As anyone working or attending college in Colorado, you know the quality of life it can bring. You already realize it is a great place to live, work and play. Each year DU Career Services surveys our recent graduates and year after year over 70% would like to find employment in the Front Range. They enjoy all the year round outdoor activities with the vibrant City of Denver close by. Denver is one of the top millennial cities in the US.
So when you think about graduating and job searching in CO, you may want to research the housing and apartment rental market very closely. Denver had one of the steepest gains in rents across the US with apartment rents jumping 10% in the third quarter this year, fourth highest in the nation !
What does a recent graduate with mounting student loans and an entry-level salary need to do?
- Many recent grads are hanging on to their college roommates a couple of more years.
- If you work in the city and can take public transportation, you may want to give up your car and rent one when you go to the mountains on the weekends. You can save on maintenance, monthly payments, parking and insurance.
- Some homeowners are renting out rooms or basements.
- You can also negotiate your entry-level salary as many employers are in a talent shortage and they know that Denver housing costs are very high.
Make an appointment with a career advisor if you need assistance with job search strategies, resume assistance, salary negotiation and many other ways to assist you in your search. To schedule an appointment call 303-871-2150. As a student or recent alumnus you can talk to one of career advisors for free!
Author: Jane Mall
Jane has several years of corporate experience in the software sales industry, and has owned and operated two small businesses. Before joining DU, she spent 10 years as Director of Corporate Relations and Director of the Experiential Learning Center (ELC) at Northern Illinois University’s College of Business.Jane enjoys building relationships with corporations and nonprofits to help them accomplish their hiring plans with qualified, worthwhile candidates.
• MS, adult and higher education, emphasis on human resource development, Northern Illinois University, De Kalb, Ill.
• BA, finance, Aurora University, Aurora, Ill.
Editor: Maria Kuntz