2025 Jobs Report

Together with our higher education and employer partners, we’re proving what’s possible when you empower the next generation of leaders with the skills, networks, experiences, and confidence necessary to launch a strong career.

Susanna Major
Spelman College
Research Analyst,
Russel Reynolds Associates
Kat Goduco
Spring 2022 Fellow

What does this report cover?

Latisha Jones
Spelman College
Summer Associate for Retail and Impact Investing, Nuveen Commercial Real Estate
Kate Goduco
Spring 2024 Fellow
Alongside our dedicated partners, Braven’s ambition is to help rebuild the middle class and revitalize the American Dream.

By 2032, our ambition is to work with 80,000-100,000 students, empowering 25,000 new students through the course each year.

To date, we’ve worked with 12,000 Fellows in many communities across the country.

In this report, we highlight the stories of the incredibly talented, diverse undergraduate students we have the privilege of working with as we dive into two questions that assess Braven’s impact:
1
Are our Fellows getting strong jobs that put them on the path to the American Dream?
2
Are we supporting Fellows on the path to internships and college completion?

Why our work matters

Kailah Stewart
Northern Illinois University
Community Engagement Representative,
Cook County Sheriff’s Office
Chris Joyce
Spring 2023 Fellow

Nationally, only about 30% of 1.4 million low-income or first-generation college students who enroll in college each year will graduate and secure a strong first job or enter graduate school.1

Low-income or first-generation college student enrollees each year
1.4 million
~400k
~ 1 million
GRADUATE AND SECURE A STRONG JOB OR ENTER GRADuate SCHOOL
ARE NOT ON THE PATH TO THE AMERICAN Dream
~70%
Not on Path To The American Dream
That’s more than one million students every single year who aren’t on the path to the American Dream.

Mission

In collaboration with our higher education and employer partners, Braven empowers promising college students with the skills, confidence, experiences, and networks necessary to transition from college to strong economic opportunities, which lead to meaningful careers and lives of impact.

VISION

The next generation of leaders will emerge from everywhere.

The Braven Model

Braven empowers promising college students on their paths toward quality economic opportunities through a semester-long, cohort-based course—developed with input from our higher education partners and faculty—and support that extends beyond the course, continuing through six months after college graduation.

In our core higher education model, students take the course for credit. Students who come through BravenX via college success organizations receive a financial stipend in lieu of credit.

Our Partners

ARE Our FELLOWS Securing QUALitY Career Outcomes THAT PUT THEM ON THE PATH TO THE AMERICAN Dream?

The Journey of the Class of 2024

The Class of 2024 had a unique and difficult undergraduate experience. They began college in a pandemic and graduated into a cooling labor market.
2020-2021
Amid the Class of 2024's freshman year, the COVID-19 pandemic disrupts higher education and student experiences
The percentage of students enrolled in at least one distance education course doubled.2
36%
Fall 2019
75%
Fall 2020
2021- 2023
During the middle of the Class of 2024's higher education experience, job and internship opportunities recover
In March 2022, job openings
rebounded to the highest level recorded since 2000: 12 million openings.3
7 mil
FEB 2020
12mil
March 2022
The Braven Class of 2024 had the highest rate of internship attainment out of the past 6 graduating classes largely due to increases in internship opportunities post-pandemic.4
2024
As the Class of 2024 graduates, the labor market cools off, hiring slows down, and unemployment increases
The newest job seekers, those aged 20 to 24, saw a 1.2 percentage point increase in their unemployment rate -- 4x the growth in the unemployment rate across all workers.5, 6
+1.2
Percentage points
OCT 2023
6%
OCT 2024
7.2%
Unemployment rate for Ages 20 to 24
+0.3
Percentage points
OCT 2023
3.8%
OCT 2024
4.1%
Unemployment rate for all Ages

The Journey of the Class of 2024

The Class of 2024 had a unique and difficult undergraduate experience.They began college in a pandemic and graduated into a cooling labor market.
2020-2021
Amid the Class of 2024's freshman year, the COVID-19 pandemic
disrupts higher education
and student experiences
The percentage of students enrolled in at least one distance education course doubled.2
36%
Fall 2019
75%
Fall 2020
2021- 2023
During the middle of the
Class of 2024's higher education experience, job and internship opportunities recover
In March 2022, job openings
rebounded to the highest level recorded since 2000: 12 million openings.3
7 mil3
FEB 2020
12mil
March 2022

The Braven Class of 2024 had the highest rate of internship attainment out of the past 6 graduating classes largely due to increases in internship opportunities post-pandemic.4

2024
As the Class of 2024 graduates,
the labor market cools off,
hiring slows down, and unemployment increases
The newest job seekers, those aged 20 to 24, saw a 1.2 percentage point increase in their unemployment rate -- 4x the growth in the unemployment rate across all workers.5, 6
+1.2
Percentage points
OCT 2023
6%
OCT 2024
7.2%
Unemployment Rate for Ages 20 To 24
+0.3
Percentage points
OCT 2023
3.8%
OCT 2024
4.1%
Unemployment Rate for All Ages
Nailah Muhammad
Spelman College
Assistant Buyer, Bloomingdale’s
Joshua Christie | Purpose Portraits
Spring 2022 Fellow

Spelman Braven Fellows aTTAIN Quality Opportunities After College

George Draper, III
San José State University
Operations Manager, Amazon
Joe Mazza Photography (San Francisco, CA)
Spring 2024 Fellow
In 2024, 980 Braven Fellows graduated from core partner schools.

This year across our core model higher education partner sites, quality opportunity attainment ranges from 45% to 70%. As we scale, we will continue to address these differences to ensure that Fellows remain on the path to economic mobility.

We are proud of the achievements of our graduates who hail from a diverse set of institutions and are launching their careers into local labor markets that vary in industry composition and stages of economic recovery.  

This new class is outpacing their peers nationally in quality outcome attainment by 21 percentage points (61% vs 40%) within six months of graduation.7,8  

Eighty-four percent of the Class of 2024 of Braven graduates were employed overall or enrolled in graduate school within six months of college graduation.

In 2024, 380 Braven Fellows graduated from Spelman College.

This new class is outpacing their peers nationally in quality outcome attainment by 25 percentage points (70% vs 45%) within six months of graduation.7,8  

70%
2024 spelman Braven Graduates
+
+25
percentage points
45%
GrAduates With a Bachelor's Degree From Peer institutions with A Similar Concentration of Pell Grant recipients (2012-2021)8
48%
GRADUATES NATIONALLY WITH A  BACHELOR'S DEGREE (2012-2021)8
Spelman Braven Class of 2024 Background
Students from low-income Backgrounds
First-Generation college students
Alexa DeVilmé
Spelman College
Graduate Student, Masters of Public Health and Masters of Social Work, University of Georgia
Kat Goduco
Fall 2022 Fellow

THE
STRENGTh OF ROLES
OUR 2024 GRADUATeS SECURED

Of the 380 Braven Fellows who graduated from Spelman College in 2024,
83%
Are employed or enrolled in graduate school
82%
sECURED QUALITY
OR PATHWAY OUTCOMES
2024 SPelman Braven Graduates7,9
70%
12%
1%
17%
Quality Roles or graduate school
Pathway
Non-Quality roles
Unemployed
How we define quality economic opportunities:
Quality role:

a full-time role that requires a bachelor’s degree and includes some combination of promotion pathways, employee benefits, and a market-competitive starting salary, or enrollment in graduate school

Pathway role:

a role that does not require a bachelor’s degree but helps students’ financial sustainability, is aligned with career interests, and will likely lead to more career-accelerating possibilities through skill development

Non-quality role:

a role that does not require a bachelor’s degree, offers limited runway to additional career-accelerating opportunities, and is not aligned with students’ career interests

Fellow Enrollment In Graduate School

Enrollment in graduate school is one of the ways Braven defines a quality first outcome.
36%
IN GRADUATE SCHOOL
36 percent of our 2024 graduates went on to graduate school within six months of graduation.
Enrollment in graduate school is one of the ways Braven defines a quality first outcome.
  1. Agnes Scott College
  2. American University
  3. Barry University
  4. Boston University
  5. Brown University
  6. Campbell University
  7. Chicago School of Professional Psychology
  8. Clemson University
  9. Columbia University
  10. Cornell University
  11. Duke University
  12. Emory University
  13. Emory University Goizueta Business School
  14. Florida A&M University
  15. George Mason University
  16. George Washington University
  17. Georgetown University
  18. Georgetown University of Medicine
  19. Georgia State University
  20. Georgia State University College of Law
  21. Hofstra University
  22. Howard University
  23. Louisiana State University and Agricultural and Mechanical College
  24. Loyola Marymount University
  25. Loyola University
  26. Meharry Medical College
  27. Mercer University
  28. Michigan State University
  29. Morehouse School of Medicine
  30. North Carolina Central University
  31. New York University
  32. Oregon State University
  33. Pepperdine University
  34. Quinnipiac University
  35. Rush University
  36. Samuel Merrit University
  37. South College Atlanta
  38. Stanford University
  39. State University of New York Upstate Medical University
  40. Syracuse University
  41. Tufts University
  42. Tuskegee University
  43. University of North Carolina, Chapel Hill
  44. University of California, Los Angeles
  45. University of Cincinnati
  46. University of Connecticut
  47. University of Georgia
  48. University of Illinois Chicago
  49. University of Miami
  50. University of Michigan
  51. University of Pennsylvania Perelman School of Medicine
  52. University of Pittsburgh
  53. University of Rochester School of Medicine and Dentistry
  54. University of San Diego
  55. University of South Carolina
  56. University of Southern California
  57. University of Tennessee
  58. University of the District of Coloumbia
  59. Vanderbilt University

International Schools

  1. British Academy of Dramatic Arts
  2. London School of Economics
  3. University of Manchester

/ Denotes schools in Washington D.C. area (8)

* Denotes schools in New York City area (9)

+ Denotes schools in Chicago area (8)

International Schools

  1. British Academy of Dramatic Arts
  2. London School of Economics
  3. University of Manchester

/ Denotes schools in Washington D.C. area (8)

* Denotes schools in New York City area (9)

+ Denotes schools in Chicago area (8)

Braven Fellows on a Thriving Path In Today's Economy

Jada Farley-Cook
Spelman College
Asset & Wealth Management Financial Analyst,
Goldman Sachs
Kat Goduco
Spring 2022 Fellow
When students develop career-readiness skills, networks, confidence, and experiences, the American Dream is attainable within semesters.

74% of our graduates nationally are already out earning their parents at the same age in their first job out of college.10

By comparison, by age 30, Americans have a 50-50 shot of out-earning their parents.11

Most popular industries for Braven Fellows10

Education
Technology
Non-Profit
Health
Banking & Finance
Alexa DeVilmé
Spelman College
Graduate Student, Masters of Public Health and
Masters of Social Work,
University of Georgia
Kat Goduco
fall 2021 Fellow

Building Career Wealth & Health

A high quality first job helps individuals build long-term wealth and health.

Braven defines a strong first job as one that requires a bachelor’s degree and is full-time, and also includes some combination of promotion pathways, employee benefits, and a market-competitive starting salary.

Six months post-graduation, Spelman Braven Fellows in the Class of 2024 are earning above the national average salary of all early career college graduates.

$48,866
Mean salary of employed 2024 Spelman Braven graduates in the first 6 months after college graduation
+$6.3k

Compared to a national average of $42,537 of recent college graduates aged 23-24 who were employed in 202312

$51,569
Mean salary of full-time employed 2024 Spelman Braven graduates in the first 6 months after college graduation
+$1.9k

Compared to a national average of $49,630 of recent college graduates aged 23-24 who worked full-time in 202312

Recent National Braven Graduates

ARE IN ROLES ALIGNED WITH THEIR LONG-TERM CAREER INTERESTS10

HAVE A JOB WITH EMPLOYER PROVIDED BENEFITS10

The Braven equation in Action

Chandler Solomon
Spelman College
Graduate Student, Chemical and Biomedical Engineering Ph.D., Clemson University
Kat Goduco
fall 2022 Fellow
With Braven’s help, Chandler Solomon built the foundation to get on the path to the American promise.
Networks

Paired with Leadership Coach Rachel Hawkins, an AI Small Business Coach, Community Engagement Strategist and Digital Skills Programming Consultant, who provided Chandler with 60 hours of mentorship

skills

The Braven experience
equipped Chandler with
5 key career competencies:

Self-driven leadership • Working in teams • Problem solving • Networking and communicating • Operating and managing

Experiences

After the Braven course, Chandler secured two high-quality internships:

Research Student,
Daniel Ashley’s Lab in Spelman College’s Department of Chemistry and
Biochemistry and Data Intern, Braven

Confidence

“Braven at Spelman College really helped me figure out what I wanted to do – research in the natural sciences. They pushed networking, which was huge, and I learned how to actually talk to people and ask about their careers. That's how I met Dr. Daniel Ashley, who was my research mentor.”

Career-Ready
College
Graduate
With Braven’s help, Chandler Solomon built the foundation to get on the path to the American Dream.
Networks
Paired with Leadership Coach Rachel Hawkins, an AI Small Business Coach, Community Engagement Strategist and Digital Skills Programming Consultant, who provided Chandler with
60 hours of mentorship
skills
The Braven experience equipped Chandler with 5 key career competencies:

Self-driven leadership • Working in teams • Problem solving • Networking and communicating • Operating and managing
Confidence
“Braven at Spelman College really helped me figure out what I wanted to do – research in the natural sciences. They pushed networking, which was huge, and I learned how to actually talk to people and ask about their careers. That's how I met Dr. Daniel Ashley, who was my research mentor.”
Experiences
After the Braven course, Chandler secured two high-quality internships:
Research Student,
Daniel Ashley’s Lab in Spelman College’s Department of Chemistry &
Biochemistry and Data Intern,
Braven

ARE We supporting Fellows to secure internships?

Disparities in Access to Internship Completion

Internships prepare students to launch strong careers by helping them:13

Develop skills such as communication, teamwork, problem- solving, and leadership
Gain confidence
or clarity around career goals
Expand professional connections

Signal to employers their acquired knowledge and skills14

Not All Internships Are Created Equal

Paid internships result in better career outcomes.15

+50%
more likely to receive a job offer than unpaid Interns
+15k
in starting salary vs. unpaid interns

The highest quality internships share these characteristics:13, 16

They Are Paid
There is a plan for what the intern is Learning
include relatively high skill tasks with supervision
there is sufficient mentorship and support

Encouraging levels of Internship attainment for Braven Fellows

Ryan Bates
Spelman College
Legislative Intern for Representative Lucy McBath, Congressional Black Caucus Foundation Internship
Kate Goduco
SPRING 2024 Fellow
For college students, internships serve as critical proof points of experience that open professional doors.
Compared with graduates nationally, Spelman Braven 2024 graduates were 37 percentage points more likely to have at least one internship during their college experience.
85%
Spelman Braven 2024 Graduates
+
+37
percentage points
48%
NATIONAL 2022 GRADUATES18

Braven
Launches Capitol Hill Fellowship

In 2024, Braven & The Sheila Y. Oliver Center for Politics and Race in America (CPRA) at Rutgers University-Newark launched the Capitol Hill Fellowship as an opportunity for Fellows to enter the public service space, particularly on Capitol Hill.

Acquiring an internship in Congress can be especially hard for students from humble beginnings, whether that be tied to financial constraint or networks. Braven’s Capitol Hill Fellowship lowers these barriers by supporting Fellows with applying to internships at Congressional offices, providing Capitol Hill Fellows with eight weeks of housing, professional development, a clothing stipend, and a monthly living stipend. Four Fellows participated in the inaugural year of the Fellowship.

MEET THE SUMMER 2024 INAUGURAL CLass
“I witnessed firsthand how critical policy decisions are made in a collaborative environment, shaping both our nation and my home, New Jersey’s 8th Congressional District.”
Valerie Valle
Interned with Rep. Rob Menendez, Jr. (NJ-8)
“My time on Capitol Hill was transformative, providing insight into the legislative process and daily operations of a congressional office. Engaging with staffers deepened my understanding of how policymaking takes shape.”
Zacharriyah Uddin
Interned with Rep. Mikie Sherrill (NJ-11)
“I had the opportunity to engage in an open conversation with Representative Velázquez, where I learned about her career journey and gained valuable insights and advice.”
Aliyah Saleem
Interned with Rep. Nydia M. Velázquez (NY-07)
"In this role, I had the privilege of collaborating with Rutgers' Center for Politics and Race in America to conduct research and interview influential figures like Senator Laphonza Butler and Representative Bonnie Watson Coleman, gaining valuable insights into their voting records."
Safanya Searcy
Congressional Research Fellow

ARE We supporting Fellows On The Path to college completion?

Nikira Walter
Spelman College
Graduate Student, Doctor of Philosophy, Ph.D., Statistics
Kat Goduco
Spring 2022 Fellow

Encouraging Levels of Persistence
and Graduation

80% of Spelman students who took the Braven Accelerator as sophomores when we launched in Spring 2022 have graduated.19
Nationally, only about 7 in 10 undergraduate students at four-year private nonprofit institutions graduate within four years of enrollment. Between 4 to 5 out of 10 Black undergraduates at these institutions graduate within the same time frame.20
Fellows at Spelman, who join us during their sophomore year, are persisting and graduating at encouraging rates.
Spelman Fellow 4-year Graduation Rate
80%
Spelman Braven 2024 Graduates
+9
Percentage Points
71%
4 YEAR GRADUATION RATE OF GRADUATES OF FOUR-YEAR PRIVATE NONPROFIT INSTITUTIONS20

We Couldn't Do It Without You!

Higher Education Partners & Employer Partners

Higher Education Partners

  • Chicago State University (BravenX)
  • City College of New York – CUNY
  • Delaware State University
  • National Louis University
  • Northern Illinois University
  • Rutgers University - Newark
  • San Francisco State University (launched fall 2024)
  • San José State University
  • Spelman College

BravenX Partners

  • 5 Strong Scholars Foundation
  • Achieve Atlanta
  • Arkansas Commitment
  • Ascend Public Schools
  • Associated Colleges of Illinois
  • Augustana College
  • Breakthrough Kent Denver
  • Carmen Schools of Science & Technology
  • Chicago Scholars
  • Chicago State University
  • City Year Chicago
  • Coney Island Prep Public Schools
  • Cooperman College Scholars
  • Coral Academy of Science Las Vegas
  • Cristo Rey Network
  • DREAM Charter School
  • DSST Public Schools
  • Evanston Scholars
  • Excel Academy Charter School
    Excellence Community Schools
  • Freedom Preparatory Academy Charter Schools
  • IDEA Public Schools
  • Judson University
  • KIPP Metro Atlanta
  • KIPP Forward
  • KIPP NJ
  • Lehman College
  • LISA Academy
  • National Association for Urban Debate Leagues
  • Newark Youth Career Pathways Program
  • North Central College
  • Noble Schools
  • Rivet School
  • SEEDS
  • The Academy Charter School
  • The Wight Foundation
  • Uncommon Schools
  • Uplift Education
  • UtmostU

Employer Partners
LEAD

(250K+ and programmatic support)

  • Adobe
  • Atlassian
  • Barclays
  • Blackstone Charitable Foundation
  • Capital One
  • Deloitte
  • JPMorgan Chase Foundation
  • LinkedIn
  • NBA Foundation
  • Salesforce

ANCHOR

($100K+ and programmatic support)

  • Cognizant US
  • The College Board
  • UBS

KEYSTONE

($25K+ and programmatic support)

  • Berkshire Hathaway Specialty Insurance
  • Blackbaud
  • BlackRock
  • Pathward N.A.
  • Rakuten International
  • Silver Lake
  • Stanley Black & Decker
  • Taco Bell Foundation
  • United Airlines
  • Wells Fargo

IMPACT

($5K and/or programmatic support)

  • Amazon
  • Metro Atlanta Chamber
  • Vanguard
  • Visa

Supporters (1K+)

  • Atlanta Foundation
  • Betty and Davis Fitzgerald Foundation
  • Charles and Lynn Schusterman Family Philanthropies
  • Community Foundation for Greater Atlanta
  • Community Foundation for Southeast Michigan
  • Cynthia Bowman
  • Deloitte Foundation
  • New Profit, Inc.
  • Prosper Road Foundation
  • Susan Grant
  • The 1954 Project
  • The Molly Blank Fund of The Arthur M. Blank Family Foundation

Endnotes

  1. Statistics based on data from the National Center for Education Statistics (2021 digest and 2019 NCES 2019-487), National Student Clearinghouse Research Center’s Transfer & Progress report (Fall 2022), and Third Way’s “The Pell Divide: How Four-Year Institutions are Failing to Graduate Low- and Moderate-Income Students” (2018).
  2. National Center for Education Statistics. "Distance Learning." Fast Facts, U.S. Department of Education,  Accessed 5 Dec. 2024.
  3. U.S. Bureau of Labor Statistics. "Job Openings Reach Record Highs in 2022 as the Labor Market Recovery Continues." Monthly Labor Review, 2023.
  4. National Association of Colleges and Employers. "Students Recognize the Importance of Gaining Internship Experience." NACEweb.
  5. Federal Reserve Bank of St. Louis. Unemployment Rate - College Graduates - Bachelor's Degree, 20 to 24 years. Federal Reserve Economic Data (FRED). Accessed 9 Jan. 2025.
  6. U.S. Bureau of Labor Statistics. "Unemployment Rate Steady at 4.1 Percent in October 2024." The Economics Daily, 2024.
  7. We have jobs data for 97% of FY24 Spelman Braven graduates.
  8. Burning Glass Institute and Strada Institute for the Future of Work, Talent Disrupted: Underemployment, College Graduates, and the Way Forward, 2024. The comparison metric used is percent of employed students who are not underemployed one year after graduation with a bachelor's degree. In the national report, benchmark data for peer institutions was calculated by taking a weighted average of underemployment rates based on the concentration of Pell Grant recipients at Braven's core higher education partners and subtracting this from one. Because Spelman is classified as an institution with a moderate concentration of low-income students, the peer benchmark in this report is based on institutions with a moderate concentration of low-income students.
  9. Percentages do not add up to 100% due to rounding.
  10. Inclusive of Braven graduates from 2021-2024.
  11. Chetty, Raj et al. The Fading American Dream: Trends in Absolute Income Mobility Since 1940. Science, December 2016.
  12. U.S. Census Bureau. American Community Survey. Data filtered by age (AGEP 23-24), income (PINCP > $1), hours worked (WKHP > 35 or WKHP > 0), employment status (ESR Civilian employed, at work), and educational attainment (SCHL Bachelor’s degree). U.S. Census Bureau.
  13. National Survey of College Internships 2023 Technical Report. Strada Education Foundation. June 2024.
  14. Silva, Erik, et al. What Can We Learn from Longitudinal Studies on the Impacts of College Internships? Center for Research on College-Workforce Transitions, University of Wisconsin-Madison, Apr. 2022.
  15. 2024 NACE Student Survey Report: Four-Year Schools Executive Summary. Sept. 2024.
  16. Deming, David, Joseph B. Fuller, Rachel Lipson, Kerry McKittrick, Ali Epstein, and Emma Catalfamo. Delivering on the Degree: The College-to-Jobs Playbook. Cambridge, MA: Project on Workforce, Malcolm Wiener Center for Social Policy, Harvard Kennedy School, April 2023.
  17. National Survey of College Internships 2023 Technical Report. Strada Education Foundation. June 2024.
  18. Strada Education Foundation. "From College to Career: Students' Internship Expectations and Experiences." Strada Education Foundation, 17 May 2023.
  19. The graduation rate is calculated for Spelman Braven Fellows who took the course as asophomore in Spring 2022 and graduated by Spring 2024.
  20. National comparison is the implied four-year graduation rate for students who were full-time, first-time degree/certificate-seeking undergraduate students at four-year private nonprofit institutions, after accounting for those who persisted from freshman to sophomore year. Sources for data: U.S. Department of Education, National Center for Education Statistics, Digest of Education Statistics, 2023 release of Tables 326.10, 326.30, and 306.50; Pitcher, McCall, and Parson, Kelle. “More to the Retention Story: Exploring Second- to Third-Year Retention at 4-Year Colleges and Universities.” American Institutes for Research. July 2023.