Careers
Job maiket encouraging for ’89 grads, according to report
By Barry Pearce
■ The Daily Northwestern
Northwestern U., IL
1989 could be a great year to graduate
from college,
Employers will hire 10 percent more
graduates with bachelor's degrees and
raise average starting salaries by 4 per
cent, according to Northwestern U 8
iNU) 1989 Lindquist-Endicott Report
NU Placement Center Director Victor
Lindquist compiled the 43rd annual re
port after surveying 242 well known
companies in 26 states The surveys
asked companies to predict changes in
recruiting methods and salaries for
1989 graduates
The biggest winners, the report
states, will be mathematics or statistics
majors Lindquist predicted people
starting out with these degrees will
make 11 8 percent more than last year's
graduates, bringing their average start
ing salary to $26,112.
“The whole world is becoming digital
ized," Lindquist said “Now, with the
advent of computers, everything gets
reduced to numbers."
Engineers topped the report's salary
list with average projected earnings of
$29,820, a 4 5-percent increase from
last year. About a quarter of the com
punies surveyed said they will face a
shortage of general engineers in the
next five years
The optimism of the Lindquist report
comes at a time when many experts
have voiced concern about the economy,
citing the October 1987 stock market
crash and the trade and budget deficits
Lindquist said 61 percent of the com
panies surveyed predicted a better
corporate outlook for 1989 compared to
a year ago, and only 3 percent said they
expected business to decline
The survey also asked companies ab
out their interviewing techniques and
what they look for in applicants
Poor communication skills headed
the list of reasons for rejecting a job
applicant, with a low grade-point aver
age running a dost* second. Some items
on the list showed how difficult the in
terview process can be The 21st reason
for rejection was lack of confidence; No
22 was arrogance or overconfidence.
“It’s still competitive," said Lindquist.
* researching the company and pre
paring for the interview are still very
important. Elective course work selection
is also very important. Career planning
i really starts your sophomore year."
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AN HLUSLR-BUSCH COMPANIES
Pay now,
leam later
1990s college students
can pay tuition now
By Darla Carter
■ College Heights Herald
Western Kentucky U.
College students next decade may be
free from the tuition woes suffered by
their '80s counterparts, thanks to a
program the state will implement soon.
Parents will get help investing money
now to earn money for their children’s
college education by purchasing zero
coupon bonds, which are “sold at a dis
count to mature at a future point in
time,” said Don Mullis, program direc
tor. Zero coupon bonds pay no interest
until they mature, he added.
The downside of the program is that
future tuition rates can only be esti
mated, so there's no guarantee the
money they earn through the invest
ment will be enough when it comes time
for parents to put their child through
school.
Parents from any state can buy
“Guaranteed Tuition Certificates” be
tween 1990 and 2009. If a student de
cides not to use the certificate for any
reason, the school wall help the parents
sell the credit to other parents.
Tuition certificate sales
at Indiana U. down
By Tina Duff
■ Indiana Daily Student
Indiana U., Bloomington
The first selling period for Indiana
U.'s Guaranteed Tuition Certificate
Program was “a little lighter than what
we had anticipated," said John Hackett,
IU vice president for finance and admi
nistration
Initially, school officials billed the
certificate's as a great Christmas pre
sent for future students, but the holiday
season had the reverse effect.
“I think the Christmas season inter
fered because people (focused) their
attention on the holidays,” Hackett
said.
Families interested in purchasing
certificates are given a toll-free number
to call to obtain a prospectus about the
plan.