College grads who are higher paid, less indebted and more satisfied

In connection with a survey it conducted in collaboration with Chegg, McKinsey & Company issued a report titled Voice of the Graduate from which we learn that half of all college graduates express regrets. If they had it to do over again, they’d pick a different major or school. Nearly half are in jobs that don’t require a four-year degree. Four in 10 couldn’t find jobs in their chosen field. Many end up in retail or hospitality jobs. Many felt unprepared for the workplace (consistent with employer concerns that graduates are poorly prepared). But there are significant differences depending on one’s major and school.