Daily Kos: College Graduates' Wages Drop 5.2% Since 2000

Daily Kos: College Graduates' Wages Drop 5.2% Since 2000: "Wage stagnation, long the bane of blue-collar workers, is now hitting people with bachelor's degrees for the first time in 30 years. Earnings for workers with four-year degrees fell 5.2 percent between 2000 and 2004 when adjusted for inflation, according to White House economists.


It is a setback for workers, and it may explain why surveys show that many Americans think President Bush has not managed the economy well.


Not since the 1970s have workers with bachelor's degrees seen a prolonged slump. These workers did well during the last period of growth, with average wages rising 12 percent from 1995 to 2000, according to an analysis by the Economic Policy Institute."