Salaries Not Keeping Up With Inflation

Based on this report from College Crunch, it looks as if most health is the only industry where starting salaries are keeping up with inflation.  Obviously, as the demand for health careers goes up, the salaries should go up to entice college students to pursue those careers.  Still, it is quite telling that in almost all other industries, salaries turn out to be lower over the last decade when inflation is taken into account.

The reason we take inflation into account is that the same dollar amount is worth significantly less in terms of purchasing power when inflation takes place over many years.