ADP reports entry-level wages for 16- to 24-year-olds rose 5.2 percent in the past year, about double the increase for workers' wages overall.

While studies suggest recession graduates tend to fall behind their nonrecession peers in terms of salary and don’t catch up for 10 to 20 years, there are ways to catch up more quickly and make up the gap.

This year's college graduates enter one of the best job markets since the Great Recession.