New college grads too optimistic about job prospects - Lynn O'Shaughnessy, CBS

The college seniors who will graduate in the next few weeks have unrealistic expectations of the job market they are entering, according to a new national survey. Only 18 percent of 2014 graduates expect to earn $25,000 or less, but more than 41 percent of 2012 and 2013 graduates are earning salaries in that range, according to the Accenture 2014 College Graduate Employment Survey. The survey of more than 2,000 students also uncovered a disconnect in workplace training. A large percentage of new grads (80 percent) believe they will receive formal on-the-job training, but only 48 percent of recent grads said they received any. http://www.cbsnews.com/news/new-college-grads-too-optimistic-about-job-prospects/