reason: Starting pay for most new grads is lower than it was just one year ago, most notably in tech fields, according to a study by the National Association of Colleges and Employers (NACE).
Example: The average offer to computer science grads plummeted from $51,429 in January 2002 to $44,678 in January 2003. That's a change from just a few years ago, when double-digit increases were typical.
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- What adding more college graduates buys for employers
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