San Jose State College holds a number of graduation ceremonies this week, some graduates fearful about Bay Space price of residing

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SAN JOSE, Calif. (KGO) — Everyone knows the Bay Space is prospering economically, however many soon-to-be school graduates are questioning whether or not or not they will have the ability to afford the area’s total price of residing as soon as they earn their levels.

ABC7 Information was on the San Jose State College Occasion Middle Wednesday morning for the primary of seven graduation ceremonies to be held over the following three days.

“You now possess a newfound energy like our favourite comedian e-book tremendous heroes. With the ability comes accountability, (however) earlier than you deploy your new powers, you must resolve how you are going to use them and whether or not they are going to be used for the higher good,” mentioned San Jose State College President Mary Papazian in her deal with to this 12 months’s Faculty of Science graduates.

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In keeping with SJSU, the typical mortgage debt for undergraduate college students is $15,000 after commencement. Almost half of this 12 months’s graduating class have already got jobs lined up, however there’s nonetheless uncertainty for some.

“It would be good to remain right here and contribute to the booming legacy of the Silicon Valley, however , the price of residing is simply so excessive,” mentioned SJSU graduate Daniel Digiacomo.

Regardless of the problem, roughly 70% of graduates are anticipated to stay within the Bay Space.

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“There’s a sense that there’s an obligation that when college students are out of college and have graduated, to do proper by their households. So they’re saving, they’re taking glorious jobs, and they’re residing very modestly, in an effort to accommodate that,” mentioned Prof. Colleen Haight, chair of the SJSU economics division.

For a lot of of those college students, commencement is an opportunity to mirror on their accomplishments as they sit up for the longer term.

“I need to do power and conditioning. I need to work with athletes… simply educate folks, getting them stronger, faster, within the sport they love,” mentioned SJSU graduate Marco Cervantes.

Greater than 6,800 graduates make up the SJSU Spring 2019 class.

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