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Is it bad that I'm not graduating on time?
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Exactly. I was in the same boat as OP because my GPA was trash. I probably missed some opportunities because of it when trying to land my first job. But after I got one in my field, I was never asked for my GPA again, or even evidence that I went to college. Employers only want to know what you did in your last job, and only default to grades or diplomas if you have no relevant work history.