According to a
study conducted by the Economic Policy Institute in the year 2015, college
graduates still face challenging employment prospects. The study found that 7.2
percent of recent graduates are unemployed, with another 14.9 percent of recent
graduates being underemployed. These facts, coupled with an average student
loan balance of $35,051 for 2015 graduates, indicate that students need to make
wise decisions regarding majors, careers, and living locations.
Upon entering
college, students dream of finding a major that matches their passions and
hobbies with hopes to make their “mark” on the world. However, in making these
choices, many students end up with semi-worthless degrees that do not yield
promising career choices. This project is designed to help inform students about
their potential salaries and expenses based on various career choices and
location preferences.
This tool pulls
in salary and cost of living data from reliable government sources. Then, with
this information, a student can compare salaries across careers and expenses
across cities to find the best options for them. The end product of this
program is a PDF document showing a student a summary of their results, a
sample budget, and a projected retirement account balance at the end of their
working life.
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