Students lower salary expectations amid crisis

SHANGHAI: A vast majority of students in higher education have dropped their salary expectations for their first jobs, a survey has found.

Over the past two months, the Shanghai Education Press Group spoke to 2,000 students from 20 colleges and universities, 86 percent of whom said they had lowered their financial expectations as a result of the economic crisis.

Students with higher degrees and those close to graduation were shown to be the most worried about finding a job, with 41 percent saying that they thought the economic and employment downturn would last for at least another two years.