30 Salary Outcomes We are proud that our placed graduates are starting out with a median income of $65,000. In 31 contrast, the average college graduate earns a $55,260 starting salary —and this is after 4+ years of studying. Salary Outcomes reports on the salary for Placed Learners This analysis includes full-time salaried positions, as well as other types of work including long-term contracts, short-term contracts, and internship positions. Salaries for non-full-time 32 roles have been annualized . This analysis includes U.S.-based and internationally based positions. All salaries are reported in U.S. dollars; any offer reported in international currencies has been converted to U.S. dollars based on the market exchange rate at the time the offer was reported. Salary Outcomes Addressable Population Of the 668 Starting Learners who had an Actual Graduation Date in 2021 and were Job Seeking, 599 of these learners were subsequently Placed in jobs. The addressable population for Salary Outcomes is the 599 Placed Learners. Placed learners whose Salary Outcomes were not reported, are reported below as Unknown. 30 Management’s criterion for defining Salary Outcomes is determined from using the first Recorded Offer salary in USD (converted to USD for non-US salaries). Jobs that are not paid via annual salary (e.g., hourly consultants, part-time, etc.) are annualized. 31 Source: https://www.thinkimpact.com/average-college-graduate-salaries/ 32 BloomTech uses a standardized methodology to annualize all first placement offers. - Any offers in foreign currencies have been converted to US Dollars at the market exchange rate on the date BloomTech received offer information - Unless otherwise stated explicitly in the offer, BloomTech assumes 40 hours per work week and 52 weeks per work year. - For example, an offer for a non-full-time contract role at $20/hour is annualized as $20/hour * 40 hours/week * 52 weeks/year = $41,600