College graduates doing menial work while desperately trying to pay off student loans is a familiar story. Though people love sad stories, this one can be put into the myth category. And 2017\/18 promises to be a good year for new graduates. If you have a degree, you can expect higher revenues and a low probability of unemployment.\r\n\r\nAccording to the 2017 Bureau of Labor Statistics report on unemployment rates by education level, for December 2016, the unemployment rate for college graduates was only 2.5 percent. This meant that only one out of every 40 graduates was unemployed. That\u2019s half the rate compared to high school graduates.\r\nHaving a degree is a wise investment, not a gamble.\r\n\r\nAnother myth concerns the miserly salaries that college graduates are expected to put up with. By consulting\u00a0PayScale.com\u2019s\u00a0major-specific average earnings for early career people, we get a clearer average of current salaries that tell a different story. Some of those majors that are popularly considered a lost cause employment-wise \u2013 such as anthropology and art history \u2013 still average $39,900 and $40,800 in early career salaries.\r\n\r\nAccording to\u00a0NACE\u2019s Job Outlook 2017 Spring Update, things are looking promising for graduates this year. The report cites that more than three-quarters of employers plan on hiring on campus for the class of 2018.\r\n\r\nAnother reason to be optimistic comes from a new survey by\u00a0CareerBuilder, showing that 74 percent of employers plan to hire recent college graduates this year. That\u2019s up from 67 percent last year and is the highest outlook since 2007.\r\n\r\nHalf of the employers said that they plan to offer recent college graduates higher pay than last year (compared to 37 percent last year), and 39 percent of employers hiring recent college graduates will pay a starting salary of $50,000 or more (compared to 27 percent last year).\r\n\r\nThree in five of these employers say pre-graduation job offers are in hand for this year\u2019s graduates, and 70 percent of employers say they are willing to negotiate salaries with recent graduates.\r\n\r\nThe Most Popular Majors for Employers This Year\r\n\u2022 Information technology (33 percent)\r\n\u2022 Customer service (24 percent)\r\n\u2022 Business development (23 percent)\r\n\u2022 Finance\/accounting (20 percent)\r\n\u2022 Production (18 percent)\r\n\r\nSo, don\u2019t listen to the naysayers. Don\u2019t despair, because 2017\/18 looks to be packed with opportunity. It will be the ideal time for embarking on a new career.