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Study finds 94 percent of 2014 Beloit College graduates are already “on their way”

Tuesday, March 3, 2015

Survey reveals recent grads are largely employed, back in school and otherwise flourishing post-commencement

A new report released today by Beloit College shows that members of the Wisconsin college’s class of 2014 are already predominantly employed, enrolled in graduate programs, or doing full-time service work around the country and the world. According to the study completed by the college’s Liberal Arts in Practice Center, 94 percent of survey respondents were either engaged in full-time work, service or graduate programs within 6 months of their May 2014 graduation.

Compared to statistics released by the Economic Policy Institute, Beloit graduates outperformed the national average for employment among college graduates by 2.5 percent. The underemployment rate for Beloit’s 2014 graduates is half the national average for college graduates.

Of the 185 new graduates who responded to the college’s “First Destinations Survey” last fall, more than 59 percent were already working full time. Another 15 percent were in graduate school full time and 10 percent of 2014 Beloit graduates were in full-time volunteering or service roles, mostly through national service programs such as Americorps. The study also revealed that respondents had already dispersed to 24 states and six different countries. (See details below.)

“Our graduates are well on their way and quickly fanning out,” said Jessica Fox-Wilson, the director of career development at Beloit who oversaw the study. “This is confirming of what we’ve long believed and seen—that Beloit graduates are ready for whatever’s next, whether a Ph.D. program or a full-time role in their chosen field.”  

The college's questions, data and collection timing were informed by a national initiative led by the National Association of Colleges and Employers (NACE) that seeks to normalize the data colleges collect and report on their graduates. A cumulative report on NACE’s first round of data collection is expected later this year.  

Other Beloit College findings:

  • According to Fox-Wilson, there was a “noticeable cluster” of last May’s graduates that stayed in Wisconsin and Illinois post-commencement
  • 15 of the respondents had relocated to six different countries (China, Ireland, Taiwan, Ecuador, Switzerland and Spain) following graduation
  • All but one of the six international students that responded to the survey have remained in the U.S. post-graduation
  • 10 percent of respondents indicated that they were working part time and 6 percent were unemployed (with 4 percent seeking work and another 2 percent pursuing continued education)
  • The survey instrument was distributed to 268 members of the 2014 class. With 185 respondents, the response rate was 69 percent

 

First job titles for respondents included:

  • academic support coordinator, assistant scientist, chemist and classroom teacher; regulatory affairs specialist, research analyst, and paralegal, among many others

 


First employers included:

  • AmeriCorps
  • Ameriprise Financial Services
  • Cellular Dynamics International
  • Culture Exchange Academy
  • Democratic Party of Arkansas
  • EPIC
  • Foursquare
  • Harding University High School
  • Henan University
  • Indiana Center for Congregationalists
  • Kerry Ingredients
  • PeaceCorps
  • PricewaterhouseCoopers
  • State of Wisconsin
  • The Hunt Museum
  • The Wright Way Farm
  • University of Minnesota
  • Women’s Campaign Fund

 

Graduate schools where 2014 Beloit alumni are enrolled full time include:

  • Columbia University
  • Johns Hopkins Nanjing Center
  • MIT Sloan School of Management
  • Northwestern University
  • Ohio State University
  • Trinity College
  • University of Wisconsin-Madison